Increased revenue from the old Bakery Building and parking contributed to a 22 percent jump of the unaudited net income of West Hamilton Limited (formerly Bermuda Bakery Limited) for the first six months of 2006.

The unaudited net income of the company from January 1 to June 30 was $587,793, compared to $480,608 recorded last year. Operating income increased by $88,093 or 21 percent to $501,710 compared to $413,617 last year. Total revenue of $1.26 million increased by $198,972 or 19 percent during the first six months of 2006 due to increased revenue from the old Bakery Building and parking.

Total assets have increased by 13 percent or $796,890 and shareholder?s equity increased by 13 percent or $793,941 from June 30, 2005.

Earnings were $2.04 per share for the first half of 2006 compared to $1.67 per share in the first six months of 2005.

Dividends paid amounted to $202,146 or $0.70 per share in the first six months of this year compared to $0.50 per share in the same period in year 2005.

The shareholders of Bermuda Bakery Limited in their Annual General Meeting on July 11, approved a resolution to change the company?s name to West Hamilton Limited. The change of name was approved and registered by the Registrar of Companies on the July 14. The company?s address and phone numbers will remain the same as Bermuda Bakery Limited.

The shareholders and the Board of the company feel that the old name did not reflect the company?s current activities and its future plans to develop the Pitts Bay Road site, which is the largest undeveloped commercial property west of Hamilton.