Home Tag "Cornerstone Investments Holdings 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.

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.

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.

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 […]

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.