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16 11, 2017

PBS records US$3.56 million nine months total comprehensive loss attributable to shareholders

2017-11-16T20:32:59-05:00

Productive Business Solutions Limited (PBS) for the nine months ended September 30, 2017: Productive Business Solutions Limited (PBS) for the nine months ended September 30, 2017, reported a 2% decline in revenues from US$128.69 million for the 2017 period to US$125.64 million in 2017. While for the third quarter revenues totaled US$42.24 million relative to US$41.63

PBS records US$3.56 million nine months total comprehensive loss attributable to shareholders2017-11-16T20:32:59-05:00
16 11, 2017

DCOVE reported a 13% increase in net profits for nine month ended September 2017

2017-11-16T17:55:36-05:00

DCOVE For the nine months ended September 30, 2017:- Dolphin Cove (DCOVE) reported Total Revenue of US$13.03 million, an 8% increase when compared to US$12.04 million booked the year prior. Total Revenue for the quarter amounted to US$4.37 million (2016: US$3.93 million). According to the company “In the three-month period of 2017 revenue was up

DCOVE reported a 13% increase in net profits for nine month ended September 20172017-11-16T17:55:36-05:00
16 11, 2017

Overseas Headlines – November 16, 2017

2017-11-16T14:02:05-05:00

U.S.: U.S. Jobless Claims at Six-Week High Amid Holiday Volatility U.S. filings for unemployment benefits rose to a six-week high, a move that may partly owe to volatility around the Veterans Day holiday, Labor Department figures showed Thursday. Highlights of Jobless Claims (Week ended Nov. 11) Jobless claims increased by 10k to 249k (est. 235k)

Overseas Headlines – November 16, 20172017-11-16T14:02:05-05:00
15 11, 2017

PIOJ’S PRESS BRIEFING July – September 2017

2017-11-15T22:00:10-05:00

The Planning Institute of Jamaica (PIOJ) Review of Economic Performance July - September 2017 According to the PIOJ, real GDP grew by 0.9% relative to the comparative quarter in 2016. This was attributed to an estimated increase of 1.1% in the Services Industry and 0.1% increase the Goods Producing Industry. Within the Goods Producing Industry,

PIOJ’S PRESS BRIEFING July – September 20172017-11-15T22:00:10-05:00
15 11, 2017

JAMT reports 62% increase in net profit attributable to shareholders for the financial year

2017-11-16T20:33:47-05:00

Jamaican Teas Limited (JAMT) For the year ended September 30, 2017:- Revenues increased by 19% for the year to total $1.53 billion relative to $1.29 billion the prior year. Revenues from the Local Manufacturing segment closed at approximately $922.38 million relative to $800.17 million in 2016. Retail sales increased 6% to $410.21 million from $394.29

JAMT reports 62% increase in net profit attributable to shareholders for the financial year2017-11-16T20:33:47-05:00
15 11, 2017

GENAC reported a 75% decline in net profit for the nine months ended September 2017

2017-11-15T20:28:35-05:00

General Accident Insurance Company Limited (GENAC) For the year ended September 2017:- GENAC reported Gross premium written of $6.18 billion, 18% higher than the $5.23 billion reported for 2016. As a result, net premium written increased by 18% from $886.26 billion last year to $1.04 billion. Excess of loss reinsurance trended down by 1% to

GENAC reported a 75% decline in net profit for the nine months ended September 20172017-11-15T20:28:35-05:00
15 11, 2017

CAR reports 11% increase in second quarter profits

2017-11-16T20:34:25-05:00

Carreras Limited (CAR) For the six months ended September 31, 2017: Carreras Limited reported Operating Revenue of $6.06 billion, 5% less than the $6.37 billion booked in 2016. Revenue for the quarter increased by 7% compared to the corresponding Quarter in 2016 moving from $3.03 billion in 2016 to $3.25 billion in 2017. Although second quarter

CAR reports 11% increase in second quarter profits2017-11-16T20:34:25-05:00
15 11, 2017

PULS reported a 11% increase in net profit for first quarter ended September 2017

2017-11-15T17:43:36-05:00

Pulse Investments Limited (PULS) For the three months ended September 30, 2017 Operating Revenue has increased by $11.28 million to $119.38 million year to date relative to $108.10 million the prior year, this represents a 10% increase. Administrative and Other Expenses amounted to $46.27 million (2016: $44.55 million), an increase of 4%. As a result,

PULS reported a 11% increase in net profit for first quarter ended September 20172017-11-15T17:43:36-05:00
15 11, 2017

Overseas Headlines – November 15, 2017

2017-11-15T14:16:39-05:00

U.S.: U.S. consumer prices rise marginally, core CPI firming U.S. consumer prices barely rose in October as the boost to gasoline prices from hurricane-related disruptions to Gulf Coast oil refineries were unwound, but rising rents and healthcare costs pointed to a gradual buildup of underlying inflation. The Labor Department said on Wednesday its Consumer Price

Overseas Headlines – November 15, 20172017-11-15T14:16:39-05:00
15 11, 2017

KEY insurance reported a net loss of $17.71 million for nine months ended September 30, 2017

2017-11-15T02:17:35-05:00

KEY Insurance Nine months ended September 30, 2017   For the nine months ended September 30, 2017 results Key Insurance Company Limited (KEY), reported a 39% increase in net premiums written to $548.18 million from $394.01 million. While for the quarter net premium amounted to $197.26 million (2016: $135.06 million).   This was as a

KEY insurance reported a net loss of $17.71 million for nine months ended September 30, 20172017-11-15T02:17:35-05:00