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BCB Holdings Ltd. Announces Q3 2014 Results (Excerpt)
Belize City, Belize – 06 February, 2014 - BCB Holdings Limited (the “Company” or “BCBHL”; Tickers: AIM: BCB; Bermuda Stock Exchange: BCBH.BH) reported a net loss from operations of $2.7m for the three months ended December 31, 2013 (2012 – net income of $2.1m), and a net loss per ordinary share from continuing operations for the three months of $0.03 (2012 – net income per share of $0.02).
The Company reported a net loss from operations of $4.8m for the nine months ended December 31, 2013 (2012 – net income of $4.7m), and a net loss per ordinary share from continuing operations for the nine months of $0.05 (2012 – net income per share of $0.05).
Background Information
BCB Holdings Limited is a parent holding company with no independent business operations or assets other than its investments in its subsidiaries, intercompany balances and holdings of cash and cash equivalents. BCBHL’s businesses are conducted through its subsidiaries. The Belize Bank Limited (“BBL”), which is incorporated and based in Belize, focuses on the provision of financial services and lending to domestic clients, and Belize Bank International Limited, which is incorporated and based in Belize, focuses on the provision of financial services and lending to international clients. BCBHL also owns an international corporate services business based in Belize. Within Belize, BBL is the largest, full service commercial and retail banking operation with a head office in Belize City and thirteen branches extended into each of the six districts of Belize. The principal operations of BBL are commercial lending, consumer lending, deposit taking and related banking activities.
For further information contact:
BCB Holdings Limited
UK: +44 (0) 207 248 6700
Belize: +501 227 7178
Cenkos Securities plc
Nicholas Wells +44 (0)20 739 8920
The complete text of this and other press releases are available at the Company's web site: http://www.bcbholdings.com