31 07, 2019

SVL reports 19% increase in six months net profits

2019-07-31T21:43:37-05:00

Date: July 31, 2019 Supreme Ventures Limited (SVL), for the six months ended June 30, 2019, reported a 15% increase in ‘Total Gaming Revenue’ from $16.12 billion in 2018 to $18.62 billion in 2019. For the quarter, ‘Total Gaming Revenue’ closed at $9.31 billion (2018: $8.06 billion). “Lotteries, PINs, Sports Betting and Horseracing recorded double

SVL reports 19% increase in six months net profits2019-07-31T21:43:37-05:00
31 07, 2019

FOMC lowers federal funds rate

2019-07-31T21:05:29-05:00

July 31, 2019   Based on information collected since the Federal Open Market Committee (FOMC) met in June 2019, the findings alluded to a strong labour market with a moderate rise in economic activity. Solid job gains were reported in recent months while the unemployment rate remained subdued. However the growth of business fixed investment

FOMC lowers federal funds rate2019-07-31T21:05:29-05:00
30 07, 2019

SJ’s reports a 35% increase in six months net profits

2019-07-30T21:39:13-05:00

Date: July 30, 2019  Sagicor Group Jamaica Limited (SJ) for the six months ended June 30, 2019,  Total Revenues increased by 33% to $42.59 billion from $32.02 billion in 2018, while for the second quarter Total Revenues improved 39% to total $22.47 billion compared to $16.20 billion in 2017. Total revenue year to date was

SJ’s reports a 35% increase in six months net profits2019-07-30T21:39:13-05:00
30 07, 2019

U.S. Personal Income rose $83.6 billion

2019-07-30T16:25:52-05:00

Date: July 30, 2019 In June, personal income rose  $83.6 billion (0.4%) according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) climbed $69.7 billion (0.4%) and personal consumption expenditures (PCE) grew $41.0 billion (0.3%). Real DPI rose 0.3% in June and Real PCE climbed 0.2%. The PCE price index

U.S. Personal Income rose $83.6 billion2019-07-30T16:25:52-05:00
30 07, 2019

CCC reports 48% increase in six months net profits

2019-07-30T14:31:57-05:00

Date: July 30, 2019  Caribbean Cement Company Limited (CCC) for the six months ended June 30, 2019, reported total revenue of $9.13 billion, 4% increase from $8.77 billion reported a year ago. Earnings before interest, tax, depreciation & amortization (EBITDA) amounted to $3.69 billion, an increase of 60% relative to $2.30 billion for the prior

CCC reports 48% increase in six months net profits2019-07-30T14:31:57-05:00
26 07, 2019

Mayberry Investments Limted (MIL) Q2 2019 Unaudited Financial Results

2019-07-26T23:14:19-05:00

July 26, 2019 Please click link below for Mayberry Investments Limited (MIL) six months results ended June 30,  2019. Mayberry Investments Ltd. - Q2 2019 results   The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure,

Mayberry Investments Limted (MIL) Q2 2019 Unaudited Financial Results2019-07-26T23:14:19-05:00
26 07, 2019

LAB reports 8% increase in six months net profit

2019-07-26T21:58:48-05:00

Date: July  26, 2019 The Limner and Bards Limited (LAB), for the six months ended April 30, 2019, reported a 28% increase revenues to $334.48 million versus $260.64 million booked in 2018. Revenues for the quarter rose by 7% to $145.11 million (2018: $136.19 million). Cost of operating revenue rose by 30% for the period

LAB reports 8% increase in six months net profit2019-07-26T21:58:48-05:00
26 07, 2019

WIG reports 4% increase in year end sales

2019-07-26T21:58:15-05:00

Date: July 26, 2019 Wigton Windfarm Limited, for the year ended March 31, 2019, reported sales of $2.48 billion, a 4% increase on the $2.36 billion reported in the prior year. For the quarter, sales amounted to $494.04 million (2018: $447.80 million). Cost of sales went up 5% to close the year end at $740.16

WIG reports 4% increase in year end sales2019-07-26T21:58:15-05:00
26 07, 2019

Producer Price Index declined 0.5% for June 2019

2019-07-26T18:12:16-05:00

Date: July 26, 2019 The Producer Price Index for the Mining and Quarrying industry posted a decline by 0.5% for June 2019. The movement was a result of the major group, ‘Bauxite Mining & Alumina Processing’ which experienced a similar decline of 0.05% according to Statistical Institute of Jamaica (STATIN). The Manufacturing industry slid 1.5

Producer Price Index declined 0.5% for June 20192019-07-26T18:12:16-05:00
26 07, 2019

NCBFG reports 27% increase in nine months net interest income

2019-07-26T03:08:43-05:00

July 25, 2019   NCB Financial Group Limited (NCBFG), for the nine months ended June 30, 2019, reported a 27% increase in net interest income relative to the corresponding period in 2018, to total $32.36 billion (2018: $25.42 billion). The movement according to management was due to, “growth in our loan portfolio, the consolidation of

NCBFG reports 27% increase in nine months net interest income2019-07-26T03:08:43-05:00