16 05, 2024

Overseas Headlines – May 16, 2024

2024-05-16T08:51:26-05:00

May 16, 2024 United States: Fed's Williams Sees No Current Reason to Change Stance of Policy Federal Reserve Bank of New York President John Williams said the latest US inflation data confirm price pressures are gradually easing but he still needs more evidence to adjust interest rates. “I don’t see any indicators now telling me,

Overseas Headlines – May 16, 20242024-05-16T08:51:26-05:00
15 05, 2024

CFF reports a Q1 net profit of $12.43 million

2024-05-15T18:22:41-05:00

March 1, 2024   Caribbean Flavours and Fragrances Limited (CFF) Unaudited financials for the first quarter ended March 31, 2024:   Caribbean Flavours and Fragrances Limited (CFF), for the first quarter of March 31, 2024, reported a 12% decrease in revenue totaling $187.56 million compared to $212.83 million in the following three months last year.

CFF reports a Q1 net profit of $12.43 million2024-05-15T18:22:41-05:00
15 05, 2024

KPREIT reports 13% increase in three months net profit

2024-05-15T18:09:15-05:00

May 15, 2024 Kingston Properties Limited (KPREIT) for the first quarter ended March 31, 2024, reported a 29% increase in total operating revenues totalling US$1.11 million compared to US$859,924 in the corresponding three months last year. Operating Expenses amounted to US$389,089 (2023: US$335,006), this represents an increase of 16% year over year. Consequently, results of

KPREIT reports 13% increase in three months net profit2024-05-15T18:09:15-05:00
15 05, 2024

CABROKERS reports 81% decrease in three months net profit

2024-05-15T18:00:32-05:00

May 15, 2024 CABrokers Limited (CABROKERS) Unaudited financials for the first quarter ended March 31, 2024: CABrokers Limited (CABROKERS) for the first quarter ended March 31, 2024, reported an 18% increase in revenue totalling $119.88 million compared to $101.86 million in the corresponding three months last year. Other Operating Income amounted to $11.26 million (2023:

CABROKERS reports 81% decrease in three months net profit2024-05-15T18:00:32-05:00
15 05, 2024

XFUND reports 7% decrease in Q1 net profit

2024-05-15T17:57:56-05:00

May 15, 2024 Sagicor Real Estate X Fund LTD (XFUND) for the first quarter ended March 31, 2024, reported a 6% increase in total revenue totalling $2.22 billion compared to $2.09 billion in the corresponding three months last year. Net capital losses on financial assets and liabilities amounted to $100.61 million (2023: $51.72 million), this

XFUND reports 7% decrease in Q1 net profit2024-05-15T17:57:56-05:00
15 05, 2024

FIRSTROCKJMD reports Q1 net loss of US160,457

2024-05-15T17:48:40-05:00

May 15, 2024 First Rock Real Estate Investments Limited(FIRSTROCKJMD) Unaudited financials for the first quarter ended March 31, 2024: First Rock Real Estate Investments Limited (FIRSTROCKJMD) for the first quarter ended March 31, 2024, reported a 70% increase in property income totalling US$1.63 million compared to US$955,635 in the corresponding three months last year. Rental

FIRSTROCKJMD reports Q1 net loss of US160,4572024-05-15T17:48:40-05:00
15 05, 2024

JFP reports first quarter net profit of $3.81 million

2024-05-15T16:59:18-05:00

May 15, 2024 JFP Limited (JFP) for the first quarter ended March 31, 2024, reported an 111% increase in revenue totalling $159.82 million compared to $75.77 million in the corresponding three months last year. Cost of Sales amounted to $97.96 million (2023: $33.39 million), this represents an increase of 193% year over year. Consequently, gross

JFP reports first quarter net profit of $3.81 million2024-05-15T16:59:18-05:00
15 05, 2024

HONBUN reports 28% increase in six-month net profit

2024-05-15T16:26:43-05:00

May 15, 2024 Honey Bun Limited (HONBUN) for the six months ended March 31, 2024, reported a 14% increase in Revenue totaling $1.94 billion compared to $1.70 billion in the corresponding period last year. Revenue for the second quarter had a 13% increase to close at $994.64 million compared to $878.24 million for the comparable

HONBUN reports 28% increase in six-month net profit2024-05-15T16:26:43-05:00
15 05, 2024

DCOVE reports 12% decline in first quarter net profit

2024-05-15T16:23:45-05:00

May 15, 2024 Expressed in United States dollars unless otherwise stated: Dolphin Cove Limited (DCOVE) for the first quarter ended March 31, 2024, reported a 1% increase in total revenue totalling $4.90 million compared to $4.85 million in the corresponding three months last year. Management noted that revenue generation for the quarter was hindered by

DCOVE reports 12% decline in first quarter net profit2024-05-15T16:23:45-05:00
15 05, 2024

FTNA reports 11% decrease in nine months net profit

2024-05-15T16:00:06-05:00

May 15, 2024 Fontana Limited (FTNA) for the nine months ended March 31, 2024, reported a 10% increase in Revenues totalling $6.07 billion compared to $5.50 billion in the corresponding period last year. Revenues for the third quarter had a 13% increase to close at $1.94 billion compared to $1.72 billion for the comparable quarter

FTNA reports 11% decrease in nine months net profit2024-05-15T16:00:06-05:00