August 16, 2023 Kingston Properties Limited (KPREIT) for the six months ended June 30, 2023, reported a 7% increase in Total Revenues totaling US$1.73 million compared to US$1.62 million in the corresponding period last year. Total Revenues for the second quarter had a 6% increase to close at US$870,842 million compared to US$818,526 for the
August 16, 2023 Stanley Motta Limited (SML) for the three months ended March 31, 2023: Stanley Motta Limited (SML) for the Six months ended June 30, 2023 reported a 5% increase in Revenue totaling $261.90 million compared to $250.08 million in the corresponding period last year. Revenue for the Second quarter had a 4%
August 16, 2023 Sterling Investments Limited (SIL) for the six months ended June 30, 2023 reported a 5% decrease in Interest Income totaling $72.40 million compared to $75.97 million in the corresponding period last year. Interest Income for the second quarter closed at $36.43 million compared to $36.34 million for the comparable quarter of 2022.
August 16, 2023 The Statistical Institute of Jamaica (STATIN) reported that the All-Jamaica Consumer Price Index (CPI) increased by 6.6% for July 2023 compared to July 2022. However, for the month of July 2023, the inflation rate was +1.1%. The main driver of the monthly increase (1.1%) was a 2.3% rise in the index
August 16, 2023 Ironrock Insurance Company Limited (ROC) for the six months ended June 30, 2023 reported a 31% increase in Insurance Revenue totaling $627.21 million compared to $478.37 million in the corresponding period last year. Insurance Revenue for the second quarter had a 28% increase to close at $316.80 million compared to $248.02 million
August 16, 2023 Jamaica Stock Exchange Limited (JSE) for the six months ended June 30, 2023, reported a marginal increase in revenue totaling $1.134 billion compared to $1.132 billion in the corresponding period last year. Revenue for the second quarter had a 4% increase to close at $594.91 million compared to $570.94 million for the
August 16, 2023 Carreras Ltd (CAR) for the three months ended June 30, 2023 reported a 23% increase in Operating Revenue totaling $4.31 billion compared to $3.49 billion in the corresponding period last year. Cost of Operating Revenue amounted to $2.37 billion (2022: $1.92 billion), this represents a increase of 23% year over year. Consequently,
August 16, 2023 United States: Fed Minutes Set to Show Only a Minority Saw End of Tightening A record of the Federal Reserve’s July policy meeting due Wednesday is set to show only a minority of officials favored holding interest rates steady over the remainder of the year, according to Bloomberg Economics. At the
August 15, 2023 Eppley Caribbean Property Fund Limited SCC (CPFV) for the nine months ended June 30, 2023, reported a 10% increase in total investment income totalling BDS$10.07 million compared to BDS$9.12 million in the corresponding period last year. Total investment income for the third quarter had a 42% decrease to close at BDS$1.92
August 15, 2023 Barita Investments Limited (BIL) for the nine months ended June 30, 2023, reported net interest income decreased by 70% to $422.55 million compared to $1.39 billion for the nine months ended June 30, 2022. The company booked net interest income of $62.33 million for the third quarter versus $359.85 million reported for
