On the heels of international ratings agency Fitch warning that telecoms giant Digicel faces imminent refinancing risks and will likely have to restructure its 2021 bonds, news has emerged that the company suffered a dip in earnings for the July to September quarter.
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Caribbean Cement Company Limited has continued its robust growth with revenue for the first three quarters of the year jumping to $13.5 billion, an increase of 2 per cent when compared to the period last year. However, heavy rainfall combined with other operational expenses to squeeze profit margins in the third quarter.
Read more: CCCL revenues cracked in third quarter by heavy rainfall
