By NATARIO McKENZIE

Tribune Business Reporter

nmckenzie@tribunemedia.net

THE BAHAMAS Electricity Corporation (BEC) should make around $5 million in net income for its just-closed 2011 financial year, its chairman yesterday saying the improvement on the less than-$1 million yield in 2010 showed it was headed towards recovery.

"I expect there to be a slight improvement in profitability over what we saw last year. I expect a profit to the order of $5 million," Michael Moss said.

"I don't have numbers yet to see if it's going to be in line with that expectation, but certainly I expect it to be more than $1 million. The road to recovery has started."

Mr Moss added: ...

Click here to read more at The Tribune