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So far Joel Thomas has created 266 blog entries.
26 05, 2023

SPURTREE reports 27% increase in year end net profit

2023-05-26T13:11:27-05:00

May 26, 2023 Spur Tree Spices Jamaica Limited (SPURTREE) for the twelve months ended December 31, 2022, reported a 20% increase in sales revenue to $1.03 billion from the $859.72 million reported in 2021. Revenue for the quarter rose 45% to $356.47 million compared to $245.42 million booked for the quarter ended December 31, 2021. Cost of

SPURTREE reports 27% increase in year end net profit2023-05-26T13:11:27-05:00
24 05, 2023

SELECTMD reports three months net loss of $111.18 million

2023-05-24T15:47:10-05:00

May 24, 2023 Sagicor Select Fund Manufacturing & Distribution (SELECTMD) for the three months ended March 31, 2023 reported net investment loss of $104.48 million relative to a income of $264.86 million booked March 31, 2022. SELECTMD noted, “This negative performance is due to economic uncertainty globally and rising interest rates.” This is comprised of: Interest income

SELECTMD reports three months net loss of $111.18 million2023-05-24T15:47:10-05:00
24 05, 2023

JETCON reports first quarter net loss of $1.76 million

2023-05-24T15:42:53-05:00

May 24, 2023 Jetcon Corporation Limited (JETCON) for the three months ended March 31, 2023, reported a 30% fall in turnover to $179.71 million (2022: $255.07 million). Cost of sales also decreased by 28% to $154.11 million (2022: $215.37 million), while gross profit declined 36% to $25.60 million compared to $39.70 million in 2022. Total

JETCON reports first quarter net loss of $1.76 million2023-05-24T15:42:53-05:00
17 05, 2023

XFUND reports first quarter net profit of $138.79 million

2023-05-17T12:57:54-05:00

May 17, 2023 Sagicor Real Estate XFUND Limited (XFUND), for the three months ended March 31, 2023, reported total revenue of $2.09 billion relative to $1.79 billion reported in 2022, a 17% increase year over year. XFUND stated, “The upturn in worldwide travel, for both business and leisure contributed to a $328.43 million increase in

XFUND reports first quarter net profit of $138.79 million2023-05-17T12:57:54-05:00
17 05, 2023

KW posts 2% increase in Q1 net profit

2023-05-17T12:32:38-05:00

May 17, 2023 Kingston Wharves Limited (KW) for the three ended March 31, 2023 reported total revenue of $2.29 billion, a 2% increase relative to the $2.25 billion recorded for the corresponding period in 2022. Gross profit for the quarter remained relatively flat at $1.10 billion as cost of sales grew 4% year over year

KW posts 2% increase in Q1 net profit2023-05-17T12:32:38-05:00