November 13, 2020 Victoria Mutual Investments (VMIL) reported total interest income of $733.45 million, an increase of 19% relative to the $615.37 million recorded for the corresponding period in 2019. Interest income for the quarter improved 26% to $271.71 million relative to $216.96 million in 2019. Interest expense for the nine months amounted to $481.33
November 13, 2020 Net Interest Income increased by 18%, relative to 2019, to total $52.49 billion (2019: $44.60 billion). While, for the quarter, net interest income closed at $14.85 billion (2019: $14.34 billion). Net Fees and Commission Income amounted to $21.37 billion, an increase of 11% on 2019’s $19.18 billion. NCBFG indicated, “improvements in net
November 12, 2020 Jamaica Stock Exchange Limited (JSE), for the nine months ended September 30, 2020 recorded total revenue of $1.26 billion, a 9% decrease when compared to the $1.39 billion booked for the prior year’s similar period. While total revenue for the quarter amounted to $373.24 million (2019: $515 million). Of this: Cess income fell by 55%
November 12, 2020 In United States dollars (except where it is indicated otherwise) Sygnus Credit Investments Limited, for the three months ended September 30, 2020 reported Interest Income of approximately US$1.70 million, a 51% increase on the US$1.13 million recorded in 2019. Interest expense for the quarter amounted to US$412,546 (2019: US$40,937), resulting in net
November 12, 2020 SSL Venture Capital Jamaica Limited (SSLVC), for the three months ended September 30, 2020, reported revenues of $18.25 million compared to $51.03 million in the prior year. Cost of sales for the quarter amounted to $18.07 million (2019: $34.71 million), resulting in a gross profit of $179,632 relative to $16.32 million booked
November 12, 2020 Sagicor Group Jamaica (SJ) Financial Statements for the Nine Months Ended September 30, 2020: Sagicor Group Jamaica (SJ), for the nine months ended September 30, 2019 reported a 10% decrease total revenues to $60.24 billion from $67.51 billion in 2019, while for the third quarter total revenues were down 14% to total $21.39
United States: Biden Will Need to Repair a Global Economic Order Trump Damaged “If Donald Trump has illustrated anything as president, it’s that the postwar global economic order is more fragile than anyone thought. Think of America’s trading relationships and rank in the world as a painstakingly assembled collection of delicate pottery that for generations
November 11, 2020 Kingston Wharves Limited (KW) Unaudited Financial Statements for the Nine Months Ended September 30, 2020: For the nine months ended September 30, 2020, Kingston Wharves’ revenue totaled $5.11 billion an 11% decrease when compared to $5.72 billion for the corresponding period of the prior year, while revenue for the third quarter fell 9%
November 11, 2020 Wigton Windfarm Limited, for the six months ended September 30, 2020, reported sales of $1.36 billion, a 7% decline on the $1.47 billion reported in the prior year. Revenue for the quarter declined 3% to $612.85 million (2019: $632.34 million). WIG noted that, “the decrease in revenue was due to the decrease
November 11, 2020 Fosrich Company Limited (FOSRICH), for the nine months ended September 30, 2020, reported a turnover growth of 17% year on year, to close the period at $1.39 billion compared to the $1.19 billion for the same period last year. For the third quarter, the company posted an increase of 21% in revenues
