The rebound experienced by local conglomerate Goddard Enterprises Limited (GEL) last year continues, as the group registered a 7.1 per cent increase in net profit for the last quarter ending December 31.
In the unaudited consolidated financial highlights for the October-December 2022 period, GEL recorded a net profit of $25.7 million and the board of directors welcomed the numbers, noting it
Barbadian conglomerate Goddard Enterprises Limited (GEL) has roared back from the COVID-19 pandemic shock with a record 200 per cent increase in after-tax profit for its 2022 financial year ending September 30.In its recently published consolidated audited financial highlights, the 100-year-old company established by the Goddard family from St John outlined that the post-pandemic recovery demonstrated the resilience of the group of companies which owns subsidiaries from South and Central America through to the Caribbean chain.After-tax profits of Goddard Enterprises hit $68.20 million, a significant improvement on the $22.06 million achieved last year.Chief executive officer Anthony Ali and chairman Charles Herbert also attributed the massive increase in profits to the significant turnaround in the performance of the Catering and Ground Handling Division due to the explosion in post-pandemic air travel.
Irv Craft died peacefully sitting in his favorite recliner, watching one of his favorite sports (tennis), and eagerly anticipating playing 18 holes at Southern Oaks with family and friends the next morning.
Goddard Group records "remarkable" earnings amid COVID barbadostoday.bb - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barbadostoday.bb Daily Mail and Mail on Sunday newspapers.
Coreas Hazells Inc, one of the oldest operating businesses in St Vincent and the Grenadines (SVG), has bid farewell to Managing Director, Joel Providence who has proceeded on retirement after more than 25 years of service at the helm. [caption id=