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Focol Holdings Limited (Bahamas)

Main Activities: Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
Full name: Focol Holdings Limited Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Spanish Download a sample report

The Company is an investment management company engaged in the wholesale trade of a wide spectrum of petroleum products, including oil, LPG, jet fuels, and lubricants.
The Company through its wholly-owned subsidiaries, is involve in marketing and operating several service stations and supplying petroleum products.
The Group operates through its wholly-owned subsidiaries and investment in associate as follows:
- Freeport Oil Company Limited (“FOCOL”), an exclusive supplier of petroleum products in Freeport, Grand Bahama;
- Grand Sun Investments Limited (“Grand Sun”), an operator of several service stations in the Freeport, Grand Bahama area;
- Grand Bahama Terminals Limited, an operator of storage facilities in Lewis Yard, Grand Bahama;
- GAL Terminal Limited, an operator of service stations in Eight Mile Rock and Lewis Yard, Grand Bahama;
- Convenience Retailing Limited, a land-owning entity and an operator of several service stations in New Providence;
- Sun Services Limited;
- O.R. Services Limited;
- Freeport Oil Holdings Investments Limited (“FOHIL”) and its wholly-owned subsidiaries, Sun Oil Limited (“Sun Oil”), a wholesaler of fuel and related products operating in The Bahamas, Sun Oil Turks and Caicos Limited (“Sun Oil – TCI”), a wholesaler of fuel and related products operating in the Turks and Caicos Islands and Sun Brokerage Co., Ltd, a brokerage company operating in The Bahamas. Sun Oil also operates through its 60
voting interest in BTCI Tankers Limited (“BTCI”) (an associate), a company engaged in shipping petroleum products throughout The Bahamas and Turks and Caicos Islands;
- Sun Oil Aviation Limited, a partner in a Joint Operation which conducts fuel supply operations at the Lynden Pindling International Airport (“LPIA”);
- Sun Marine Limited, a company to develop marine shipping business at a later date;
- Boulevard Services Limited (“Boulevard”), an operator of a service station in Freeport, Grand Bahama;
- Bahamas Utilities Company Limited (formerly Sun Utilities Company Limited), acompany developed to supply generators for energy production and to provide renewable energy solutions;
- Atlantic International Supply Trading Limited (“AIST”), a wholesaler of petroleum products; and
- Atlantic International Supply Trading Limited (“AIST-TCI”), a wholesaler of petroleum products.
HISTORY
1981 The Company is incorporated under the laws of The Commonwealth of The Bahamas as Freeport Oil Holdings Company Limited on July 8, 1981.
2000 The Company is listed in BISX on May 11, 2000.
2005 The name of the Company was changed from Freeport Oil Holdings Company Limited to Focol Holdings Limited on December 7, 2005.

Headquarters
Queens Highway, P.O. Box F-42458, Grand Bahama
Freeport City; Grand Bahama; Postal Code: 42458

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Website: http://www.focol.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1981
Key Executives
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Chairman
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President
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Subsidiaries
Debride, Inc. (United States)
Company Performance
Financial values in the chart are available after Focol Holdings Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BSD. Absolute financial data is included in the purchased report.
Net sales revenue
9.39%
Total operating revenue
9.04%
Operating profit (EBIT)
25.69%
EBITDA
19.59%
Net Profit (Loss) for the Period
29.45%
Total assets
8.72%
Total equity
4.96%
Operating Profit Margin (ROS)
0.91%
Net Profit Margin
0.98%
Return on Equity (ROE)
1.91%
Debt to Equity Ratio
1.83%
Quick Ratio
-0.01%
Cash Ratio
0.06%

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