Home Tag "Barita Investments Limited"

Barita Investments Limited Reporting For Q1 2019-2020, 382% Increase In Net Profits

Barita Investments Limited is reporting for Q1, the three months ending December 2019, net profits of JA$503 Million, representing a 382% increase over the net profits of JA$108.4M for the corresponding period in 2018. Net profit for QI for fiscal 2019-2020 translated into earnings per share of 61 cents relative to the restated 17 cents […]

Significant Capital Investment In Training Equipment And Physical Capacity Positions Icreate For Growth In Revenue And Profitability As Company Reports Increased Comprehensive Loss For 2019.

Ian McNaughton Resigns as Chairman and Director of The Jamaica Stock Exchange

The Jamaica Stock Exchange Limited (JSE) has advised that Mr.Ian McNaughton will resign as Chairman and Director of the Board of the Company effective December 24, 2019. Mr. McNaughton has served as a Director of the Board of the JSE for over five (5) years and has been Chairman of the Board of the JSE […]

Brian Wynter, Former Bank of Jamaica Governor, Joins Seprod Group Board of Directors

Paula Barclay New CEO at Barita Investments And Other Major Leadership Changes

The Board of Barita Investments Limited (Barita) has advised that Mr. Ian McNaughton, Managing Director and Company Secretary of Barita has resigned from the company effective December 24, 2019 to pursue other interests. Mr. McNaughton joined Barita in 2008 as Financial Controller and Company Secretary and was promoted to General Manager in 2009 before assuming […]

Brian Wynter, Former Bank of Jamaica Governor, Joins Seprod Group Board of Directors

Barita Investments Limited Reporting Net Profits Of JA$912M, A Third Consecutive Quarter Of Record Profits

Barita Investments Limited is reporting for the quarter ending June 30th 2019 net profits of JA$912 Million, which the company says represents a third consecutive quarter of record profits. Commenting on the Groups unaudited results, Chairman Mark Myers, reported that for the nine months their focus on revenue growth and diversification has continued to bear […]

Significant Capital Investment In Training Equipment And Physical Capacity Positions Icreate For Growth In Revenue And Profitability As Company Reports Increased Comprehensive Loss For 2019.

Corporate Movements – May 2019

Scotia Group Jamaica Limited (SGJ) has advised that Hugh Miller, Chief Operating Officer at Scotia Investments Jamaica Limited, will be leaving the organization effective May 31, 2019 Jamaica Stock Exchange Limited (JSE) has advised that effective April 30, 2019, Ms. Yvolyn Maxwell is no longer a director of the Board of the Jamaica Central Securities […]

Brian Wynter, Former Bank of Jamaica Governor, Joins Seprod Group Board of Directors

Barita Investments Limited Reporting Net Profits Of JA$408.3M, A Second Consecutive Quarter Of Record Profits.

Mark Myers Chairman of Barita Investments Limited is reporting net profits of JA$408.3 million, a second consecutive quarter of record profits. Commenting on the performance he indicated that for the six months their strategy continued to reward them with a near ten-fold growth in net profits; an increase of $467.3 million, or 946.6%, to $516.7 […]

Significant Capital Investment In Training Equipment And Physical Capacity Positions Icreate For Growth In Revenue And Profitability As Company Reports Increased Comprehensive Loss For 2019.

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 […]

Significant Capital Investment In Training Equipment And Physical Capacity Positions Icreate For Growth In Revenue And Profitability As Company Reports Increased Comprehensive Loss For 2019.

Barita Investments Reporting 84.2% Improvement In Net Profits For 2018 Financial Year

Barita Investments Limited is reporting an 84.2 percent improvement in net profits to JA$374 Million for the financial year ending September 30th 2018. Commenting on the results Chairman Mark Myers reported to shareholders that this was achieved on the back of both higher net interest income and non-interest income streams. Amid a 29.2 percent decline […]

Significant Capital Investment In Training Equipment And Physical Capacity Positions Icreate For Growth In Revenue And Profitability As Company Reports Increased Comprehensive Loss For 2019.

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 […]

Significant Capital Investment In Training Equipment And Physical Capacity Positions Icreate For Growth In Revenue And Profitability As Company Reports Increased Comprehensive Loss For 2019.

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 […]

Brian Wynter, Former Bank of Jamaica Governor, Joins Seprod Group Board of Directors