17 08, 2021

SELECTF reports six months net profit of $18.24 million

2021-08-17T15:14:57-05:00

August 17, 2021 Sagicor Select Fund Financial (SELECTF) for the six months ended June 30, 2021 reported dividend income of $38.49 million (2020: $38.35 million). Interest income closed the six months period at $536,000 and relative to $562,000, last year. Gain on sale of financial assets at fair value through profit or loss amounted to $341,000

SELECTF reports six months net profit of $18.24 million2021-08-17T15:14:57-05:00
17 08, 2021

iCreate reports 44% increase in six months net profit

2021-08-17T12:41:56-05:00

August 17, 2021 iCreate Limited (ICREATE) for the six months ended June 30, 2021 reported revenues of $23.86 million, 39% down from $39.27 million reported a year ago. For the quarter, ICREATE posted revenue of $15.44 million (2020: $14.76 million). Management noted, “ The uptick in revenues, for the June 20, concluded second quarter, was driven by

iCreate reports 44% increase in six months net profit2021-08-17T12:41:56-05:00
17 08, 2021

1834 reports first quarter net profit of $14.85 million

2021-08-17T12:37:51-05:00

August 17, 2021 Revenue for the first quarter of the 2021 financial year increased by 39% to $7.40 million (2020: $5.33 million). Other operating income decreased in the first quarter of 2021 to $11.52 million, this compares to $24.35 million for prior year’s period, representing a decrease of 53% year over year. As a result,

1834 reports first quarter net profit of $14.85 million2021-08-17T12:37:51-05:00
17 08, 2021

SELECTMD reports six months net profit of $958.46 million

2021-08-17T12:12:10-05:00

August 17, 2021 Sagicor Select Fund Manufacturing & Distribution (SELECTMD) for the six months ended June 30, 2021 reported dividend income of $41.80 million (2020: $31.28 million). Interest income closed the six months period at $890,000 and relative to $1.12 million, last year. Gain on sale of financial assets at fair value through profit or

SELECTMD reports six months net profit of $958.46 million2021-08-17T12:12:10-05:00
17 08, 2021

PAL reports year end net loss attributable to shareholders of $383.01 million

2021-12-02T10:38:39-05:00

December 2, 2021 Palace Amusement Company’s (PAL) for the year ended June 30, 2021, reported total revenues of $105.77 million, an 89% decrease when compared with the $919.84 million recorded for the corresponding period in 2020. The total revenue for the quarter decreased 48% to total $10.77 million relative to the $20.67 million recorded for

PAL reports year end net loss attributable to shareholders of $383.01 million2021-12-02T10:38:39-05:00
17 08, 2021

EPLY reports 2% increase in six months net profit

2021-08-17T09:31:14-05:00

August 17, 2021 Eppley Limited (EPLY), for the six months ended June 30, 2021 reported Interest Income for the period at $177.54 million from $168.98 million the previous year, a 5% increase. While for the second quarter interest income amounted to $106.15 million relative to $77.69 million in 2020. Interest Expenses amounted to $122.09 million,

EPLY reports 2% increase in six months net profit2021-08-17T09:31:14-05:00
17 08, 2021

Overseas Headlines – August 17, 2021

2021-08-17T08:54:52-05:00

United States: Drop in U.S. Retail Sales Underscores Shift to Services Spending “U.S. retail sales fell in July by more than forecast, reflecting a steady shift in spending toward services and indicating consumers may be growing more price conscious as inflation picks up. The value of overall retail purchases dropped 1.1% last month following an

Overseas Headlines – August 17, 20212021-08-17T08:54:52-05:00
16 08, 2021

SJ reports six months net profit attributable to shareholders of $4.85 billion

2021-08-16T19:56:26-05:00

August 16, 2021 Sagicor Group Jamaica Limited (SJ), for the six months ended June 30, 2021, reported that Total Revenues increased by 24% to $48.20 billion from $38.85 billion in 2020, while for the second quarter, Total Revenues rose 14% to total $25.07 billion compared to $22.04 billion in 2020. Total revenue year to date

SJ reports six months net profit attributable to shareholders of $4.85 billion2021-08-16T19:56:26-05:00
16 08, 2021

CPFV reports six months net profit attributable to shareholders of BB$2.64 million

2021-08-16T19:16:49-05:00

August 16, 2021  Reported in Barbados Dollars unless otherwise indicated: Eppley Caribbean Property Fund Limited (CPFV), for the nine months ended June 30, 2021 reported net rental income of $2.98 million (2020: $2.15 million), a 38% increase year over year. In addition, share of profit of investments accounted for using the equity method decreased from $1.17 million in 2020 to

CPFV reports six months net profit attributable to shareholders of BB$2.64 million2021-08-16T19:16:49-05:00
16 08, 2021

GENAC reports 55% increase in six months net profit

2021-08-16T19:13:20-05:00

August 16, 2021 GENAC for the six months ended June 30, 2021, reported Gross premium written of $7.64 billion, 23% higher than the $6.21 billion reported for 2020. Reinsurance ceded rose 24% to close at $6.01 billion relative to $4.84 billion booked in 2020. Excess of loss reinsurance trended upwards by 31% to $103.06 million (2020:

GENAC reports 55% increase in six months net profit2021-08-16T19:13:20-05:00