A 45.4% (or $1.09Bn) deterioration in net operating revenue saw Barita Investments Ltd. (BIL) reporting net profit of $479.32Mn (EPS: $0.40) for its first quarter of the FY 2023-24 financial year, a 55.2% contraction relative to prior year.
Barita’s Q1 profit slashed in half
Barita Beat Investor Briefing | Wednesday, February 28, 2023
https://www.youtube.com/watch?v=f8EaWTwkXD4
Real estate gains fizzle at Barita
https://jamaica-gleaner.com/article/business/20240301/real-estate-gains-fizzle-barita