Date: December 24, 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 declined at a faster rate by 29% to close at $598.18 million compared to $847.44 million in 2017. As a result, net interest income for the year increased by 47%
Date: December 24, 2018 Jamaican Teas Limited (JAMT) reported a 14% increase in revenues to total $1.77 billion (2017: $1.55 billion). For the quarter, revenues amounted to $422.12 million (2017: $357.64 million). JAMT highlighted that, “the Company’s focus on driving revenues in our core business resulted in fourth quarter revenues from our manufacturing operations growing
December 24, 2018 Please see the below graph with regards to the movement of the MJE’s Net Asset Value:
December 21, 2018 Barita Investments Limited (BIL) has advised that their Board of Directors has taken the decision to withdraw its Notice of a Rights Issue to BIL’s shareholders, dated December 14, 2018. BIL has further advised that an Extraordinary General Meeting of its Ordinary Shareholders will be convened on Thursday, January 17, 2019, at
Date: December 24, 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
Date: December 24, 2018 Please click below to view today’s featured stock. Weekly Picks 24.12.18 LASD 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
Date: December 24, 2018 United States: U.S. Stock Futures Decline; Treasuries, Gold Gain: Markets Wrap U.S. stock futures gave up earlier gains as investors remained on edge over the turmoil in Washington after the worst week for equities in almost a decade. The dollar fell with European and Asian shares. Futures on the Dow, S&P
December 21, 2018 Jamaican Teas Limited (JAMT) has advised that on December 18, 2018, Jamaican Teas Ltd.’s subsidiary company, JRG Shoppers Delite Enterprise Ltd (JRG), signed a sale and purchase agreement with an associated company, Bay City Foods Ltd (BCF) to sell to BCF the assets and undertaking comprising JRG’s Shoppers Delite supermarket business for
December 21, 2018 Supreme Ventures Limited (SVL) has advised of the following appointments: Xesus Johnston as the Senior Vice President-Gaming Operations, and will be joining the team on January 2, 2019. He will be responsible for the overall management of the Company’s gaming operations, which includes managing, designing and overseeing the strategy, daily operations, growth
December 21, 2018 Please see the below graph with regards to the movement of the MJE’s Net Asset Value:
