17 11, 2020

Overseas Headlines – November 17, 2020

2020-11-17T08:38:18-05:00

United states: Delta Skirts Trump Tariffs by Sending Airbus Jets on Tour “Delta Air Lines Inc. is sidestepping millions of dollars in U.S. tariffs on European jetliners by initially routing them far outside the country to such places as Amsterdam, Tokyo and El Salvador. The U.S. carrier has taken delivery of seven European-built Airbus SE

Overseas Headlines – November 17, 20202020-11-17T08:38:18-05:00
16 11, 2020

PROVEN reports 80% decline in six months net profit attributable to shareholders

2020-11-16T18:57:30-05:00

November 16, 2020 In United States dollars (except where it is indicated otherwise) Proven Investments Limited (PROVEN), for six months ended September 30, 2020 reported interest income of $6 million, a 57% decrease when compared with the $13.81 million reported for the same period in 2019. Interest income for the second quarter amounted to $2.91

PROVEN reports 80% decline in six months net profit attributable to shareholders2020-11-16T18:57:30-05:00
16 11, 2020

CFF reports 22% growth in nine months net profit

2020-11-16T18:55:12-05:00

November 16, 2020 Caribbean Flavours and Fragrances, for the nine months ended September 30, 2020, reported revenues of $451.90 million (2019: $358.44 million). For the quarter, revenue amounted to $141.31  million, an increase of 7%, when compared with the $132.11 million booked last year. CFF noted, “the improvement in this quarter as well as the year to-date sales

CFF reports 22% growth in nine months net profit2020-11-16T18:55:12-05:00
16 11, 2020

Dividend Declaration: Eppley Limited (EPLY)

2020-11-16T18:47:47-05:00

November 16, 2020 Eppley Limited (EPLY) has also declared an ordinary dividend of 3.72 cents ($0.0372) per share payable on December 15, 2020 to shareholders on record as at November 30, 2020. The ex-dividend date is November 27, 2020. DISCLAIMER Analyst Certification -This research report is for information purposes only and should not be construed

Dividend Declaration: Eppley Limited (EPLY)2020-11-16T18:47:47-05:00
16 11, 2020

ISP reports 25% increase in nine months net profit

2020-11-16T18:38:03-05:00

November 16, 2020 ISP Finance Services Limited’s (ISP) total interest income amounted to $263.62 million compared to $275.85 million in 2019, a decrease of 4%. For the quarter, total interest income amounted to $85.84 million (2019: $93.82 million). Of this: ·         Interest income from loans fell by 4% to total $263.62 million relative to $275.85 million reported

ISP reports 25% increase in nine months net profit2020-11-16T18:38:03-05:00
16 11, 2020

GWEST reports six month net loss of $37.06 million

2020-11-16T18:31:05-05:00

November 16, 2020 GWEST Corporation Limited (GWEST), for the six months ended September 2020 reported revenue of $54.83 million, a decrease of 20%, when compared with the $54.83 million booked last year. Revenue for the quarter totalled $30.98 million down 12% year over year (2019: $35.41 million). The company noted, “our reductio in revenue is

GWEST reports six month net loss of $37.06 million2020-11-16T18:31:05-05:00
16 11, 2020

PJAM reports 68% decrease in nine months net profit

2020-11-16T18:30:58-05:00

November 16, 2020 PANJAM Investment Limited (PJAM) for nine months ended September 30, 2020 reported a 75% decrease in total income to $863.77 million relative to $3.50 billion booked for the prior year’s corresponding period. For the quarter, total income decreased 56% to close at $528.03 million (2019: $1.20 billion).  Of total income: Investment loss amounted

PJAM reports 68% decrease in nine months net profit2020-11-16T18:30:58-05:00
16 11, 2020

BIL reports 59% increase in year end net profit

2020-12-24T09:38:54-05:00

November 16, 2020 Net interest income improved 36% to $882.59 million relative to $651 million in 2019. Management noted that, “this largely reflected the continued expansion of our fixed income and credit portfolios as our overall balance grew during the year.” Dividend income fell 72% to total $8.68 million compared to the $30.67 million earned

BIL reports 59% increase in year end net profit2020-12-24T09:38:54-05:00
16 11, 2020

SIL reports 6% decrease in nine months net profit

2020-11-16T18:21:37-05:00

November 16, 2020 Sterling Investments Limited (SIL) reported a 21% growth in total revenue to $170.31 million compared to $140.94 million recorded for the corresponding period in 2019. SIL noted, “this was driven by higher interest income and unrealised FX gains.” Also, “the net interest margin increased to 90.74%. The net interest margin continues to

SIL reports 6% decrease in nine months net profit2020-11-16T18:21:37-05:00
16 11, 2020

EPLY reports 50% increase in nine months net profit

2020-11-16T18:15:33-05:00

November 16, 2020 Eppley Limited (EPLY), for the nine months ended September 30, 2020 reported Interest Income for the period of $247.67 million relative to $269.52 million the previous year, an 8% decrease. While for the third quarter interest income amounted to $78.69 million relative to $89.85 million in 2019. Management noted, “Interest income decreased

EPLY reports 50% increase in nine months net profit2020-11-16T18:15:33-05:00