Caribbean Utilities Company, Ltd Announces Unaudited First Quarter Results ended March 31st 2022
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Thursday, May 5, 2022
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GRAND CAYMAN, Cayman Islands, May 4, 2022 /CNW/ - Caribbean Utilities Company, Ltd. ("CUC" or "the Company") announced today its unaudited results for the three months ended March 31, 2022 ("First Quarter 2022" or "Q1 2022") (all figures in United States dollars).
Key Points:
- GRAND CAYMAN, Cayman Islands, May 4, 2022 /CNW/ - Caribbean Utilities Company, Ltd. ("CUC" or "the Company") announced today its unaudited results for the three months ended March 31, 2022 ("First Quarter 2022" or "Q1 2022") (all figures in United States dollars).
- During First Quarter 2022, the Company recorded an increase in our customer base.
- Net earnings increased by $2.2 million from $3.3 million for the three months ended March 31, 2021 ("First Quarter 2021" or "Q1 2021") to $5.5 million for First Quarter 2022.
- CUC's First Quarter results and related Management's Discussion and Analysis ("MD&A") for the period ended March 31, 2022 are incorporated by reference.