Belize City, Belize, December 1, 2009 — BCB Holdings Limited (London – AIM – BCB; Trinidad and Tobago Stock Exchange – BCBTT) (the “Company”) reported net income of $13.4m (2008 — $18.3m) for the quarter ended September 30, 2009, the second quarter of fiscal 2010.
Earnings per share for the quarter ended September 30, 2009 was $0.13 (2008 — $0.31).
For the six months ended September 30, 2009 the Company reported net income of $28.0m (2008 — $36.0m. Earnings per share for the six months ended September 30, 2009 was $0.31 (2008 — $0.61).
Commenting on corporate performance, Chairman, Lord Ashcroft, KCMG, said:
“Financial Services operating income continues to be affected by the weak economic environment in our countries of operation where there are no signs of a recovery in the short term. Operating income is down principally due to interest reversals on nonperforming loans”
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