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CARIBBEAN INVESTMENT HOLDINGS LIMITED ANNOUNCES RESULTS FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2016

Hamilton, Bermuda: 03 January 2017 - In a filing with the Bermuda Stock Exchange (“BSX”), Caribbean Investment Holdings Limited (London – AIM:  CIHL; Bermuda – CIHL) (the “Company” or “BCBHL”) announced its results for the six months ended 30 September 2016.  The filing stated:

 

Belize City, Belize, December 29, 2016 -- Caribbean Investment Holdings Limited (London – AIM:  CIHL;  Bermuda – CIHL) (the “Company” or “CIHL”)

 

The Company reported a net loss from operations of $3.8m for the six months ended September 30, 2016 (2015 – net income of $2.5m), and a net loss per ordinary share from continuing operations for the six months of $0.04 (2015 – net income per share of $0.03).

 

 

For further information contact:

 

Caribbean Investment Holdings Limited

 

UK                                           +44 (0)207 248 6700

Belize                                      +501 227 7178

 

Cenkos Securities plc

 

Nicholas Wells                        +44 (0)20 739 8920

 

Note: This and other press releases are available at the Company's web site: http://www.cihltd.co.

 


http://www.cihltd.co./investor-information/press-releases/2009/12292016.html

 

 

 

Background Information

 

Caribbean Investment Holdings Limited (CIHL) 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. CIHL's businesses are conducted through its subsidiaries. The Belize Bank Limited (BBL) is incorporated and based in Belize and focuses on the provision of financial services and lending to domestic clients. Belize Bank International Limited is incorporated and based in Belize and focuses on the provision of financial services and lending to international clients. CIHL also owns an international corporate services business based in Belize, which operates as Belize Corporate Services Limited. Within Belize, BBL is the largest, full service commercial and retail banking operation with a head office in Belize City and eleven 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.