17 03, 2020

LAB Reports 50% Increase First Quarter Net Profit

2020-03-17T12:28:00-05:00

March 17, 2020 The Limners and Bards Limited (LAB), for the first quarter ended January 30, 2020, reported a 39% increase in operating revenues to $263 million versus $189.37 million booked in 2019. Cost of operating revenue rose by 43% for the period to $172.72 million (2019: $121.17 million). Consequently, gross profit for the period

LAB Reports 50% Increase First Quarter Net Profit2020-03-17T12:28:00-05:00
16 03, 2020

CAC 2000 Limited (CAC) Results for the First Quarter ended January 31, 2020:

2020-03-16T19:21:32-05:00

March 16, 2020 CAC 2000 Limited (CAC) revenues for the first quarter ended January 31, 2020 increased 84% to $306.57 million relative to $166.43 million for the comparable period in 2019. CAC explained that, “the increased revenues and profits for this quarter demonstrates our recovery from the challenges arising from the road construction works in the

CAC 2000 Limited (CAC) Results for the First Quarter ended January 31, 2020:2020-03-16T19:21:32-05:00
16 03, 2020

INDIES reports a 16% decrease in first quarter net profits

2020-03-16T17:55:01-05:00

March 16, 2020 Indies Pharma Jamaica Limited reported revenue of $193.72 million, 15% higher than the $168.18 million booked in 2019. Cost of Sales increased 32% to close at $65.86 million (2019: $49.94 million). Gross profit increased by 8%, amounting to $127.86 million for the period relative to $118.24 million in 2019. Other operating income

INDIES reports a 16% decrease in first quarter net profits2020-03-16T17:55:01-05:00
16 03, 2020

Fed lowers target range for the federal funds

2020-03-16T09:25:57-05:00

March 16, 2020   The coronavirus outbreak to date has disrupted economic activity in many countries, harmed many communities and affected global financial conditions also.  The U.S. economy entered this challenging period on a solid foundation. The labour market has strengthened through February as economic activity gained momentum at a modest rate according to data

Fed lowers target range for the federal funds2020-03-16T09:25:57-05:00
13 03, 2020

U.S. import prices fell 0.5% while export prices decreased 1.1% in February 2020

2020-03-13T15:02:29-05:00

March 13, 2020 February’s import prices fell 0.5%, according to the U.S. Bureau of Labor Statistics after rising 0.1% the previous month. This decline was mostly attributable to the falling prices in fuel imports which more than offset the higher prices in non-fuel imports. Nonetheless, export prices decreased 1.1% in February relative to a 0.6%

U.S. import prices fell 0.5% while export prices decreased 1.1% in February 20202020-03-13T15:02:29-05:00
12 03, 2020

DCOVE reports 31% decline in year end net profits

2020-03-12T16:20:22-05:00

March 12, 2020 Expressed in United States Dollars unless otherwise stated Dolphin Cove (DCOVE) reported total revenue of US$14.87 million, a 0.12% decrease when compared to US$14.89 million booked the year prior. For the quarter total revenues declined by 1% to close the period at US$3.23 million versus $3.27 million in the previous year. Revenue

DCOVE reports 31% decline in year end net profits2020-03-12T16:20:22-05:00
12 03, 2020

SGJ reports 23% decline in first quarter net profit attributable to shareholders

2020-03-12T11:24:41-05:00

March 12, 2020 Scotia Group Jamaica Limited (SGJ) for the three months ended January 31, 2020, reported a decline in net interest income to $6.17 billion, relative to $6.20 billion for the corresponding period in 2019.  Interest expenses declined by 8.41% to total $627.92 million (2019: $685.61 million). Interest income for the quarter decreased from

SGJ reports 23% decline in first quarter net profit attributable to shareholders2020-03-12T11:24:41-05:00
11 03, 2020

LUMBER reports six months net profit of $37.48 million

2020-03-12T09:13:20-05:00

Date: March 11, 2020 **Prior year period, 2019, was calculated using Segment Report information from Blue Power Group Limited’s Financial Statements: The Lumber Depot Limited (LUMBER), for the six months ended January 31, 2020, reported revenue of $628.40 million, an increase of 6% year over year (2019: $591.69 million). Cost of sales for the period

LUMBER reports six months net profit of $37.48 million2020-03-12T09:13:20-05:00
11 03, 2020

Honey Bun increased export sales by 40%

2020-03-11T16:01:26-05:00

March 11, 2020 HONBUN experienced double digit improvements in the Company’s top and bottom line as a direct result of expenditure in high capacity machinery and the renewed push into export sales which grew by 40%, according to Chairman, Herbert Chong. The Company’s Chief Executive Officer (CEO), Mrs. Michelle Chong, highlighted that for the 2019

Honey Bun increased export sales by 40%2020-03-11T16:01:26-05:00
9 03, 2020

KLE reports year end net loss of $16.81 million

2020-03-09T15:18:08-05:00

March 09, 2020 K.L.E Group Limited (KLE), for the year ended December 31, 2019, recorded total revenue of $224.57 million (2018: $219.93 million), representing a 2% increase. Whereas revenue, for the fourth quarter ended December 31, 2019, rose 12% to $70.68 million (2018: $63.28 million). Notably, KLE mentioned that, “Revenue is directly related to sales from

KLE reports year end net loss of $16.81 million2020-03-09T15:18:08-05:00