Belize City, Belize, October 28, 2008 — BB Holdings Limited (London – AIM: BBHL) (the “Company”) reported net income of $18.3m (2007 — $14.5m) for the quarter ended September 30, 2008, the second quarter of fiscal 2009.
Earnings per share for the quarter ended September 30, 2008 was $0.31 (2007 — $0.25).
The Financial Services division operating income for the quarter increased by 26 percent to $13.0m (2007 — $10.3m). Interest income for the quarter increased by 29 percent to $26.4m (2007 — $20.4m).
Numar, our associate, provided another solid performance in the quarter. Sales were significantly ahead of last year with continuing strong gross margins.
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