CAC 2000 says it is looking at investment opportunities across the Caribbean in order to reduce its dependence on the local market.
The company, which is involved in the air conditioning and energy solutions industry, says it is exploring regional expansion as part of its five-point strategy to improve operations, tap into new markets and revenue streams as well as to build resilience against local economic shocks.
The company, however, says no specific Caribbean territory has been earmarked for investment yet.
The strategy comes against the background of a net loss of $56.1 million during the six month period ended April 30 of this year compared with a net loss of $53 million during the same period of the previous year.
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