QWI AGM set for April 25

QWI Investments will be holding their annual general meeting on Thursday, April 25 starting at 10 AM at the Courtleigh Hotel in New Kingston.

The meeting will review the financial statements for the year ended September 2023. The company reported a profit after tax of $44 million compared with a loss of $49 million in the previous year. The net asset value (NAV) ended the financial year in 2023 at $1.23 which was down from $1.27 in 2022.

Based on the results released for 2024 to date, the company continues to record positive results with the December 2023 quarter producing a profit of $18 million compared with a loss of $65 million. The NAV ended 2023 at $1.25 compared with $1.22 in 2022. The NAV is at $1.27 on April 12, 2024.