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Firm in Focus - Cable Bahamas
Through 2Q FY2013 (as of June 2013), CAB reported net earnings of $8.96M; down $3.61M or –28.73% relative to the previous year’s comparable. Total revenues for the period remained essentially flat at $56.16M (dipping only by 0.33% or $187K) while operating expenses climbed by $2.32M (7.29%) to $34.14M. Noteworthy to investors, CAB recently finalized a $135M, 5 year senior refinancing package that now enables the company to proceed full speed ahead with its plans to aggressively ex-pand its operations into the exponentially larger U.S. telecommunications market. FIF_CABLE_BAHAMAS_-_Newspaper_Research_Update_October_2013_web Click here for full Investment Update
 

CFAL, Third Floor, 308 East Bay Street, P.O.Box: CB 12407, Nassau, New Providence, The Bahamas. Tel: 242-502-7010

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