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AML Foods Limited announces change of fiscal year end
By Renea Knowles
May 15, 2015 - 1:20:06 AM

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Nassau, Bahamas - AML Foods Limited announced today that it will change its fiscal year end from January 31 to April 30. This change will be effective 2016 which will result in an extended year (15 months) for the 2015 fiscal year.

Mr. Gavin Watchorn, CEO and Group President of AML Foods Limited noted that, “Currently we perform our planning during the very busy 4th quarter. This change will enable our senior management to focus exclusively on our operations during this traditionally busy period, and shift our planning process to a period that will allow for better planning and assessment for its Operations and Finance teams”.

About AML Foods Limited: AML Foods Limited was incorporated in 1989 in The Bahamas and is listed on the Bahamas International Securities Exchange. The Company and its subsidiaries are primarily engaged in the operations of retail and club stores offering dry and perishable food items and other consumer products, and the operation of a food franchise business. AML Foods Limited Food Distribution includes its retail division - Solomon’s SuperCenter Nassau, Solomon’s Freeport and Solomon’s Fresh Market – and its club division - Cost Right Nassau and Cost Right Freeport; the Company’s Franchise Division currently consists of eleven Domino’s Pizza locations in Nassau and Freeport. The registered office of the Company is at One Millars Court, off Shirley Street, Nassau, New Providence, Bahamas and the corporate office is at Town Centre Mall, Upper Level, Blue Hill Road, Nassau, New Providence, Bahamas, Tel: 242.677.7200.

About this report: This report may include “forward-looking statements.” While AML Foods Limited believes that the expectations reflected in such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Important factors that could cause actual results to differ materially from AML Foods’ expectations include external economic conditions, changes in the marketplace, changes in interest rates and operating costs and other unforeseen events or conditions that affect the Group’s performance.

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