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
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
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
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
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%
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
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
March 1, 2018 United States: U.S. Fourth-Quarter Growth Revised Down to 2.5% Annual Pace The U.S. economy’s growth rate last quarter was revised slightly downward as inventories subtracted more than previously estimated, Commerce Department data showed Wednesday. The latest results for GDP, the value of all goods and services produced in the U.S., show the
February 2018 Sagicor Real Estate X Fund Limited (XFUND) has advised that the Company and Sagicor Group Jamaica Limited have entered into an agreement with NASDAQ listed hotel owners and operators, Playa Hotels & Resorts N.V., to combine tourism assets. The Sagicor Entities will contribute their portfolio of all-inclusive resorts and developable land sites in
February 28, 2018 Honey Bun (1982) Limited’s Annual General Meeting was held today, the 28th of February 2018. The meeting started off with a tribute to the late great Sushil Jain who passed away in the latter part of 2017. After paying his respect, Chairman Herbert Chong reiterated some of the financial highlights of the
