February 16, 2018 The inflation for the month of January 2018 recorded a negligible movement following an upward movement of 0.6% in December 2017, according to The Statistical Institute of Jamaica (STATIN). The Consumer Price Index for the month remained flat at 248.6 relative to the 248.7 reported for December 2017. This was as a result
February 16, 2018 Productive Business Solutions Limited (PBS) for the year ended December 31, 2017, reported a 1% increase in revenues from US$171.13 million for the 2016 period to US$171.99 million in 2017. Direct expenses recorded a decline to close the period at US$98.09 million when compared to US$100.36 million for the same period of 2016.
February 16, 2018 Sweet River Abattoir & Supplies Company Limited (SRA) for the nine months ended December 31, 2017, recorded a 7% decline in revenue to $239.43 million relative to $257.10 million in the same period in 2016. Revenue for the quarter declined 6% to close at $73.98 million relative to $78.87 million. Cost of
Date: April 3, 2018 Kindly see audited results for ISP Finance Services Limited below: ISP Finance Services Limited (ISP), for the year ended December 31, 2017 reported Total Interest Income of $288.74 million compared to $231.80 million in 2016, an increase of 25%. For the fourth quarter, Total Interest income amounted to $78.04 million (2016: $63.01
Date: April 9, 2018 Kindly see audited results for General Accident Insurance Company Limited below: General Accident Insurance Company Limited (GENAC) For the year ended December 31, 2017 reported Gross premium written of $7.11 billion, 26% higher than the $5.65 billion reported for 2016. Reinsurance ceded rose 28% to close at $5.56 billion relative to
February 16, 2018 Interest income declined marginally by 6% during the three month period, amounting to $254.95 million relative to $270.27 million for the comparable period in 2016. Interest expense also declined to close at $174.17 million compared to $193.12 million in 2016. As a result, net interest income increased by 5% to $80.78 million
Date: April 3, 2018 Kindly see audited results for IronRock Insurance Company Limited below: IronRock Insurance Company Limited (ROC), for the year ended December 31, 2017 posted gross premium of $424.46 million relative $127.35 million; this represents a 233% increase. While for the fourth quarter gross premium was $167.19 million relative to $67.93 million for 2016.
Date: February 16, 2018 QWEST Corporation Limited, for the nine months ended December 31, 2017, reported total revenue booked for the nine months ended December 31, 2017 amounted to $61.58 million, a decrease of 2% when compared with the $62.79 million booked last year. Revenue fell by 11% or $2.65 million for the third
Date: April 3, 2018 Kindly see audited results for KEY Insurance Company below: KEY Insurance Company , for the year ended December 31, 2017, reported a 50% increase in net premiums written to $293.58 million from $195.21 million. For the year end, the company, reported a 44% increase in net premiums written to $930.30 million
February 15, 2018 138SL’s Income increased by 77% to $191.63 million relative to the $108.04 million recorded for the comparable period the prior year. The company noted that, “Revenue for the current quarter to December 31, 2017 was not at its optimum and was lower than expectations. Other Operating Income rose 3% to $7.27 million
