15 11, 2017

PAL reports 247% increase first quarter net profit

2017-11-15T01:18:48-05:00

The Palace Amusement Company (1921) Limited (PAL) for the three months ended September 30, 2017 booked an 12% improvement in revenue to $259.96 million (2016: $231.84 million), while Direct Expenses increased by 9% to $204.66 million (2016: $187.09 million). As a result, Gross Profit increased by 24% to $55.30 million (2016: $44.75 million) Other Operating

PAL reports 247% increase first quarter net profit2017-11-15T01:18:48-05:00
15 11, 2017

JMMBGL reports 17% decline in net profit attributable to shareholders

2017-11-15T01:02:42-05:00

JMMB Group Limited - (JMMBGL) for the six months ended September 30, 2017 booked Net interest income of $3.76 billion compared to $3.26 billion in 2016, an increase of 15%. This as interest income grew by 8% to close at $7.83 billion, from the $7.26 billion booked in 2016, while interest expenses increased by 2%

JMMBGL reports 17% decline in net profit attributable to shareholders2017-11-15T01:02:42-05:00
14 11, 2017

KW reports 36% increase in nine months net profit

2017-11-14T14:56:01-05:00

Kingston Wharves Limited (KW) for the nine months ended September 30, 2017 recorded revenue of $4.52 billion, a 17% increase when compared to $3.85 billion for the same period last year, while revenue for the third quarter grew 14% to $1.58 billion (2016: $1.38 billion). This as both the company’s ‘Terminal Operations’ and ‘Logistics &

KW reports 36% increase in nine months net profit2017-11-14T14:56:01-05:00
13 11, 2017

LASF reported a 66% increase in net profit for six months end September 2017

2017-11-13T16:17:48-05:00

Lasco Financial Services Limited (LASF) For the six months ended September 30, 2017: - LASF recorded trading income of $681.28 million; this represented a growth of 35% when compared to $506.21 million posted in 2016, while trading income for the quarter amounted to $378.6 million (2016: $268.73 million). Other income amounted to $33.93 million, an

LASF reported a 66% increase in net profit for six months end September 20172017-11-13T16:17:48-05:00
13 11, 2017

Featured Stock: JMMBGL

2017-11-13T14:36:52-05:00

Please click below to view today’s Featured Stock. Weekly Picks 13.11.17 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, copying, distribution or taking any action in reliance on the contents of this information is strictly

Featured Stock: JMMBGL2017-11-13T14:36:52-05:00
10 11, 2017

SVL reports a 56% increase in nine months net profit

2017-11-10T21:47:33-05:00

Supreme Ventures Limited (SVL) for the nine months ended September 30, 2017 reported a 25% in revenues from $41.24 billion for the 2017 period, up from $33.06 billion in 2016. While for the third quarter revenues totaled $13.87 million relative to $10.90 million in 2016. Revenues from the company’s segments were as follows: Lottery -

SVL reports a 56% increase in nine months net profit2017-11-10T21:47:33-05:00
10 11, 2017

NCBFG setting the bar higher

2017-11-13T14:34:32-05:00

At NCBF’s fourth investor briefing for the 2017 financial year,  NCB Group Finance and Deputy Managing Director, Dennis Cohen gave a brief review of the Group’s record performance in 2017 and non-financial highlights.  NCBFG for the 2017FY produced record profits for both the Group and for a listed company on the Jamaica Stock Exchange (JSE).

NCBFG setting the bar higher2017-11-13T14:34:32-05:00
10 11, 2017

NCBFG reports a 32% growth in year-end profits

2017-11-10T21:30:39-05:00

NCB Financial Group Limited (NCBFG) for year ended September 31, 2017, recorded a 6% increase in Net Interest Income relative to the corresponding period in 2016, to total $29.76 billion (2016: $28.12 billion). For the quarter Net Interest Income also improved 6% to close at $7.57 billion (2016: $7.13 billion).  Interest Income for the year

NCBFG reports a 32% growth in year-end profits2017-11-10T21:30:39-05:00
9 11, 2017

XFUND reports 40% increase in nine months Net Profits.

2017-11-09T19:24:33-05:00

Sagicor Real Estate X Fund Limited (XFUND) for the nine months ended September 30, 2017, Total Revenue grew 20% to $9.97 billion (2016: $8.30 billion). According to the company the increase in revenue for the period was due to “improved occupancy and room rates over 2016”. For the quarter the company’s total revenue however increased 54% to

XFUND reports 40% increase in nine months Net Profits.2017-11-09T19:24:33-05:00
8 11, 2017

Net International Reserves – October 2017

2017-11-08T18:03:22-05:00

Jamaica’s Net International Reserves totaled US$3,084.98 million as at October 2017, reflecting a decrease of US$52.16 million relative to the US$3,137.14 million reported as at the end of September 2017 (see figure 1). Changes in the NIR resulted from a 1% or US$55.68 decline in Foreign Assets  to total US$3,659.26 million compared to US$3,714.94 million

Net International Reserves – October 20172017-11-08T18:03:22-05:00