2 03, 2018

SOS books 78% increase in year end net profit

2018-03-02T01:28:04-05:00

March 01, 2018 SOS reported year end revenue of $906.51 million relative to 702.07 million in 2016, a 29% increase, while for the fourth quarter revenues amounted to $241.63 million (2016: $178.35 million). The company’s cost of sales totaled $483.49 million up 33% relative to the $363.40 million reported in 2016. As a result gross

SOS books 78% increase in year end net profit2018-03-02T01:28:04-05:00
1 03, 2018

Daily Market Summary March 1, 2018

2018-03-01T20:50:37-05:00

Daily Market Summary 1.03.18 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any Action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may

Daily Market Summary March 1, 20182018-03-01T20:50:37-05:00
1 03, 2018

GK reports 5% increase in year end net profit

2018-03-02T20:34:23-05:00

Grace Kennedy Limited (GK), for the year ended December 31, 2017, recorded revenue of $92.48 billion for  2017 (2016: $88.27 billion), a year over year increase of 5%. For the quarter, the company increased revenue by 7% to total $23.18 billion (2016: $21.62 billion). The biggest contributor to the group’s overall revenue for the year

GK reports 5% increase in year end net profit2018-03-02T20:34:23-05:00
1 03, 2018

U.S. National Income and Product Accounts Gross Domestic Product: Fourth Quarter and Annual 2017

2018-03-01T19:48:16-05:00

March 01, 2018 Fourth Quarter GDP Real gross domestic product (GDP) increased at an annual rate of 2.5% in the fourth quarter of 2017, the Bureau of Economic Analysis reported on the 28th February 2018. This was a .7% decrease from the growth rate of 3.2% reported for the third quarter in 2017. The deceleration

U.S. National Income and Product Accounts Gross Domestic Product: Fourth Quarter and Annual 20172018-03-01T19:48:16-05:00
1 03, 2018

KPREIT reports 39% decline in year end profit

2018-03-01T19:06:54-05:00

March 01, 2018 Kingston Properties Limited reported Rental Income of $196.32 million, 50.49% more than the $130.46 million reported for 2016. Property management fee of $7.96 million was reported for 2017 relative to none reported in 2016. There was no Other Income reported in 2017 and according to the company. This resulted in a 56.59%

KPREIT reports 39% decline in year end profit2018-03-01T19:06:54-05:00
1 03, 2018

Sagicor combines Hotel Operations with Playa Hotels and Resorts in major multi-national deal

2018-03-01T14:01:06-05:00

March 01, 2018 Please click link below to view advisory from Sagicor Real Estate X Fund Ltd (XFUND) and Sagicor Group Jamaica Limited (SJ). News-Release-Sagicor-Combines-Hotel-Operations-with-Playa-Hotels-and-Resorts The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking

Sagicor combines Hotel Operations with Playa Hotels and Resorts in major multi-national deal2018-03-01T14:01:06-05:00
28 02, 2018

Special Advisory: Sagicor Real Estate X Fund Limited (XFUND)

2018-02-28T20:54:39-05:00

February 2018 Sagicor Real Estate X Fund Limited (XFUND) has advised that the Company and Sagicor Group Jamaica Limited have entered into an agreement with NASDAQ listed hotel owners and operators, Playa Hotels & Resorts N.V., to combine tourism assets. The Sagicor Entities will contribute their portfolio of all-inclusive resorts and developable land sites in

Special Advisory: Sagicor Real Estate X Fund Limited (XFUND)2018-02-28T20:54:39-05:00
28 02, 2018

Daily Market Summary February 28, 2018

2018-02-28T20:36:06-05:00

February 28,2018 Daily Market Summary 28.2.18 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any Action in reliance on the contents of this information is strictly prohibited and may be unlawful.

Daily Market Summary February 28, 20182018-02-28T20:36:06-05:00
28 02, 2018

Honey Bun (1982) Limited to complete expansion of warehouse

2018-02-28T20:15:23-05:00

February 28, 2018 Honey Bun (1982) Limited’s Annual General Meeting was held today, the 28th of February 2018. The meeting started off with a tribute to the late great Sushil Jain who passed away in the latter part of 2017. After paying his respect, Chairman Herbert Chong reiterated some of the financial highlights of the

Honey Bun (1982) Limited to complete expansion of warehouse2018-02-28T20:15:23-05:00
28 02, 2018

JSE reports 1% decline in year end net profit

2018-02-28T16:46:32-05:00

Jamaica Stock Exchange Limited (JSE), for the year ended December 31, 2017, recorded total revenue of $991.15 million, a 14% increase when compared to the $865.78 million booked the prior year. Total revenue for the quarter amounted to $295.68 million (2016: $171.59 million). Of this: Cess income declined by 13% to $285.78 million relative to

JSE reports 1% decline in year end net profit2018-02-28T16:46:32-05:00