8 11, 2018

NCBFG reports 50% increase in year end net profit

2018-11-08T23:22:40-05:00

November 8, 2018 For the year ended September 30, 2018, NCB Financial Group's (NCBFG) net interest income increased by 18%, relative to 2017, to total $35.14 billion (2017: $29.76 billion),  resulting from, “the consolidation of Clarien’s results and growth in the Jamaican loan portfolio”, Management noted. For the quarter, net interest income improved 29% to close

NCBFG reports 50% increase in year end net profit2018-11-08T23:22:40-05:00
8 11, 2018

LASM reports 49% increase in six months net profit

2018-11-08T21:28:34-05:00

Date: November 08, 2018 Lasco Manufacturing Limited (LASM) for the six months ended September 30, 2018 recorded an increase of $302.01 million or 9% in revenue to total $3.80 billion relative to the $3.50 billion recorded for the comparable period in 2017. For the second quarter, total revenue closed at $2.07 billion (2017: $1.99 billion),

LASM reports 49% increase in six months net profit2018-11-08T21:28:34-05:00
8 11, 2018

Dividend Declaration: Carreras Limited (CAR)

2018-11-08T19:48:14-05:00

November 08, 2018 Carreras Limited (CAR) has declared an interim dividend of $0.19 per share payable on December 13, 2018 to shareholders on record as at November 22, 2018. The ex-dividend date is November 21, 2018.

Dividend Declaration: Carreras Limited (CAR)2018-11-08T19:48:14-05:00
8 11, 2018

The only Jamaican stock you need to own

2018-11-08T14:00:37-05:00

November 08, 2018 Please see the below graph with regards to the movement of the MJE’s Net Asset Value:

The only Jamaican stock you need to own2018-11-08T14:00:37-05:00
7 11, 2018

BIL reports an 84% increase in year end net profit

2018-11-08T13:41:05-05:00

November 07, 2018 For the year ended September 30, 2018, Barita Invested Limited’s (BIL) interest income declined 10% to $1.02 billion relative to $1.13 billion for the previous year. Interest expense also declined by 29% to close at $599.66 million compared to $847.44 million in 2017. As a result, net interest income for the year increased

BIL reports an 84% increase in year end net profit2018-11-08T13:41:05-05:00
7 11, 2018

LASD reports 14% growth in net profit for the six months period

2018-11-14T18:17:09-05:00

Date: November 07, 2018 Lasco Distributors Limited (LASD), for the six months ended September 30, 2018, posted 5% growth revenues to $8.78 billion, up from $8.35 billion in the corresponding period in 2017. For the quarter, revenues increased by 7% closing at $4.50 billion (2017: $4.22 billion). Cost of sales amounted to $7.01 billion, up

LASD reports 14% growth in net profit for the six months period2018-11-14T18:17:09-05:00