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So far Rachel Kirlew has created 517 blog entries.
5 12, 2019

SGJ reports 3% increase in year end profit attributable to shareholders


Date: December 5, 2019 For the year ended October 31 ,2018 Scotia Group Jamaica Limited’s (SGJ) net interest income marginally declined amounting to $25.12 billion, relative to $25.21 billion for the corresponding period in 2018, while interest expenses declined by 19% to total $2.61 billion (2018:$3.20 billion). Interest income for the year decreased from $28.41 billion

14 11, 2019

WIG reports 83% increase in Six Months Net Profit


Date: November 14, 2019 Wigton Windfarm Limited, for the six months ended September 30, 2019, reported sales of $1.47 billion, a 2% decline on the $1.49 billion reported in the prior year. Revenue for the quarter declined 10% to $632.34 million (2018: $705.64 million). WIG noted that, “the decrease in revenue was directly related to

12 11, 2019

KW reports 29% increase in nine months net profits attributable to shareholders


Date: November 12, 2019  For the nine months ended September 30, 2019, Kingston Wharves’ revenue totaled $5.72 billion a 9% increase when compared to $5.26 billion for the corresponding period of the prior year, while revenue for the second quarter grew 3% to $1.92 billion (2018: $1.87 billion). This as both the company’s ‘Terminal Operations’ and

11 11, 2019

FOSRICH reports 3% increase in nine months net profit


Date: November 11, 2019 Fosrich Company Limited (FOSRICH) for the nine months ended September 30, 2019 turnover grew 25% year on year, to close the period at $1.19 billion compared to the $945.89 million for the same period last year. For the third quarter, the company posted an increase of 24% in revenues to close

8 11, 2019

NCBFG reports 7% increase in year end net profits


Date: December 2, 2019 NCB Financial Group Limited (NCBFG) for the year ended September 30, 2019 Net Interest Income increased by 27%, relative to 2018, to total $44.60 billion (2018: $35.14 billion). Management noted, “the growth in our Jamaican loan portfolio accounted for just under half of the increase despite lower interest rates; while the

7 11, 2019

Net International Reserves- October 2019


Date: November 7, 2019 Net International Reserves- October 2019 Jamaica’s Net International Reserves (NIR) totaled US$3,169.57 million as at October 2019, reflecting an increase of US$71.52 million relative to the US$3,098.05 million reported as at the end of September 2019 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$74.93

1 11, 2019

AFS reports 29% decline in six months net profits


November 1, 2019. Access Financial Services Limited (AFS) for the six months ended September 30, 2019 reported $830.75 million in total interest income, a 6% increase relative to the $787.27 million recorded in 2018. Of this, interest income from loans amounted to $830.07 million (2018: $784.71 million), while interest income from securities totalled $686,000 (2018:$

1 11, 2019

SVL reports 16% increase in nine months net profit


November 1, 2019 Supreme Ventures Limited (SVL), for the nine months ended September 30, 2019, reported a 16% increase in ‘Total Gaming Revenue’ from $24.25 billion in 2018 to $28.06 billion in 2019. For the quarter, ‘Total Gaming Revenue’ closed at $9.45 billion (2018: $8.13 billion). “Lotteries, PINs, Sports Betting and Horseracing recorded double digit

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