Basseterre, St. Kitts – November 6, 2025 – The St. Kitts Nevis Anguilla Trading and Development Company Limited (TDC) hosted its 52nd Annual General Meeting (AGM) on Wednesday, November 5, 2025, at the St. Kitts Marriott Resort, under the theme “Building Dreams Securing Futures.”
The meeting brought together shareholders, directors and senior management to receive an overview of the company’s outstanding performance for the financial year ended March 31, 2025.
In his opening remarks, Mr. Earle Kelly, Chairman and Chief Executive Officer (CEO), expressed gratitude to shareholders for their continued support to, and confidence in the company.
Ms. Maritza Bowry, CFO provided a synopsis of the Financial Analysis included in the Annual Report and stated, “this year, we have reached new heights in revenue generation. We surpassed our profitability targets. Today, we celebrate a significant milestone for the TDC Group. We attained the highest profit in our organization’s history. This performance is testament to our resilient strategic planning, operational excellence, and our commitment to delivering value to our shareholders.”
Notably, Profit Before Tax from Continuing Operations reached its highest level at EC$18.675 million for the year compared to EC$15.763 for the previous 14 month period. Over a span of 51 years, the company has distributed EC$78.8 million in dividends including EC$4.68 million for the year under review.
The Shareholders were updated on changes being made to the Company’s governance structure. Upon the retirement of the current Chairman/CEO, Mr. Earle Kelly, on 31 January 2026, the roles of Chairman and CEO will be separated with the appointment of Mr. Wendell Lawrence as Chairman and Mr. Nicolas Menon as CEO.
The meeting concluded with remarks by Mr. Nicolas Menon and Mr. Glenville Jeffers who expressed their heartfelt appreciation, on behalf of the Board and Shareholders, for Mr. Kelly’s years of leadership and yeoman service. This was followed by the presentation of a commemorative plaque recognizing his contributions to the advancement of the company.
In his closing remarks, Mr. Kelly, thanked all stakeholders for their unwavering support.
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