12 02, 2018

Dividend Declaration: Jamaica Public Service Company Limited (JPS)

2018-02-12T15:01:19-05:00

February 12,2018 Jamaica Public Service Company Limited (JPS)  has advised that their Board of Directors by way of Round Robin Resolution on February 6, 2018, considered and approved that quarterly preference dividends be declared payable on April 1, 2018, to shareholders on record as at the close of business on March 15, 2018, on the

Dividend Declaration: Jamaica Public Service Company Limited (JPS)2018-02-12T15:01:19-05:00
12 02, 2018

Overseas Headlines – February 12, 2108 

2018-02-12T13:30:26-05:00

February 12,2108  United States: U.S. Stock Futures Climb as Investors Return After Brutal Week Investors welcomed a rare respite from volatility as U.S. stock futures gained after a week that saw two of the biggest single-day percentage drops in seven years. “Futures can move around quite a bit, but what I will be watching for

Overseas Headlines – February 12, 2108 2018-02-12T13:30:26-05:00
9 02, 2018

CHL records 13% decline first quarter profits

2018-02-09T23:25:56-05:00

February 09, 2018 Cargo Handlers Limited (CHL), for the three months ended December 31, 2017  revenues of $86.57 million, a marginal  decline from the $86.99 million booked in 2016.  The company noted, “increased cruise vessel arrivals this period positively impacted our operations through additional baggage handling activities that was however offset by a reduction in the

CHL records 13% decline first quarter profits2018-02-09T23:25:56-05:00
9 02, 2018

Proven reports 10% increase in nine months net profit attributable to shareholders

2018-02-09T16:43:07-05:00

February 09, 2018  Reported in US$ (except where it is indicated otherwise) Proven Investments Limited (PROVEN) for the nine months ended December 31, 2017 reported interest income of $21.09 million, a 12.65% or $2.37 million increase when compared with the $18.73 million reported for the same period in 2016. Total interest income for the quarter

Proven reports 10% increase in nine months net profit attributable to shareholders2018-02-09T16:43:07-05:00
9 02, 2018

LASM reports a 73% increase in third quarter net profits

2018-02-09T18:19:41-05:00

Date: February 9, 2018 Lasco Manufacturing Limited (LASM), for the nine months ended December 31, 2017 reported total revenue decreased by 3% from $5.42 billion in 2016 to $5.28 billion in 2017. Revenue increased $316.65 million or 22% to a total of $1.78 billion in the third quarter, relative to the $1.46 billion recorded for

LASM reports a 73% increase in third quarter net profits2018-02-09T18:19:41-05:00
9 02, 2018

Overseas Headlines – February 09, 2018

2018-02-09T12:37:01-05:00

 February 09, 2018 United States:  Central Banks Are Telling Markets It's Time to Grow Up It's time for markets to grow up. An important element in the current volatility tantrum is the return of inflation. Last Friday's U.S. payroll report kicked it off, and the struggle at this week's 10-year and 30-year U.S. Treasury auctions

Overseas Headlines – February 09, 20182018-02-09T12:37:01-05:00
8 02, 2018

AFS reports nine months net profit of $504.8 million

2018-02-08T21:19:24-05:00

February 8, 2018.  Access Financial Services Limited (AFS) for the nine months ended December 31, 2017 reported total interest income of $1.04 billion, a 11% increase when compared with the $935.04 million reported for the same time period  in 2016. Of this, Interest Income from Loans amounted to $1.03 billion (2016: $930.52 million) while Interest

AFS reports nine months net profit of $504.8 million2018-02-08T21:19:24-05:00
8 02, 2018

SALF reports 49% increase in first quarter net profits attributable to shareholders

2018-02-08T20:33:23-05:00

Date: February 8, 2018 Salada Foods Jamaica Limited (SALF), for the quarter ended December 31, 2017, recorded a 17% increase in turnover for the quarter to $227.76 million (2017: $195.27 million). The company stated that, “Export sales grew by 100% and is the key driver of revenue growth. Improvements in the distribution of our brands in

SALF reports 49% increase in first quarter net profits attributable to shareholders2018-02-08T20:33:23-05:00