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18 08, 2017

JAMT reports 66% increase in nine months net profit


Jamaica Teas Limited (JAMT) for the 9 months ended June 2017 reported a 26% increase in Revenue to total $1.18 billion (2016: $938.63 million). Revenue for the quarter saw a 35% increase to total 421.01 million relative to 312.72 million 2016. According to the company, “Revenues at our supermarket division amounted to $106 million for the

16 08, 2017

DCOVE posts 7% decrease in six months net profit


Dolphin Cove Limited (DCOVE) for the six months ended June 30, 2017 reported Total Revenue of US$8.66 million, a 6% increase when compared to US$8.20 million booked the year prior. Revenue from dolphin attraction contributed US$4.91 million to total revenue, a 2% increase when compared to the US$4.80 million reported in 2016, while revenues from

16 08, 2017

PURITY reports six months net loss of $8.49 million


Consolidated Bakeries (Jamaica) Limited (PURITY) for the six months ended June 30, 2017 recorded a 5% decline in revenue to $447.60 million from $471.52 million reported for the corresponding period in 2016. For the second quarter the company recorded a revenue of $219.69 million (2016: $210.96 million), representing a 4% growth. Cost of sales for

15 08, 2017

PJAM reports 10% increase in six months net profit


PANJAM Investment Limited (PJAM) for six months ended June 30, 2017 reported an 8% increase in total income from $880.69 million relative to $948.37 million booked for the prior year’s corresponding period. For the quarter total income declined 11% to $446.82 million (2016: $499.43 million).  The year to date growth was due mainly to a 20%

15 08, 2017

KW reports 33% increase in six months net profit


Kingston Wharves Limited for the six months ended  June 30, 2017 booked revenue of $2.94 billion, a 19% increase when compared to $2.47 billion for the same period last year, while revenue for the second quarter grew 22% to $1.55 billion (2016: $1.27 billion). This as both the company’s ‘Terminal Operations’ and ‘Logistics & Ancillary

15 08, 2017

JMMBGL reports 3% increase first quarter net profit


JMMB Group Limited (JMMBGL) for the three months ended June 30, 2017 booked net interest income of $1.91 billion compared to $1.55 billion in 2016, an increase of 24%. This as interest income grew by 9% to close at $3.96 billion, from the $3.62 billion booked in 2016, while interest expenses fell 1% to total

14 08, 2017

CWJ report 11% increase in six months revenue


Cable & Wireless Jamaica Limited (CWJ) for the six months ended June 31, 2017 reported an 11% increase in revenue to $13.21 billion relative to $11.85 billion in 2016. The Managing Director, Stephen Price, attributed the improvement to an, “increase in Mobile revenues by 22% year-on-year on a rebased basis. As more subscribers join our

14 08, 2017

LASM records first quarter revenue of $1.51 billion


Lasco Manufacturing Limited (LASM) for the three month ended June 30, 2017 recorded a decrease of $379.89 million or 13% in total revenue to total $1.51billion, relative to the $1.73 billion recorded for the comparable period in 2016.according to LASM, “revenue was impacted by the phasing down of production during periods of the first two

14 08, 2017

Featured Stock: Jamaican Teas Limited (JAMT)


lease click below to view today’s Featured Stock. Weekly Picks 14.08.17 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly

11 08, 2017

PAL reports 130% increase in year end net profit


The Palace Amusement Company (1921) Limited (PAL) for the year ended June 30, 2017 booked a 9% increase in revenues to $990.14 million (2016: $909.24 million), while for the fourth quarter, an increase of 20% was observed. For the quarter, revenue rose to $299.06 million relative to $249.33 million in 2016. Direct expenses for the

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