Search results for : Breweries

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News Article

June 26, 2014
Brewery: 20 million plan if govt offers 'certainty'

A Freeport brewery has committed to undertaking a $20 million, 15-year expansion if the government will enter into a heads of agreement with it that will provide it with "longer term" stability in its business environment.
The Bahamian Brewery and Beverage Co. (BBBC), which yesterday signed a $2 million contract with Frecon Construction Ltd. to expand its storage and production facilities, has alr...

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News Article

June 19, 2014
Brewery hopes for 'level playing field' post-tax reform

Commonwealth Brewery has told shareholders that it hopes oncoming tax reform will result in all players in their industry operating on a "level playing field" in terms of taxes and duties paid, and with offenders being "appropriately penalized".
At its annual general meeting, Julian Francis, chairman of the publicly-listed beer, wine and spirits company, said he expects such reforms to "clearly" i...

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News Article

June 03, 2014
Bahamian Brewery donates to two local regattas

Bahamian Brewery and Beverage Co. Ltd. continued its support of regattas throughout The Bahamas by making donations last week to both the Long Island and Grand Bahama regattas.
"We have always been huge supporters of Bahamian regattas, as they're a 'Truly Bahamian' sporting and family event. Not only that, but since regattas are sailing races, they're the best place to host our Sands 'Man in the B...

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News Article

May 14, 2014
Commonwealth Brewery records first quarter profit fall

Commonwealth Brewery suffered a 21.5 percent year-over-year profit fall in the last quarter, driven in part by lower sales due to "sluggish market conditions" and a rise in the cost of raw materials, among other factors.
Releasing its financial results for the quarter ended March 31, 2014, the company - which produces brands such as Kalik, Heineken, Eclipse, Guinness and Vitamalt - saw its revenue...

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News Article

February 11, 2014
Fly-in tours of brewery

Freeport, Grand Bahama - Bahamian Brewery and Beverage continued their "fly-in" tours of the brewery in Grand Bahama last week.

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News Article

February 12, 2014

News Article

November 15, 2013
Quieter first quarter blamed for brewery's profit fall

Kalik and Heineken brewer, Commonwealth Brewery Limited, saw a seven percent profit drop for the nine months ending September 2013, a fall it has attributed primarily to lower sales in its first quarter and higher marketing expenses.
The net income fall, to $13,425,689 for the nine months ending September 2013, compared with $14,421,275 for the same period in 2012, came even as the beer maker boos...

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News Article

October 24, 2013
Commonwealth Brewery Ltd. Education Fund launched

NASSAU, Bahamas -- Mr. Reginald Saunders, Administrator of the Scholarship and Educational Loan Unit of the Ministry of Education, Science and Technology brought remarks on behalf of the Minister, the Honourable Jerome Fitzgerald at the Commonwealth Brewery Ltd. (CBL) Education Fund Launch. The company plans to increase its corporate citizenship by offering $50,000 a year in scholarships over the ...

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