Cargo Handlers Limited advised that a resolution was passed by the Board of Directors at a meeting held on November 28, 2013 to invest in the Bulk Liquid Carrier Petroleum Limited. The company transports petroleum products across the island. CHL advised that this investment is expected to add $150 million in revenue.
Cargo Handlers just reported earnings of $85 million for the year ended September this year and ended up with cash of $131 million.
Related posts | Sexiness no, performance yes | Profits up at Cargo Handlers