14 11, 2018

KLE reports 3% increase in nine months gross profits

2018-11-14T21:50:15-05:00

Date: November 14, 2018 K.L.E. Group Limited (KLE), for the nine months ended September 30, 2018 reported Revenue for the period of $162.67 million, relative to $158.19 million last year. For the third quarter revenue totalled $52.63 million, relative $54.46 million last year, a 3% decline. This was due to the major road work happening

KLE reports 3% increase in nine months gross profits2018-11-14T21:50:15-05:00
14 11, 2018

SML reports $1.67 billion in nine months net profit

2018-11-14T21:51:36-05:00

Date: November 14, 2018 Stanley Motta Limited (SML) for the nine months ended September 30, 2018, booked a 303% increase in revenue to total $172.21 million compared to $42.74 million for the same period in 2017. According to SML, “This increase represents the new income from Unit 4 which was handed over to the tenant

SML reports $1.67 billion in nine months net profit2018-11-14T21:51:36-05:00
14 11, 2018

VMIL reports 12% decline in nine months net profits

2018-11-14T21:22:22-05:00

Date: November 14, 2018  Victoria Mutual Investments (VMIL) reported total interest income of $523.24 million, a decline of 6% relative to the $557.90 million recorded for the corresponding period in 2017. Interest expense for the period amounted to $340.97 million, a 7% decline relative to the $366.38 million recorded in 2017. As such, net interest

VMIL reports 12% decline in nine months net profits2018-11-14T21:22:22-05:00
14 11, 2018

AFS reports 14% increase in six months net profits

2018-11-14T21:03:33-05:00

Date: November 14, 2018  Access Financial Services Limited (AFS) for the six months ended September 30, 2018 reported $787.27 million in total interest income, a 20% increase relative to the $658.40 million recorded in 2017. Of this, interest income from loans amounted to $784.71 million (2017: $651.88 million), while interest income from securities totalled $2.56

AFS reports 14% increase in six months net profits2018-11-14T21:03:33-05:00
14 11, 2018

CFF’s reports 40% growth in three months net profits

2018-11-14T20:07:26-05:00

Date: November 14, 2018 Caribbean Flavours and Fragrances Limited, for the quarter ended September 30, 2018, reported Revenue amounting to $120.14 million, an increase of 21%, when compared with the $99.59 million booked last year. CFF noted, “The quarter was primarily attributed to our refining of our order fulfilment procedures”. Cost of sales rose by

CFF’s reports 40% growth in three months net profits2018-11-14T20:07:26-05:00
14 11, 2018

CHL reports 20% increase in year end net profit

2018-11-14T20:01:01-05:00

Date: November 14, 2018  Cargo Handlers Limited (CHL) for the year ended September 30, 2018 reported revenues of $355.74 million, 11% higher than the $320.83 million booked in 2017.  Revenues for the quarter amounted to $75.63 million, 16% higher than the $65.39 million reported for the same quarter in 2017. The Company booked a gain

CHL reports 20% increase in year end net profit2018-11-14T20:01:01-05:00
14 11, 2018

KW reports 21% increase in nine months net profits attributable to shareholders

2018-11-14T19:59:19-05:00

Date: November 14, 2018  For the nine months ended  September 30, 2018, Kingston Wharves’ revenue totaled $5.26 billion a 16% increase when compared to $4.52 billion for the corresponding period of the prior year, while revenue for the second quarter grew 18% to $1.87 billion (2017: $1.58 billion). This as both the company’s ‘Terminal Operations’

KW reports 21% increase in nine months net profits attributable to shareholders2018-11-14T19:59:19-05:00
14 11, 2018

JSE reports soars 86% in nine months total comprehensive income

2018-11-14T15:40:56-05:00

Date: November 14, 2018 Jamaica Stock Exchange Limited (JSE), For the Nine months ended September 30, 2018 recorded total revenue of $1.0 billion, a 45% increase when compared to the $695.47 million booked the prior year. While total revenue for the quarter amounted to $339.53 million (2017: $217.82 million). Of the nine months: o Cess

JSE reports soars 86% in nine months total comprehensive income2018-11-14T15:40:56-05:00
14 11, 2018

The only Jamaican stock you need to own

2018-11-14T13:45:54-05:00

November 14, 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 own2018-11-14T13:45:54-05:00
14 11, 2018

Overseas Headlines- November 14, 2018

2018-11-14T13:05:11-05:00

Date: November 14, 2018  United States: Greenspan Says U.S. May Be Seeing the First Signs of Inflation Former Federal Reserve Chairman Alan Greenspan said a rising U.S. debt burden could derail the current expansion and warned the tight labor market could lift inflation. “I’m beginning to see the first signs of it,” Greenspan said about

Overseas Headlines- November 14, 20182018-11-14T13:05:11-05:00