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Hamilton, Bermuda: 30 September 2021 – In a filing with the Bermuda Stock Exchange (“BSX”), Waterloo Investment Holdings Limited (the "Company" or “WIHL”; Ticker: WIHL.BH) announced the release of its Annual Report. The full release states:

 

September 29, 2021 – Waterloo Investment Holdings Limited (Bermuda – WIHL) (“the Company” or “WIHL”) announces the release of its Annual Report containing the audited consolidated financial statements for the Company as at and for the year ended March 31, 2021. The Company reports net income of $25.3m for the year ended March 31, 2021 (2020 – $6.2m) and net income per ordinary share for the year of $0.05 (2020 – $0.01).

 

At March 31, 2021 total assets were $552.9m (2020 - $526.1m) and net assets were $462.3m (2020 - $437.6m).

 

A copy of the Company’s Annual Report is being mailed to all shareholders. A copy of the Annual Report is available for download from the Company’s website: http://www.wihl.com or can be obtained from the Company’s Listing Sponsor, Ocorian Securities (Bermuda) Limited of Victoria Place, 5th Floor, 31 Victoria Street, Hamilton, HM GX, Bermuda.

 

Background

 

WIHL is an investment holding company incorporated in the British Virgin Islands. WIHL owns the British Caribbean Bank Limited, a financial services business in the Turks and Caicos Islands and a hotel management division, namely the Turks and Caicos Collection. Through its Investment Division, WIHL owns or controls substantial other investment interests in the Turks and Caicos Islands and Belize, principally through secured loans which include secured loans to the largest port in Belize. WIHL also holds an approximate 25 percent interest in an edible oil processing and distribution operation in Latin America.

 

For further information contact:

 

Waterloo   Investment   Holdings   Limited   at   101   Governors   Road, Leeward, Providenciales, Turks & Caicos Islands, B.W.I. or send an email via the Company’s

 

web site http://www.wihl.com.

 

 

Full financials can be found by using the following link:

 

https://www.bsx.com/CompanyDocuments/1099937818/WIHL_Financial%20Statements_2020.pdf