Paint company’s half-year earnings cut in half
Created: Dec 28, 2025 08:00 AM
Net income of Devonshire Industries, parent company of Bermuda Paint Company, is down (File photograph)
Devonshire Industries, the parent company of the Bermuda Paint Company has reported net income of $106,353 for the six months ending September 30, a drop of 50.62 per cent compared to the same period last year.
Meanwhile net income from discounted operations was $99,055 compared to $210,141 for the same time frame in 2024, a dip of 52.86 per cent.
Operational costs were $538,078, a jump of 9.03 per cent, while net sales were $1,456,565, down 9.63 per cent.
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Published December 28, 2025 at 8:00 am (Updated December 27, 2025 at 11:13 am)
Paint company’s half-year earnings cut in half
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