Stevedoring Services' net income edges up
Terminal operator on Hamilton docks, Stevedoring Services has announced net income of $559,982 for the year to March 31, a modest increase from the prior year's profit of $555,047. Earnings per share remained at 45 cents.
Revenues for the year rose to $7,451,426 from $7,122,207 the year before.
Total expenses rose from $6,567,160 in 1997 to $6,891,144 in the year to March 31, 1998. Tonnage carried increased from 321,988 to 335,689 tonnes and container moves rose from 30,886 to 34,155.
BANK OF BERMUDA REVEALS APPOINTMENTS APP Bank of Bermuda reveals appointments The Bank of Bermuda's new senior management team came into clearer focus yesterday with the announcement of new executive appointments. The changes are part of a restructuring of the bank's senior management team around core global businesses, which are coordinated on a regional basis. Peter Hodson is the senior vice president private clients, Europe and managing director of Bank of Bermuda (Guernsey) Ltd.
Mr. Martin Lancaster is the senior vice president and head of operations, Europe. Paul O'Neill is the senior vice president private clients, Asia. Paul Smith is the senior vice president corporate trust, Asia.
And Christopher Wilcockson is senior vice president corporate trust, Europe and managing director of the Bank of Bermuda Luxembourg S.A.
BERMUDA STOCK EXCHANGE ANNOUNCES DELISTING STK Bermuda Stock Exchange announces delisting The Bermuda Stock Exchange has announced the de-listing of the Flemings International Equity (Bda.) Ltd. Series 1 KOSPI FRELS, as a result of the KOSPI FRELS having been redeemed in full June 9.
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