Trade Sheet: Monday March 20, 2023
Joel Thomas2023-03-20T15:17:32-05:00
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03, 2023
LAB reports 90% decline in first quarter net profit
Joel Thomas2023-03-20T12:36:07-05:00March 20, 2023 The Limners and Bards Limited (LAB), for the first quarter ended January 31, 2023, reported a 44% decrease in operating revenues to $247.76 million, down from $443.48 million booked in 2022. Cost of operating revenue declined by 48% for the period to $155.75 million (2022: $300.60 million). Consequently, gross profit for the
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03, 2023
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03, 2023
DOLLA reports 116% increase in year end net profit
Joel Thomas2023-03-16T16:31:00-05:00March 16, 2023 Dolla Financial Services Limited (DOLLA) for the year ended December 31, 2022, reported a 95% increase in Interest income to $739.74 million (2021: $379.05 million). For the fourth quarter (Q4), interest income closed at $264.52 million (2021: $202.74 million). Net Interest income for the period rose 103% year over year to $660.91
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03, 2023
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03, 2023
BPOW reports 86% decrease in nine months net profit attributable
Joel Thomas2023-03-14T11:19:29-05:00March 14, 2023 BPOW for the nine months ended January 31, 2023 revenues rose by 83% to $633.39 million relative to $346.52 million recorded in 2022. For the third quarter, revenue grew 43% from $135.42 million in 2022 to $193.72 million in 2023. Management highlighted, “We experienced revenue growth in all our main product categories
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03, 2023
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03, 2023
SGJ reports 173% increase in three months net profit
Joel Thomas2023-03-10T16:17:01-05:00March 10, 2023 For the three months ended January 31, 2023, Scotia Group Jamaica Limited’s (SGJ) net interest income rose 40% amounting to $9.24 billion, relative to $6.61 billion for the corresponding period in 2022, while interest expenses declined by 10% to total $130.56 million (2022: $145.19 million). The company reported an expected credit loss