Interest Income for the period increased to $124.23 million from $92.43 million the previous year, a 34% increase. While for the second quarter interest income amounted to $61.69 million relative to $48.46 million in 2016. Interest Expenses amounted to $73.89 million, up 30% from $56.74 million for the corresponding period in 2016. Consequently, net interest
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Supreme Ventures Limited (SVL) reported a 23.5% in revenues from $27.37 billion for the 2017 period, up from $22.15 billion in 2016. While for the second quarter revenues totaled $13.98 million relative to $10.96 million in 2016. Revenues from the company’s segments were as follows: Lottery - $20.22 billion (2016:$17.41 billion), a 16.1% increase. According
Radio Jamaica Limited (RJR) For the three months ended June 30, 2017 Revenue for the first quarter of 2017 declined by 6.84% from $1.31 billion in 2016 to $1.22 billion. Direct expenses increased by 1.37% to $635.52 million in 2017 (2016:$626.92 million). The company stated that this was due to “increased fees associated with expanding
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The Palace Amusement Company (1921) Limited (PAL) for the year ended June 30, 2017 booked a 9% increase in revenues to $990.14 million (2016: $909.24 million), while for the fourth quarter, an increase of 20% was observed. For the quarter, revenue rose to $299.06 million relative to $249.33 million in 2016. Direct expenses for the
For the six months, IronRock posted gross premium of $173.35 million relative $38.48 million; this represents a 350% increase. While for the second quarter gross premium was $111.41 million relative to $31.46 million for 2016. Change in gross provision for unearned premiums amounted to $132.07 million compared to $30.42 million in 2016. Excess of loss
Carreras Limited For the quarter ended June 30, 2017:- Carreras Limited reported Operating Revenue of $2.82 billion, 16% lower than the $2.62 billion booked in 2016. Cost of Operating Revenue also decline year over year by 19%, amounting to $1.39 billion from $1.71 billion. As such, Gross Operating Profit declined by 13% to total $1.42
Access Financial Services Limited (AFS) for the three months ended June 30, 2017 reported $343.04 million in total interest income for the first quarter relative to last year’s $302.50 million. Of this Interest Income from Loans amounted to $339.32 million while Interest Income from Securities totaled $3.72 million (2016: $1.88 million). Interest Expense charged for
For the first half of the 2017 financial year, the company recorded a total revenue of $103.72 million (2016: $90.69 million), representing a 14% increase in revenue. While for the second quarter revenues increased 18% to total $54.32 million. Cost of sales increased by 16% to $32.81 million compared to the $28.35 million reported in
