18 08, 2017

JAMT reports 66% increase in nine months net profit

2017-08-18T20:03:40+00:00

Jamaica Teas Limited (JAMT) for the 9 months ended June 2017 reported a 26% increase in Revenue to total $1.18 billion (2016: $938.63 million). Revenue for the quarter saw a 35% increase to total 421.01 million relative to 312.72 million 2016. According to the company, “Revenues at our supermarket division amounted to $106 million for the

18 08, 2017

CAB: Special Advisory

2017-08-18T15:03:18+00:00

Cable Bahamas Limited (CAB) has advised of a delay in the submission of its fourth quarter unaudited financial statements. This delay is due to the recent change in the Company’s financial year and the estimated audit completion date. CAB has further advised that it intends to submit the financial statements no later than September 15,

18 08, 2017

Overseas Headlines – August 18, 2017

2017-08-18T13:55:34+00:00

Getting to the core of global inflation Stock markets have spent the year rising on bets of a resurgence in inflation, while central bankers trying to manage the global economy have spent the same time repeatedly reassuring everyone it's just around the corner. Policymakers gathering at an annual monetary retreat in Jackson Hole, Wyoming in

17 08, 2017

Overseas Headlines – August 17, 2017

2017-08-17T14:18:19+00:00

U.S.:  U.S. jobless claims drop to near six-month low The number of Americans filing for unemployment benefits fell to near a six-month low last week, pointing to a further tightening in the labour market that could encourage the Federal Reserve to lay out a plan to start unwinding its massive bond portfolio. Labour market strength

16 08, 2017

JP reports six months profit of $251 million.

2017-08-16T21:30:22+00:00

Jamaica Producers Group Limited (JP) For the six months ended June 30, 2017: For six months ended June 30, 2017, Jamaica Producers Group Limited (JP) experienced a 62% increase in revenue to total $7.40 billion compared to the $4.57 billion reported in 2016. The company posted second quarter revenue of $4 billion a 66% increase

16 08, 2017

DCOVE posts 7% decrease in six months net profit

2017-08-16T21:13:13+00:00

Dolphin Cove Limited (DCOVE) for the six months ended June 30, 2017 reported Total Revenue of US$8.66 million, a 6% increase when compared to US$8.20 million booked the year prior. Revenue from dolphin attraction contributed US$4.91 million to total revenue, a 2% increase when compared to the US$4.80 million reported in 2016, while revenues from

16 08, 2017

PURITY reports six months net loss of $8.49 million

2017-08-16T21:10:37+00:00

Consolidated Bakeries (Jamaica) Limited (PURITY) for the six months ended June 30, 2017 recorded a 5% decline in revenue to $447.60 million from $471.52 million reported for the corresponding period in 2016. For the second quarter the company recorded a revenue of $219.69 million (2016: $210.96 million), representing a 4% growth. Cost of sales for

16 08, 2017

JAMT: Special Advisory

2017-08-16T20:34:06+00:00

Jamaican Teas Limited (JAMT) has advised of its delay in the submission of the third quarter accounts due to the inclusion of KIW International Limited accounts for the first time. It is expected that the financial statements will be submitted no later than August 17, 2017.  

16 08, 2017

BRG: Special Advisory

2017-08-16T20:33:01+00:00

Berger Paints Jamaica Limited (BRG) has advised that Mr. Mustafa Turra tendered his resignation as General Manager effective August 15, 2017. BRG further advised that Mr. Andy Mahadeo will act as the company’s General Manager until a replacement is in place. Additionally, BRG has advised that concurrent with the indirect purchase of 51% of Berger

16 08, 2017

ROC: Trade In Shares

2017-08-16T20:31:53+00:00

IronRock Insurance Company Limited (ROC) has advised that a connected party purchased a total of 38,000 ROC shares on August 15, 2017.

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