2 03, 2018

SOS books 78% increase in year end net profit

2018-03-02T01:28:04-05:00

March 01, 2018 SOS reported year end revenue of $906.51 million relative to 702.07 million in 2016, a 29% increase, while for the fourth quarter revenues amounted to $241.63 million (2016: $178.35 million). The company’s cost of sales totaled $483.49 million up 33% relative to the $363.40 million reported in 2016. As a result gross

SOS books 78% increase in year end net profit2018-03-02T01:28:04-05:00
2 03, 2018

FOSRICH reports 81% increase in Net Profits

2018-03-02T01:04:28-05:00

Date: March 1, 2018 FosRich Company Limited (FOSRICH) for the twelve months ended December 31, 2017 booked a 9% decrease in revenue to total $1.05 billion compared to $1.16 billion for the same period in 2016. Cost of sales for the year showed a reduction of 17%, moving from $686.66 million to $573.01 million. Despite

FOSRICH reports 81% increase in Net Profits2018-03-02T01:04:28-05:00
1 03, 2018

Daily Market Summary March 1, 2018

2018-03-01T20:50:37-05:00

Daily Market Summary 1.03.18 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 is strictly prohibited and may be unlawful. Mayberry may

Daily Market Summary March 1, 20182018-03-01T20:50:37-05:00
1 03, 2018

GK reports 5% increase in year end net profit

2018-03-02T20:34:23-05:00

Grace Kennedy Limited (GK), for the year ended December 31, 2017, recorded revenue of $92.48 billion for  2017 (2016: $88.27 billion), a year over year increase of 5%. For the quarter, the company increased revenue by 7% to total $23.18 billion (2016: $21.62 billion). The biggest contributor to the group’s overall revenue for the year

GK reports 5% increase in year end net profit2018-03-02T20:34:23-05:00
1 03, 2018

U.S. National Income and Product Accounts Gross Domestic Product: Fourth Quarter and Annual 2017

2018-03-01T19:48:16-05:00

March 01, 2018 Fourth Quarter GDP Real gross domestic product (GDP) increased at an annual rate of 2.5% in the fourth quarter of 2017, the Bureau of Economic Analysis reported on the 28th February 2018. This was a .7% decrease from the growth rate of 3.2% reported for the third quarter in 2017. The deceleration

U.S. National Income and Product Accounts Gross Domestic Product: Fourth Quarter and Annual 20172018-03-01T19:48:16-05:00
1 03, 2018

KPREIT reports 39% decline in year end profit

2018-03-01T19:06:54-05:00

March 01, 2018 Kingston Properties Limited reported Rental Income of $196.32 million, 50.49% more than the $130.46 million reported for 2016. Property management fee of $7.96 million was reported for 2017 relative to none reported in 2016. There was no Other Income reported in 2017 and according to the company. This resulted in a 56.59%

KPREIT reports 39% decline in year end profit2018-03-01T19:06:54-05:00
1 03, 2018

Gas Price Movement – March 1, 2018

2018-03-01T17:42:06-05:00

Gas Price Movement March 1, 2018 Brent Oil Brent oil prices fell by 4.53% or US$3.01, as prices decreased this week. Oil traded on March 1, 2018 at a price of $63.38 per barrel relative to US$66.39 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices increase week

Gas Price Movement – March 1, 20182018-03-01T17:42:06-05:00
1 03, 2018

SIL reports 34% decline in year end net profit

2018-03-01T16:37:15-05:00

March 01,2108 Sterling Investments Limited (SIL) for the year ended December 31, 2017, reported a 35% decline in total revenue to $91.98 million compared to $141.43 million recorded for the corresponding period in 2016. Of total revenue: Interest income closed the period at $79.08 million, up 1.3% from the $78.10 million for the comparable period

SIL reports 34% decline in year end net profit2018-03-01T16:37:15-05:00
1 03, 2018

Government Operations Results for January 2018

2018-03-01T16:12:47-05:00

March 01,2018 For the period of April 2017 to January 2018, the GOJ reported Total Revenues & Grants of $434.88 billion, $15.66 billion more than the government’s projection. Furthermore, year over year, this represents an increase of approximately 11% relative to the $391.84 billion recorded for the corresponding period in 2017. ‘Tax Revenue’, ‘Non-Tax Revenue’

Government Operations Results for January 20182018-03-01T16:12:47-05:00
1 03, 2018

Sagicor combines Hotel Operations with Playa Hotels and Resorts in major multi-national deal

2018-03-01T14:01:06-05:00

March 01, 2018 Please click link below to view advisory from Sagicor Real Estate X Fund Ltd (XFUND) and Sagicor Group Jamaica Limited (SJ). News-Release-Sagicor-Combines-Hotel-Operations-with-Playa-Hotels-and-Resorts 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

Sagicor combines Hotel Operations with Playa Hotels and Resorts in major multi-national deal2018-03-01T14:01:06-05:00