Date: August 16, 2019 GENAC for the six months ended June 30, 2019, reported Gross premium written of $6.57 billion, 41% higher than the $4.65 billion reported for 2019. Reinsurance ceded rose 45% to close at $5.45 billion relative to $3.75 billion booked in 2018. Excess of loss reinsurance trended upwards by 26% to $67.73
Date: August 16, 2019 Kingston Properties Limited (KPREIT), for the six months ended June 30, 2019, reported rental income of $112.94 million, 6% more than the $106.51 million reported for 2018. However, for the quarter, there was a 6% rise from $50.55 million in 2018 to $53.55 million. Property management fees for the six months
Date: August 16, 2019 United States: U.S. Home Starts Fall on Further Weakness in Apartment Building “U.S. new-home construction unexpectedly fell in July for a third month on another drop in starts of apartment buildings that masked a gain in single-family units. Residential starts dropped 4% to a 1.19 million annualized rate after a downwardly
Date: August 16, 2019 Consumer Price Index – July 2019 The consumer price index for the month of June 2019 increased by 1.1%, following a 0.1% decline in its index for June 2019, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month of July rose to 261.2, relative to
Date: August 15, 2019 K.L.E Group Limited (KLE), for the six months ended June 30, 2019, the company recorded a total revenue of $101.87 million (2018: $106.60 million), representing a 4% decrease in revenue. For the second quarter revenues decreased 10% to total $52.15 million (2018: $58.25 million). Cost of sales went down by 18%
Date: August 15, 2019 Mayberry Investments Limited (MIL) has advised that a Director sold 1,500,000 MIL shares on August 13, 2019. Company Disclosure -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
Date: August 15, 2019 NCB Financial Group Limited (NCBFG) has advised that a connected party purchased a total of 140,010 NCBFG shares during the period August 9 to 13, 2019. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby
Date: August 15, 2019 Jamaican Teas Limited (JAMT) has advised that a Director sold 13,320 JAMT shares on August 14, 2019. Company Disclosure -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
Date: August 15, 2019 Consolidated Bakeries (Jamaica) Limited (PURITY) recorded a 11% increase in revenue to $548.67 million from $492.54 million reported for the corresponding period in 2018. For the second quarter the company recorded a revenue of $275.03 million (2018: $221.49 million), representing a 24% growth. Cost of sales for the period rose
August 15, 2019 ISP Finance Services Limited's (ISP), Results for the six months ended June 30, 2019, Total Interest Income amounted to $182.02 million compared to $144.13 million in 2018, an increase of 26%. For the quarter, Total Interest income amounted to $95.80 million (2018: $73.67 million). Year to date Total Interest Income is broken down
