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Last $6.05 USD
Change Today 0.00 / 0.00%
Volume 0.0
ASXXF On Other Exchanges
As of 4:30 PM 10/30/14 All times are local (Market data is delayed by at least 15 minutes).

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ascendant group ltd (ASXXF) Details

Ascendant Group Limited, through its subsidiaries, provides energy and infrastructure solutions. It offers electric utility services to residential and commercial customers in Bermuda. The company is also involved in the sale and service of heating, ventilation, and air conditioning systems; provision of air quality monitoring, building automation and energy management, commercial plumbing, fire protection, and commercial refrigeration services; and distribution of propane gas, appliances, and parts, as well as offers repair and maintenance services. The company also provides engineering procurement, contracting, and consulting services; electrical, mechanical, and facilities maintenance and management services; renewable energy systems and solutions in residential and commercial markets; and property management services. Ascendant Group Limited was founded in 1904 and is headquartered in Pembroke, Bermuda.

454 Employees
Last Reported Date: 04/14/14
Founded in 1904

ascendant group ltd (ASXXF) Top Compensated Officers

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ascendant group ltd (ASXXF) Key Developments

Ascendant Group Limited Appoints Mark Takahashi as Senior Vice President and Chief Financial Officer

Ascendant Group Limited announced the appointment of Mr. Mark Takahashi as Senior Vice President & Chief Financial Officer of the company with immediate effect. He joins the company from CLP Holdings Limited, Hong Kong, where he served as group director and CFO.

Ascendant Group Limited Announces Consolidated Earnings Results for the Six Months Ended June 30, 2014

Ascendant Group Limited announced consolidated earnings results for the six months ended June 30, 2014. For the period, the company's net earnings decreased $640,688, or 35.2%, to $1.2 million, or $0.09 per share, versus $1.8 million, or $0.13 per share, for the same period in 2013. Although earnings improved at both Bermuda Gas & Utility Company Limited and AG Holdings Limited, as compared to the prior year, these results were offset by increased expenses incurred by the holding company and decreased operating results at Bermuda Electric Light Company Limited (BELCO), due to lower electricity sales and higher operating costs.

Ascendant Group Ltd. Announces Resignation of Christopher A. Coelho as Senior Vice President & Chief Financial Officer

Ascendant Group Ltd. announced that Senior Vice President & Chief Financial Officer Christopher A. Coelho, C.A., has tendered his resignation, effective 31 August, 2014. Mr. Coelho will serve as an advisor to the company on regulatory matters until 31 December, 2014.


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