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Sagicor Financial prepares to delist in Barbados and Trinidad
jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.
Sagicor Financial prepares to delist in Barbados and Trinidad
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North American Bitcoin Conference coming to Miami – Bankless Times
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Massy group profits continue to climb
Article by May 13, 2021
Yet another regional conglomerate operating in Barbados is registering significant profit growth, even as the COVID-19 pandemic depresses Caribbean economies.
In its half-year unaudited financial report just published, the Port-of-Spain- based Massy Group is defying the pandemic uncertainty, reporting a TT$50.28 million (BDS$16.76 million) increase in profit from continuing operations, for the six months ending March 31.
Profit from continuing operations for the half-year increased from TT$264.017 million (BDS $88.023 million) to TT$314.302 million (BDS $104.767 million). The Massy Group achieved this success despite a slight drop in revenue from continuing operations during the review period.