All loans are subject to normal bank lending criteria and final approval from the Bank. The term of the loan must not go beyond re rement age.
Issued by Bank of Valle a p.l.c., 58, Triq San Żakkarija, Il-Belt Valle a VLT 1130. Bank of Valle a p.l.c. is a public limited company regulated
by the MFSA and is licensed to carry out the business of banking in terms of the Banking Act (Cap. 371 of the Laws of Malta). | COM 2411
THE RIGHT ENERGY
SAVINGS CHOICE
BOV Personal Energy Loan
Talk to us | 2131 2020 | bov.com
EERE Malta is co-financed by the Republic of Malta, the European
Union under the European Regional Development Fund.
€1.50
THURSDAY 18 MARCH 2021 • ISSUE 99
WWW.BUSINESSTODAY.COM.MT
PAGE 5 PAGE 3
Editorial PAGE 9
A CLASH OF IDEAS, NOT EGOS PRODUCES BETTER ROADS
PAUL COCKS
GO p.l.c. recorded €20.9 million in
profit before tax in 2020, down from
€22.8 million in 2019, resulting in earn-
ings per share of €0.133 (2019: €0.115).
The group generated revenue of
€185.2 million in 2020, an increase of
4.2% over the €177.8 million generat-
ed in 2019.
In Malta, the demand for fixed tel-
ecommunication services continued
to increase during the pandemic with
more people upgrading to broadband
services with higher speeds.
The latest quarterly review report
published by the Malta Communica-
tions showed GO achieved the highest
net increase in broadband with 58.2%
of total market growth.
GO sees pre-tax profit fall 8.34% in
2020, revenue up 4.2% over 2019
Maltese
businesses
received
€662m in
EU funds
from 2014
to 2020
PAUL COCKS
EU funds during the 2014-2020 pro-
gramming period were estimated to
have contributed €662 million to Mal-
ta's GDP and created 1,920 new jobs
during that seven-year period.
