13 05, 2017

Eppley reports 51% increase in for the first quarter of 2017

2017-06-10T17:06:37-05:00

For the three months ended March 2017, Eppley Limited (EPLY) reported interest income of $62.54 million an increase of 42% when compared to the $43.97 million recorded the previous year. Interest expenses amounted to $36.86 million, a 29% increase when compared to $28.58 million for the corresponding period in 2016. Consequently, net interest income increased

Eppley reports 51% increase in for the first quarter of 20172017-06-10T17:06:37-05:00
13 05, 2017

GK reports a 28% decline in net profit for the first quarter of 2017

2017-06-10T17:06:42-05:00

For the three months ended March 31, 2017,GraceKennedy Limited (GK) reported total revenue of $23.69 billion for period (2016: $22.13 billion), a year over year increase of 7%. The biggest contributor to the group’s overall revenue for the first quarter was income from the ‘Food Trading’ segment which contributed a total of $18.82 billion (2016:

GK reports a 28% decline in net profit for the first quarter of 20172017-06-10T17:06:42-05:00
13 05, 2017

JAMT reports 33% increase in net profit for the Second Quarter of 2017

2017-06-10T17:06:47-05:00

Jamaican Teas Limited (JAMT) reported revenue for the second quarter ended March 2017 of $386.11 million, an increase of 37% compared to the $281.30 million booked for the corresponding period in 2016. Year to date, the company reported a 21% increase in Revenue to total $760.01 million (2016: $625.91 million). According to the company, “Export

JAMT reports 33% increase in net profit for the Second Quarter of 20172017-06-10T17:06:47-05:00
13 05, 2017

PAL reports 145% improvement in Third Quarter Profits, while profit for the nine months decline 50%

2017-06-10T17:06:49-05:00

The Palace Amusement Company (1921) Limited Revenue for the nine months rose 5% to $691.08 million (2016: $659.91 million), while for the third quarter, an increase of 19% was observed. As such, for the quarter revenue rose to $247.34 million relative to $208.82 million in 2016. Direct Expenses for the period inched up decreased by

PAL reports 145% improvement in Third Quarter Profits, while profit for the nine months decline 50%2017-06-10T17:06:49-05:00
13 05, 2017

PURITY reports a 76% decline in net profits for the first quarter of 2017

2017-06-10T17:06:54-05:00

For the first quarter of the 2017 financial year, Consolidated Bakeries (Jamaica) Limited (PURITY) recorded a Total Revenue of $227.91 million (2016: $260.56 million), representing a 13% decline. Cost of Sales for the quarter amounted to $145.52 million, down 11% relative to $164.20 million booked at the end of quarter one 2016. As such, Gross

PURITY reports a 76% decline in net profits for the first quarter of 20172017-06-10T17:06:54-05:00
13 05, 2017

SVL reports 52% increase in net profits for the first quarter of 2017

2017-06-10T17:06:59-05:00

For the three months ended March 2017, Supreme Ventures Limited (SVL) reported a 20% increase in Revenues to total $13.39 billion, up from $11.19 billion in 2016. The Group’s increase in Total Revenue was due to increases in the Lottery, Gaming Hospitality and Pin Codes segments and the addition of the Horseracing segment. Revenues from

SVL reports 52% increase in net profits for the first quarter of 20172017-06-10T17:06:59-05:00
13 05, 2017

tTech reports 38% decline in net profit for the first quarter of 2017

2017-06-10T17:07:04-05:00

For the three months ended March 31, 2017, tTech Limited (tTech) Operating Revenues for the period increased by 20% to $56.59 million compared to $47.14 million for the corresponding period last year. tTech highlighted, “our sales pipeline remains strong and the increase in cybercrime that is occurring both globally and in Jamaica will create opportunities

tTech reports 38% decline in net profit for the first quarter of 20172017-06-10T17:07:04-05:00
10 05, 2017

Daily Market Summary- May 10, 2017

2017-05-15T20:38:47-05:00

Disclaimer: Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this

Daily Market Summary- May 10, 20172017-05-15T20:38:47-05:00
9 05, 2017

Daily Market Summary- May 9, 2017

2017-05-15T20:40:09-05:00

Disclaimer: Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this

Daily Market Summary- May 9, 20172017-05-15T20:40:09-05:00