Trade Sheet: Wednesday June 21, 2023
Joel Thomas2023-06-21T14:38:38-05:00
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JETCON reports year end net profit of $24.76 million
Joel Thomas2023-06-21T11:40:19-05:00June 21, 2023 Jetcon Corporation Limited (JETCON), for the twelve months ended December 31, 2022, reported a 19% increase in turnover for the twelve months to $1.03 billion (2021: $869.59 million), while for the fourth quarter revenues declined by 14% to $225.00 million in 2022 from $262.65 million in 2021. Cost of sales also increased by 19%
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IronRock reports first quarter net loss of $11.63 million
Joel Thomas2023-06-20T10:30:48-05:00June 20, 2023 Ironrock Insurance Company Limited (ROC) reported for the three months ended March 31, 2023, a 35% increase in insurance revenue totaling $310.41 million compared to $230.34 million in the corresponding period last year. Reinsurance contract expenses amounted to $171.62 million (2022: $106.08 million); this represents an increase of 62% year over year.
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LAB reports 84% decline in six months net profit
Joel Thomas2023-06-15T15:27:04-05:00June 15, 2023 The Limners and Bards Limited (LAB) for the six months ended April 30, 2023, reported a 31% decrease in revenue totaling $539.15 million compared to $781.70 million in the corresponding period last year. Revenue for the second quarter had a 14% decrease to close at $291.39 million compared to $338.22 million for
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06, 2023
Fed holds off on rate hike
Joel Thomas2023-06-14T16:31:03-05:00June 14, 2023 Fed holds off on rate hike Recent data points to a continuation of moderate growth in economic activity. Recent months have seen brisk job growth, and the unemployment rate has stayed consistently low. Still, inflation is rather high. The financial system in the United States is stable and secure. Reduced access to
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