April 1, 2022 Eppley Limited for the year ended December 31, 2021 reported interest income of $386.56 million a 16% or $53.65 million increase when compared to the $332.91 million recorded for the corresponding period in 2020. Total interest income for the quarter amounted to $97.96 million a 15% increase when compared to the $85.24
March 24, 2022 Guardian Holding Limited (GHL), for the year ended December 31, 2021, reported Insurance premium income of TT$7.01 billion, 9% higher than the TT$6.45 billion reported for 2020. As a result, Insurance premium ceded to reinsurers increased by 11% to TT$2.34 billion from TT$2.10 billion for the year ended December 31, 2020. Underwriting expenses amounted to TT$4.08
February 28, 2022 According to Bureau of Economic Analysis, personal income grew $9.0 billion (less than 0.1 percent) in January 2022. Personal consumption expenditures (PCE) climbed $337.2 billion, while disposable personal income (DPI) increased $19.8 billion (0.1 percent). In January, the real DPI fell 0.5 percent, while the real PCE rose 1.5 percent, with goods
February 22, 2022 In T&T dollars (except where it is indicated otherwise): Massy Holdings Limited (MASSY) posted revenue of $3.23 billion, an 8% increase when compared to $2.98 billion reported for the comparable period in 2020. Operating profit after finance costs increased by 7% to $262.81 million (2020: $244.69 million). Share of profit of associates
February 21, 2022 Advance Estimates of U.S. Retail and Food Services Advance estimates of January 2022 retail and food services sales in the United States, adjusted for seasonal variation, holiday and trading-day differences, but not for price changes, were $649.8 billion, a 3.8 percent (± 0.5 percent) increase from the previous month and a 13.0
February 18, 2022 BANK OF JAMAICA REDUCES MONETARY ACCOMMODATION Bank of Jamaica (BOJ) announces its decision to increase the policy interest rate (the rate offered to deposit-taking institutions on overnight placements with BOJ) by 150 basis points to 4.00 per cent per annum, effective 21 February 2022. The Bank also decided to pursue stronger measures
February 16, 2022 The seasonally adjusted Producer Price Index for final demand jumped 1.0 percent in January, according to the US Bureau of Labor Statistics. This increase comes after gains of 0.4 percent in December 2021 and 0.9 percent in November 2021. Final demand prices increased 9.7% in the year ended January 2022 on an
February 15, 2022 Expressed in Barbados dollars Eppley Caribbean Property Fund Limited (CPFV), for the three months ended December 31, 2021 reported net rental income of $1.10 million (2020: $936,220), a 17% increase year over year. In addition, share of profit of investments accounted for using the equity method decreased from $417,430 in 2020 to $566,122
February 14, 2022 Carreras Limited, for the nine months ended December 31, 2021, reported Operating Revenue of $11.72 billion, a 15% increase relative to $10.16 billion booked in 2021. Revenue for the quarter closed at $4.53 billion, compared to $4 billion reported for the second quarter of 2020. Cost of Operating Revenue rose year over year by
February 14, 2022 In United States dollars (except where it is indicated otherwise) Proven Investments Limited (PROVEN) for the nine months ended December 31, 2021 reported interest income of $8.37 million, a 2% decrease when compared with the $8.54 million reported for the same period in 2020. Interest expense for the period amounted to $5.43 million, a 14% decrease when
