| Business Summary | | Consolidated
Water
Co.
Ltd.
provides
water
services
in
areas
where
the
supply
of
potable
water
is
scarce.
These
water
services
include
the
production
of
potable
water
from
seawater,
and
the
distribution
of
potable
water
through
pipelines
to
customers.
In
addition,
the
Company
has
expertise
in
providing
wastewater
services.
Its
customers
include
residential,
commercial
and
tourist
properties,
government
facilities
and
public
utilities.
The
Company's
operations
are
organized
in
three
business
segments.
The
business
group
segments
are
Cayman
Islands
Operations,
Belize
Operations
and
Bahamas
Operations.
In
2000,
the
Cayman
Island
Operations
and
Belize
Operations
accounted
for
95%
and
5%,
respectively,
of
its
total
revenue.
As
of
March
19,
2001,
the
Bahamas
Operations
were
still
in
the
construction
phase. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Consolidated
Water
Co.
provides
water
distribution
and
sewage
disposal
services.
The
company
also
supplies
potable
water
to
RAV
Bahamas
Ltd.
For
the
six
months
ended
6/30/01,
revenues
increased
19%
to
$5.9
million.
Net
income
increased
12%
to
$1.7
million.
Revenues
benefitted
from
the
addition
of
Belize
Water
operation
and
higher
water
production
capacity.
Earnings
were
partially
offset
by
additional
audit,
legal
and
professional
fees. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Jeffrey Parker, 55 | Chairman,
CEO | Frederick McTaggart, 37 | Pres,
COO, Director | J. Bruce Bugg, Jr., 45 | Vice
Chairman | Alexander Bodden, 36 | VP-Fin.,
Sec. | Gregory McTaggart, 36 | VP-Operations |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|