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GEL pins recovery on vaccines, tourism - Barbados Today

GEL pins recovery on vaccines, tourism Article by May 27, 2021 The half-year profits of Goddard Enterprises Limited (GEL) are down significantly, and the shareholders are feeling it in their dividend cheques which have fallen by almost 35 per cent. This was revealed in the latest consolidated financial highlights of the Barbados-based regional conglomerate, for the six months period ending March 31. According to the recently published financials, profit from operations was down by almost 65 per cent, falling from $35.05 million for the comparable period last year, to $12.36 million for the first six-months this financial year. Net income for the period fell by 58.4 per cent, down from $30.66 million in 2020 to $12.76 million for the review period this year. Importantly, earnings per share for investors were down by 34.5 per cent, falling from 8.7 cents per share last year to 5.7 cents per share this year.

Ian Alleyene retires as chairman of Fidelity Motors

Alleyene worked with Courtesy Garage Limited (Barbados) and Fidelity Motors Limited (Jamaica) for 18 years. The Management of Courtesy Garage Limited (Barbados) and Fidelity Motors Limited (Jamaica), subsidiaries of Goddard Enterprises Limited has announced the retirement of Ian Alleyene as chairman of both companies. In making the announcement, Senior General Manager of Courtesy and Director of Fidelity Motors, Nicholas Mackie, lauded Alleyne for 18 years of committed and effective service and leadership to both companies. Mr Alleyne took the helm of the two companies in the very challenging years following September 11. He navigated and guided the company through some of its most difficult periods, including the financial crisis of 2008 and, more recently, the COVID-19 pandemic. He is hands down one of the best leaders I have worked with within my 30 years in the automotive industry.

Rotary Club playing major civic role - Barbados Today

Rotary Club playing major civic role Article by April 7, 2021 All Barbadians acknowledge that the Harrison’s Point facility is the focal centre for treatment of persons who are afflicted with the COVID–19 virus. The residents at this facility are being cared for by a committed and dedicated team of health professionals. Hospital employees and health care providers are on the frontline in the battle against the coronavirus pandemic which has affected many. It is therefore incumbent on all individuals to search for ways to provide the help and support that the professionals need, that is, apart from staying at home and following the protocols.

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