This page includes Regulatory news filings supplied by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.
BCB HOLDINGS LIMITED – ANNOUNCES Q1 RESULTS FOR FIRST QUARTER ENDED 30 JUNE, 2010
Belize City, Belize – 27 August, 2010 – In a filing to the Bermuda Stock Exchange (“BSX”), BCB Holdings Limited (the “Company”; Tickers: AIM: BCB; Trinidad and Tobago Stock Exchange: BCB.TT; Bermuda Stock Exchange: BCBH.BH) reported net income of $8.9m (2009 -- $14.6m) for the quarter ended 30 June, 2010, the first quarter of fiscal 2011.
Operating income of the Financial Services division for the quarter ended 30 June, 2010 amounted to $6.3m (2009 - $11.3m).
Earnings per share for the quarter ended 30 June, 2010 was $0.09 (2009 -- $0.17).
Background Information
The Financial Services division operates principally through the Belize Bank in Belize and British Caribbean Bank in the Turks and Caicos Islands. In Belize, the Bank is the largest, full service commercial and retail banking operation with a head office in Belize City and thirteen branches extending into each of the six districts of Belize. The principal operations of the Bank are commercial lending, consumer lending, deposit-taking and related banking activities. In Turks and Caicos the Bank is one of the largest commercial lenders.
The Company’s associate, Numar, owns edible oil processing and distribution operations and palm seed plantations principally in Costa Rica, where they are market leaders in edible oils, margarine, industrial oils and animal feed.
For further information contact:
Makinson Cowell BCB Holdings
+1 212 994 9044 UK +44 (0)20 7248 6700 Belize +501 227 7178
Note: This and other press releases are available at the Company’s web site: http://www.bcbholdings.com