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.
Bermuda First Investment Company Limited Announces Financial Results for the Six Months Ended December 31, 2014
Hamilton, Bermuda: 10 March 2015 - Bermuda First Investment Company Limited, a BSX listed investment holding company which owns a number of significant investments in BSX Bermuda listed companies, announces its results for the six months ended December 31, 2014.
Highlights:
· Revenue of $0.3 million; and
· Market value of investments as at December 31, 2014 of approximately $27.6 million.
Commenting on the results, J. Michael Collier, Chairman of BFIC said:
“We continue to see the value of our assets remain depressed due to the challenging Bermuda economy. However, we maintain the opinion that our core investments, KeyTech and Ascendant, have a number of exciting opportunities ahead of them and remain undervalued and well positioned for future growth.”
Media Contacts:
Alasdair Younie
Director
Bermuda First Investment Company Limited
Tel: 441-299-2897
Email: ay@icm.bm