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Massy Group beats pandemic odds in first quarter


Massy Group beats pandemic odds in first quarter
Article by
April 15, 2021
Despite the challenges created by the COVID-19 pandemic, one of the Caribbean’s largest conglomerates, says it has “started the financial year 2021 well”.
Robert Bermudez, chairman of Massy Holdings and its subsidiaries, which are headquartered in Port-of- Spain, made the comments in a statement accompanying the unaudited consolidated financial statements of the group for the first quarter (Q1) ending December 31, 2020.
Profit for the quarter stood at TT$188.418 million (BDS$62.896 million).
This was an increase of TT$21.224 million (BDS$7.074 million) more than for the same quarter in the previous year. ....

United States , Trinidad And Tobago , Robert Bermudez , Neal Massy , Massy Group , Corporate Office , Massy Holdings , Barbados Shipping , South Florida , ஒன்றுபட்டது மாநிலங்களில் , டிரினிடாட் மற்றும் டொபாகோ , ராபர்ட் பெர்முடெஸ் , வெகுஜன குழு , பெருநிறுவன அலுவலகம் , வெகுஜன ஹோல்டிங்ஸ் , பார்படோஸ் கப்பல் போக்குவரத்து , தெற்கு புளோரிடா ,

Chatrani is executive chairman at Apes Hill Development


Chatrani is executive chairman at Apes Hill Development
Article by
April 10, 2021
Veteran tourism executive Sunil Chatrani is now a shareholder and executive chairman of Apes Hill Development.
Chatrani, former Chief Executive Officer of the Elegant Hotel Group, is building the team to relaunch the 450-acre site, currently undergoing significant redevelopment, and scheduled to reopen in November 2021
Chatrani has more than 30 years of experience in finance, tourism, mergers and acquisitions and strategy in Barbados and throughout the region.
“Sunil is a visionary, trusted and proven leader,” said Glenn Chamandy, who purchased the assets of Apes Hill in early 2020, “his market knowledge and strong relationships are exemplary, he is ideally suited to drive the future success of Apes Hill. I look forward to working closely with Sunil, and to the upcoming opening of our fully renovated golf course including our signature ....

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Massy increases profit in pandemic - Barbados Today


Massy increases profit in pandemic
Article by
January 21, 2021
Despite the damage inflicted on Caribbean economies by the COVID-19 pandemic, the Massy Group, one of the region’s largest conglomerates managed to grow its after-tax profit by more than 20 per cent last year.
In its recently-released annual report for the year ending September 30, 2020, Robert Bermudez, chairman of the Port-of-Spain-based company, told shareholders the group of companies had shown great resilience during the crisis.
Massy, which has significant interests in Barbados acquired mainly from its takeover of Barbados Shipping & Trading more than ten years ago, earned 29 per cent of its profits from Barbados and the Eastern Caribbean in 2020, 43 per cent from its Trinidad and Tobago operations and 18 per cent from Guyana. ....

United States , Trinidad And Tobago , Robert Bermudez , E Gervase Warner , Massy Group , Barbados Shipping , Eastern Caribbean , Massy Technologies , ஒன்றுபட்டது மாநிலங்களில் , டிரினிடாட் மற்றும் டொபாகோ , ராபர்ட் பெர்முடெஸ் , வெகுஜன குழு , பார்படோஸ் கப்பல் போக்குவரத்து , கிழக்கு கரீபியன் , வெகுஜன தொழில்நுட்பங்கள் ,