Belize City, Belize, May 20, 2009 — BB Holdings Limited (London – AIM: BBHL) (the “Company”) reported net income of $10.1m (2008 — $16.8m) for the quarter ended March 31, 2009, the fourth quarter of fiscal 2009. Earnings per share for the quarter ended March 31, 2009 was $0.17 (2008 — $0.28).
For the year ended March 31, 2009 the Company reported net income of $62.4m (2008 — $60.4m) and earnings per share of $1.06 (2008 — $1.02).
Commenting on performance, Chairman, Lord Ashcroft, KCMG, said:
“The Financial Services division produced operating income of $45.6 million in the current year, a flat result compared with 2008 but nevertheless an acceptable performance in the economic environment that has prevailed throughout the period”.
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