Date: August 14, 2018 Key Insurance Company Limited (KEY), for the six months ended June 30, 2018 reported a 45% growth in net premiums written from $415.45 million to $603.02 million as a result of a 43% increase in gross premium written which closed the period at $946.45 million (2017: $660.71 million). KEY noted, “The company
Date: August 15, 2018 Sagicor Group Jamaica Limited (SJ), for the six months ended June 30, 2018, Total Revenues increased by 7% to $32.02 billion from $30.01 billion in 2017, while for the second quarter Total Revenues improved 8% to total $16.20 billion compared to $14.93 billion in 2017. Total revenue year to date was
Date: August 15, 2018 Barita Invested Limited’s (BIL) interest income declined 11% for the nine months ended June 30, 2018, to $738.32 million relative to $832.02 million for the comparable period in 2017. Interest expense also declined by 29% to close at $431.36 million compared to $610.19 million in 2017. As a result, net interest
Date: August 15, 2018 Victoria Mutual Investments (VMIL) for the six months ended June 30, 2018 reported total interest income of $353.66 million, a decline of 8% relative to the $385.41 million recorded for the corresponding period in 2017. Interest expense for the period amounted to $234 million, a 2% decline relative to the $239.84
Date: August 15, 2018 United States: Productivity in U.S. Climbs 2.9%, Fastest Pace in Three Years Productivity gains in the U.S. accelerated by more than expected to the fastest pace since 2015 while labor costs fell, amid an economic-growth pickup supported by tax cuts and federal spending, a Labor Department report showed Wednesday. The data
Date: August 14, 2018 PANJAM Investment Limited (PJAM), for six months ended June 30, 2018 reported a 12% increase in total income to $1.11 billion relative to $948.37 million booked for the prior year’s corresponding period. For the quarter total income increased 31% to $586.95 million (2017: $446.82 million). Of total income: • Investment increased
Palace Amusement Company (PAL) for the year ended June 30, 2018 reported total revenues of $1.17 billion, an 18% increase when compared with the $990.14 million recorded for corresponding period in 2017. Total revenue for the quarter increased 10% to total $330.8 million relative to the $299.06 million recorded for same period in 2017. Direct
Date: August 14, 2018 Radio Jamaica Limited (RJR), revenue for the first three months ended June 30, 2018, increased by 10% from $1.22 billion in 2017 to $1.35 billion. RJR highlighted that, “The increase was largely due to a revenue boost from the staging of a part of the 2018 FIFA World Cup Football competition
Date: August 14, 2018 Berger Paints Jamaica Limited (BRG) for the three months ended June 30, 2018 reported total Revenues of $1.12 billion, a 24% increase relative to $903.09 million reported in for the comparable period in 2017. Total revenues for the quarter totalled $615.27 million, 35% more than the $454.55 million booked in 2017.
Date: August 14, 2018 Caribbean Flavours & Fragrances Limited’s (CFF), for the year ended June 30, 2018, revenue increased by 3% to $423.68 million relative to $410.64 million for the comparable period in 2017. For the quarter, the Company generated revenue of $120.71 million, a 10% increase year over year. Cost of sales also increased
