7 11, 2017

Seprod Reports 33% decline in nine months Net Profit Attributable to Shareholders

2017-11-07T22:04:02-05:00

For the Nine Months as at September 30, 2017: Revenue totalled $12.14 billion compared to the $11.10 billion recorded for the same period of the prior financial year; this represents a 9% increase year over year.  Revenue for the quarter totalled $3.77 billion a 8% increase relative to $3.50 billion the prior year. Cost of

Seprod Reports 33% decline in nine months Net Profit Attributable to Shareholders2017-11-07T22:04:02-05:00
7 11, 2017

SJ records 23% increase in nine months net profit

2017-11-07T18:44:51-05:00

Sagicor Group Jamaica Limited (SJ) for the nine months ended September 30, 2017 reported an 18% increase total revenues to $53.53 billion from $45.33 billion in 2016, while for the third quarter Total Revenues were up 42% to total $23.18 billion compared to $16.32 billion in 2016.Total revenue was broken down as follows; Net premium

SJ records 23% increase in nine months net profit2017-11-07T18:44:51-05:00
7 11, 2017

Overseas Headlines – November 07, 2017

2017-11-07T13:41:32-05:00

Dollar Gains as Treasury Yields Rise; Stocks Drift: Markets Wrap The dollar strengthened and U.S. Treasury yields rose as President Donald Trump called on North Korea to “make a deal” on its missile and nuclear program. European stocks fluctuated near a two-year peak following record gains in Asian markets. The Stoxx Europe 600 Index steadied,

Overseas Headlines – November 07, 20172017-11-07T13:41:32-05:00
6 11, 2017

AMG reports a 56% decline in year end profit

2017-11-06T22:33:16-05:00

AMG Packaging and Paper Company Limited (AMG) for the year ended August 2017 recorded turnover in the amount of $660.25 million (2016: $628.67 million), an increase of 5% when compared to 2016, while for the quarter turnover was up 5% to close at $173.23 million (2016: $165.36 million). Management noted, “it was another challenging year

AMG reports a 56% decline in year end profit2017-11-06T22:33:16-05:00
6 11, 2017

Special Advisory: Jamaican Teas Limited (JAMT)

2017-11-06T20:19:25-05:00

Jamaican Teas Limited (JAMT) has advised that its 8.5% Fixed and Floating Rate Secured Corporate Note (Note) will be fully redeemed on November 6, 2017.  Consequently, trading in the Note will be suspended on November 6, 2017 and not thereafter be resumed.  The security will be subsequently delisted.

Special Advisory: Jamaican Teas Limited (JAMT)2017-11-06T20:19:25-05:00
6 11, 2017

Special Advisory:Paramount Trading (Jamaica) Limited (PTL)

2017-11-06T20:17:08-05:00

Paramount Trading (Jamaica) Limited (PTL) has advised that the Company will be expanding its operations by offering chlorine and bleach products for contract manufacturing. The Company recently completed construction of the infrastructure required for a new chlorine and bleach plant at its 6 East Bell Road, Kingston 11 location, which will be outfitted with state

Special Advisory:Paramount Trading (Jamaica) Limited (PTL)2017-11-06T20:17:08-05:00