Home Tag "Rita Humphries-Lewin"

Barita Investments Reporting 379.7% Improvement In Q1 Net Profit To JA$108M, Even Amidst Significant Impact By Foreign Currency Translation Losses

Barita Investments Limited is report a 379.7% improvement in net profit to JA$108.4 million, even amid a significant impact by foreign currency translation losses totaling $179.5 million for the first quarter of the 2019 financial year. With a stable currency, the profit levels would have been $288 million for the quarter they report. Mark Myers […]

Guardian Group Reporting Excellent Results For 2018, With Profits Of TT$534 Million, An Increase Of 31% Over 2017 TT$407 Million.

Cornerstone Investments Holdings Offers Rita Humphries-Lewin JA$3B To Acquire Majority Position In Barita Investments.

Cornerstone Investments Holdings Limited has formally presented its offer to acquire a majority position in Barita Investments. The offer of JA$9.20 for approximately 334 million Barita shares is expected to cost Cornerstone Investments JA$3 Billion. Corner Stone is seeking to acquire no more and no less than 75 percent of the company, as they intend […]

Guardian Group Reporting Excellent Results For 2018, With Profits Of TT$534 Million, An Increase Of 31% Over 2017 TT$407 Million.

Barita Investments Continues To Feel Effects Of JA$ Strengthening Against The US$

Chairman of Barita Investments Limited Rita Humphries-Lewin, is reporting that for the March 2018 quarter the company achieved growth in key revenue drivers, namely interest income, fees and commission income and cambio trading and translation gains. Commenting further on the company’s performance she reported that net profit for the three months totaled JA$88 million, compared […]

Guardian Group Reporting Excellent Results For 2018, With Profits Of TT$534 Million, An Increase Of 31% Over 2017 TT$407 Million.

Barita Investments Posts Before Tax Profits of Over $330m

Founder and Chairman of Barita Investments Limited, Rita Humphries-Lewin, is reporting for the financial year ending September 30, 2017 the company posted profit before tax just over $330-million. Barita Investments posted $331-million, moving from an over 10-percent decline in interest income year-on-year to more than $1-billion. Addressing shareholders, she reported that Net Pro?t was negatively […]

The Tourism Industry Is On Track To Become Jamaica’s Fastest Growing Economic Engagement.

Mark Myers Led Cornerstone United Holdings Makes Offer For Majority Stake In Barita Investments Limited

Barita Investments Limited has now disclosed that it has received an offer from the Mark Myers led Cornerstone United Holdings Jamaica Limited to purchase the majority share holdings of the Company. The terms and conditions of this acquisition are dependent on the outcome of negotiations which are yet to be finalized. Cornerstone United Holdings Jamaica […]

The Tourism Industry Is On Track To Become Jamaica’s Fastest Growing Economic Engagement.

Rita Humphries-Lewin Receives Offer To Acquire Majority Shareholdings In Barita Investments.

Barita Investments Limited has advised that the Company has received an offer to acquire majority shareholdings in the Company. Founder and Chairman, Rita Humphries-Lewin who started the company in the 1970s, is currently the majority shareholder with a 76 percent shareholding of 340 million shares, is seen as the likely target. The Company’s Board of […]

The Tourism Industry Is On Track To Become Jamaica’s Fastest Growing Economic Engagement.