February 14, 2022 JMMB Group Limited (JMMBGL) for the nine months ended December 31, 2021 recorded net interest income of $8.98 billion, an 18% increase when compared with $7.58 billion recorded for the corresponding period in 2020. Interest expenses increased 26% to total $11.68 billion relative to the $9.24 billion recorded for the same period in 2020. Net
February 14, 2022 Figures are quoted in United States dollars (except where it is indicated otherwise): Transjamaican Highway Limited (TJH), for the year ended December 31, 2021, reported a 16% increase in revenue to US$52.76 million relative to US$45.38 million in the corresponding period last year. Revenue for the fourth quarter amounted to US$15.29 million
February 11, 2022 The Consumer Price Index for All Urban Consumers (CPI-U) climbed 0.6 percent on a seasonally adjusted basis in January, according to the U.S. Bureau of Labor Statistics. Before seasonal adjustment, the all items index gained 7.5 percent over the previous 12 months. Food, electricity, and shelter index increases were the major contributors
February 10, 2022 United States: U.S. Inflation Charges Higher With Larger-Than-Forecast Gain “U.S. consumer prices surged in January by more than expected, sending the annual inflation rate to a fresh four-decade high and adding more urgency to the Federal Reserve’s plans to start raising interest rates.” https://www.bloomberg.com/news/articles/2022-02-10/u-s-inflation-charges-higher-with-larger-than-forecast-gain?srnd=premium Europe: A £3 Billion Loss at the
February 9, 2022 Figures are quoted in United States dollars (except where it is indicated otherwise): Caribbean Producers Jamaica Limited (CPJ) for the six months ended December 31, 2021, revenues rose 138% from $24.39 million in 2020 to close the period under review at $58.08 million. For the second quarter, the company also posted a 120% increase in
February 9, 2022 Sales After adjusting for seasonal variations and trading day variances but not for pricing adjustments, December 2021 merchant wholesaler sales were $634.6 billion, up 0.2% (±0.4%)* from the revised November level and up 21.8% (±1.9%) from the revised December 2020 level. The percent change from October 2021 to November 2021 was updated
February 09, 2022 The Goods and Services Deficit Increased $182.4 billion Year to Year. The United States Census Bureau and the United States Bureau of Economic Analysis stated that the December goods and services deficit was $80.7 billion, up $1.4 billion from the revised $79.3 billion in November. December exports totaled $228.1 billion, an increase
February 04, 2022 The total nonfarm payroll employment increased by 467,000 in January, but the unemployment rate remained stable at 4.0 percent, according to the US Bureau of Labor Statistics. Employment growth in leisure and hospitality, professional and business services, retail trade, and transportation and warehousing. This news release summarizes data from two monthly polls.
February 04, 2022 Dennis Cohen, Group Chief Financial Officer and Deputy Chief Executive Officer, highlighted the financial performance of the NCB Financial Group. Net operating revenues was up 8% year over year for the FY2021 to $121.11 billion from $108.83 billion in 2020. Net profit for FY2021 totalled $20.08 billion, a decrease of 25% compared to $26.88
February 04, 2022 For three months ended December 31, 2021, NCB Financial Group Limited (NCBFG) net interest income increased by 18%, relative to 2020, to total $16.28 billion (2020: $13.82 billion). Interest income for the first three months closed at $22.11 billion, 6% above the $20.84 billion reported corresponding period ended December 31, 2020. Interest expense year over year rose
