Belize City, Belize, June 1, 2010 — BCB Holdings Limited (London – AIM – BCB; Trinidad and Tobago Stock Exchange – BCBTT; Bermuda – BBHL) (the “Company”) reported net income of $25.9m (2009 — $62.4m) for the year ended March 31, 2010 and earnings per share of $0.27 (2009 — $1.06).
For the quarter ended March 31, 2010 the Company reported a net loss of $17.4m (2009 – net income $10.1m) and a loss per share of $0.17 (2009 – earnings per share $0.17).
Commenting on corporate performance, Chairman, Wendell Mottley, said:
“Financial Services operating income of $12.7 million for the year was after an exceptional charge of $44.5 million in respect of loan provisions.”
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