Net Interest Income declined by 7% or $99.45 million when compared with the same period a year ago, to total $1.03 billion. This as interest income fell by 4% to close at $2.08 billion, while interest expenses declined 1% to close the period at $1.05 billion. For the quarter Net Interest Income totaled $345.10 million
Brent Oil Brent oil prices increased by 1.77%, as prices increased this week. Oil traded on September 14, 2017 at a price of 55.16 (US$/ barrel). Petrojam prices 87 Octane prices declined week over week, by 1.48% . Additionally 90 Octane declined by 1.44% week over week. 87 Octane and 90 Octane opened the year
Jamaica’s Net International Reserves totaled US$3,671.68 million as at August 2017, reflecting an increase of US$935.33 million relative to the US$2,736.35 million reported as at the end of July 2017 (see figure 1). Changes in the NIR resulted from an increase in Foreign Assets of US$935.33 million to total US$4,247.21 million compared to the US$3,311.88 million
Jamaica Broilers Group (JBG) for the three months ended July 31, 2017, Revenues totalled $11.49 billion, a 15% increase on the $10.02 billion reported in 2016. Total revenue was broken down as follows; The Jamaica Operations contributed $7.87 billion, a 9% increase compared to $7.23 billion for the same period of 2016. JBG noted, “Jamaica
The motion to subdivide the existing ordinary shares into 10 was approved by the majority of Carreras' shareholders, however not without objections by a few shareholders and a discussion regarding the matter. Management indicated that the main objective of the stock split was to improve the liquidity of the stock. Additionally, motions confirming the board,
SOS reported six months revenue of $431.79 million relative to 353.48 million in 2016 a 22% increase, while for the second quarter revenues amounted to $211.603 million up 24% compared to the $171.05 million reported in the corresponding period of 2016. The company’s cost of sales totaled $223.60 million up 24% relative to the $180.65
Please click below to view today’s Daily Market Summary. Daily Market Summary 04.09.17 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
The Planning Institute of Jamaica (PIOJ) Review of Economic Performance April – June 2017 According to the PIOJ, real GDP grew by 0.3% relative to the comparative quarter in 2016. This was attributed to an estimated increase of 1.2% in the Services Industry, which outweighed a 2.5% decline in the Goods Producing Industry. Within the
Please click below to view today’s Daily Market Summary. Daily Market Summary 30.08.17 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
In United States dollars (except where it is indicated otherwise): Caribbean Producers Jamaica Limited (CPJ) for the year ended June 30, 2017 reported a 4% growth year on year in revenues to close at $98.29 million compared to the $94.10 million for the prior year. For the fourth quarter the company posted a 19% growth
