15 11, 2023

JSE reports 34% decline in nine months net profit

2023-11-15T14:03:59-05:00

November 15, 2023 Jamaica Stock Exchange Limited (JSE) for the nine months ended September 30, 2023, reported a 4% decrease in total income totaling $1.65 billion compared to $1.71 billion in the corresponding period last year. Total income for the third quarter had a 11% decrease to close at $514.36 million compared to $579.15 million

JSE reports 34% decline in nine months net profit2023-11-15T14:03:59-05:00
15 11, 2023

JMMBGL reports six months net profit attributable shareholders of $1.81 billion

2023-11-15T13:58:29-05:00

November 15, 2023 JMMB Group Limited (JMMBGL) for the six months ended September 30, 2023, reported a 18% increase in Interest income totaling $19.53 billion compared to $16.50 billion in the corresponding period last year. Interest income for the second quarter had a 12% increase to close at $9.68 billion compared to $8.66 billion for

JMMBGL reports six months net profit attributable shareholders of $1.81 billion2023-11-15T13:58:29-05:00
15 11, 2023

CHL reports 12% increase in year-end net profit

2023-12-28T16:31:05-05:00

December 28, 2023   Cargo Handlers Limited (CHL) for the year ended September 30, 2023, reported a 9% increase in revenue totalling $514.78 million compared to $472.34 million in the corresponding period last year. Revenue for the fourth quarter had a 1% increase to close at $120.18 million compared to $118.67 million for the comparable

CHL reports 12% increase in year-end net profit2023-12-28T16:31:05-05:00
15 11, 2023

US PPI for final demand declined 0.5% in October 2023

2023-11-15T13:19:00-05:00

November 15, 2023 The U.S. Bureau of Labor Statistics released data indicating a 0.5 percent decline in the Producer Price Index (PPI) for final demand in October, following a 0.4 percent increase in September. This marks the most significant decrease in final demand prices since April 2020, reflecting a seasonally adjusted pattern. On an unadjusted

US PPI for final demand declined 0.5% in October 20232023-11-15T13:19:00-05:00
15 11, 2023

BRG reports nine months net loss of $228.71 million

2023-11-15T13:05:23-05:00

November 15, 2023 Berger Paints Jamaica Limited (BRG) for the nine months ended September 30, 2023, reported a 2% increase in Turnover totaling $2.23 billion compared to $2.18 billion in the corresponding period last year. Turnover for the third quarter experienced a 3% decrease to close at $768.13 million compared to $789.25 million for the

BRG reports nine months net loss of $228.71 million2023-11-15T13:05:23-05:00
15 11, 2023

PULS reports 14% decline in first quarter net profit

2023-11-15T12:00:26-05:00

November 15, 2023 Pulse Investments Limited (PULS) for the first quarter ended September 30, 2023, reported a 7% increase in operating revenue totalling $275.31 million compared to $257.59 million in the corresponding three months last year. Administrative and other expenses amounted to $63.05 million (2022: $77.49 million), this represents a decrease of 19% year over

PULS reports 14% decline in first quarter net profit2023-11-15T12:00:26-05:00
15 11, 2023

SELECTF reports nine months net loss of $534.85 million

2023-11-15T11:57:53-05:00

November 15, 2023 Sagicor Select Funds Limited (SELECTF) for the nine months ended September 30, 2023, reported a 38% increase in Interest Income totaling $1.12 million compared to $811,000 in the corresponding period last year. Interest Income for the third quarter had a 98% increase to close at $688,000 compared to $347,000 for the comparable

SELECTF reports nine months net loss of $534.85 million2023-11-15T11:57:53-05:00
15 11, 2023

UK’s inflation rate was 4.6% in October 2023

2023-11-15T10:07:37-05:00

November 15, 2023 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 4.7% in the 12 months to October 2023, down from 6.3% in September. The Consumer Prices Index (CPI) rose by 4.6%, down from 6.7% in September. On a monthly basis, CPIH rose

UK’s inflation rate was 4.6% in October 20232023-11-15T10:07:37-05:00
15 11, 2023

FTNA reports 30% decrease in first quarter net profit

2023-11-15T09:08:24-05:00

November 15, 2023 Fontana Limited (FTNA) Unaudited financials for the first quarter ended September 30, 2023: Fontana Limited (FTNA) for the first quarter ended September 30, 2023 reported a 8% increase in revenues totalling $1.78 billion compared to $1.64 billion in the corresponding three months last year. FTNA noted, “We saw increased revenues in all

FTNA reports 30% decrease in first quarter net profit2023-11-15T09:08:24-05:00
15 11, 2023

Overseas Headlines – November 15, 2023

2023-11-15T09:01:35-05:00

November 15, 2023   United States: US Producer Prices Decline by Most Since April 2020 on Gasoline Prices paid to US producers unexpectedly declined in October by the most since April 2020, adding to evidence of abating inflationary pressures across the economy. The producer price index for final demand decreased 0.5% from a month earlier,

Overseas Headlines – November 15, 20232023-11-15T09:01:35-05:00