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Nassau, Bahamas - AML Foods Limited today
released financial results for its second quarter ending July 31st
2010, showing another profitable period for the Group, though recording
a decrease in sales of 7.8%, consistent with Q1 results. Highlights for
the quarter include:
o Net profit for the period of $373k compared to a net profit of $1,177k for the corresponding quarter in 2009
Kassav, Beenie Man and Tarrus Riley to perform as St. Croix hosts 42nd AGRIFEST
US VIRGIN ISLANDS - The alluring French Antillean
zouk sounds of Kassav and the pulsating reggae vibrations of Beenie Man
and Tarrus Riley will sweep through St. Croix this weekend whetting
appetites of patrons attending the 42nd annual Agriculture and Food Fair
of the US Virgin Islands (AGRIFEST).
By NEIL HARTNELL
Tribune Business Editor
AML Foods' chairman yesterday expressed delight that the $12 million 'hostile takeover' bid to acquire a 51 per cent stake in the BISX-listed food group had been withdrawn, telling Tribune Business that the company was eyeing expansion possibilities through another food store in southern New Providence.
Speaking after this newspaper informed him that Mar...
Food prices have risen by three to five percent as a result of the impact of new and increased fees and taxes, grocery retailers and wholesalers revealed yesterday.
Phil Lightbourne, owner of Phil's Food Services, told Guardian Business that he has had no choice but to pass on the higher costs he is experiencing for wholesale product to consumers...
When will The Bahamas benefit Bahamians and the people of The Bahamas move beyond eating from the crumbs that sometimes fall from foreigners' tables?
The political dilapidation of our great Bahamaland is rapidly racing toward its demise, and if we don't wake up and fight for our country as a people, sad will be our cry. Time and time again, election after election, we have gullibly s...
Student chefs are busily preparing their plantains for battle in Island Flare's third annual Food Fight this weekend. On Friday students from grades eleven and twelve will pit their plantain platters against each other in a culinary competition second to none for high school students.
The ultimate winners will be awarded a culinary boot camp at the prestigious Johnson and Wales University, reno...
A BISX-listed company has become possibly the first major enterprise in The Bahamas to come out and publicly express that it is "not concerned" about having to administer value-added tax (VAT) - so long as it is implemented in a way that makes it simple to do so.
Gavin Watchorn, CEO of AML Foods, also revealed that in addition to asking the government to abandon plans to exempt a laundry list of b...
All-Bahamian staff helps make the difference...