15 02, 2022

138SL reports 10% decline in three months net profit

2022-02-15T11:04:29-05:00

February 15, 2022 138SL’s Revenue increased by 8% to $276.27 million relative to the $255.56 million recorded for the corresponding period last year. Other operating income for the period under review fell by 87% to $2.62 million compared to $20.53 million a year earlier. Administrative expenses declined by 5% to amount to $134.50 million (2020:

138SL reports 10% decline in three months net profit2022-02-15T11:04:29-05:00
15 02, 2022

SML reports year end net profit of $908.20 million

2022-02-15T11:00:38-05:00

February 14, 2022 Stanley Motta Limited (SML) for the year ended December 31, 2021, booked an 8% increase in revenue to total $492.92 million compared to $458.18 million for the same period in 2020. For the quarter, revenue increased by 8% to $125.95 million in 2021 compared to $117.04 million the previous year. SML indicated that,

SML reports year end net profit of $908.20 million2022-02-15T11:00:38-05:00
15 02, 2022

Sygnus reports 95% increase in six months net profit

2022-02-15T10:08:35-05:00

February 15, 2022 In United States dollars (except where it is indicated otherwise): Sygnus Credit Investments Limited, for the six months ended December 31, 2021, reported Interest Income of US$4.70 million 31% increase on the US$3.60 million recorded in 2020. For the quarter, Interest Income rose 29% to US$2.46 million (2020: US$1.90 million). Interest expense

Sygnus reports 95% increase in six months net profit2022-02-15T10:08:35-05:00
15 02, 2022

Overseas Headlines – February 15, 2022

2022-02-15T08:48:55-05:00

United States: Fed’s Bullard Urges Front-Loading Hikes to Ensure Inflation Credibility “Federal Reserve Bank of St. Louis President James Bullard said the U.S. central bank needs to move forward its plans to raise interest rates to underline the Fed’s inflation-fighting credibility. “I do think we need to front-load more of our planned removal of accommodation

Overseas Headlines – February 15, 20222022-02-15T08:48:55-05:00
14 02, 2022

GENAC reports 78% increase in year end net profits attributable to shareholders

2022-02-14T21:17:54-05:00

February 14, 2022 General Accident Insurance Company Limited (GENAC), for the year ended December 31, 2021 reported gross premium written of $13.96 billion, 16% higher than the $12.05 billion reported for 2020. Reinsurance ceded also rose by 16% to close at $10.48 billion relative to $9.07 billion booked in 2020. Excess of loss reinsurance trended

GENAC reports 78% increase in year end net profits attributable to shareholders2022-02-14T21:17:54-05:00
14 02, 2022

CAR reports 18% increase in nine months net profit

2022-02-14T20:28:49-05:00

February 14, 2022 Carreras Limited, for the nine months ended December 31, 2021, reported Operating Revenue of $11.72 billion, a 15% increase relative to $10.16 billion booked in 2021. Revenue for the quarter closed at $4.53 billion, compared to $4 billion reported for the second quarter of 2020. Cost of Operating Revenue rose year over year by

CAR reports 18% increase in nine months net profit2022-02-14T20:28:49-05:00
14 02, 2022

PROVEN reports 60% increase in nine months net profit attributable to shareholders

2022-02-14T20:23:51-05:00

February 14, 2022 In United States dollars (except where it is indicated otherwise) Proven Investments Limited (PROVEN) for the nine months ended December 31, 2021 reported interest income of $8.37 million, a 2% decrease when compared with the $8.54 million reported for the same period in 2020. Interest expense for the period amounted to $5.43 million, a 14% decrease when

PROVEN reports 60% increase in nine months net profit attributable to shareholders2022-02-14T20:23:51-05:00
14 02, 2022

MDS reports 517% increase in nine months net profit

2022-02-14T19:23:53-05:00

February 14, 2022 Medical Disposables & Supplies Limited, for the nine months ended December 31, 2021 reported Revenue amounting $2.49 billion, an increase of 41%, relative to $1.77 billion booked the previous year. For the third quarter revenues totaled $874.63 million up 40% year over year (2020: $626.08 million). MDS noted, “This increase in sales

MDS reports 517% increase in nine months net profit2022-02-14T19:23:53-05:00
14 02, 2022

JMMBGL reports 115% increase in nine months net profit attributable to the shareholders

2022-02-14T11:15:28-05:00

February 14, 2022 JMMB Group Limited (JMMBGL) for the nine months ended December 31, 2021 recorded net interest income of $8.98 billion, an 18% increase when compared with $7.58 billion recorded for the corresponding period in 2020. Interest expenses increased 26% to total $11.68 billion relative to the $9.24 billion recorded for the same period in 2020. Net

JMMBGL reports 115% increase in nine months net profit attributable to the shareholders2022-02-14T11:15:28-05:00
14 02, 2022

ELITE reports six months net profit of $6.75 million

2022-02-14T11:13:39-05:00

February 14, 2022 Elite Diagnostic Limited booked a 22% increase in revenue to total $288.37 million from $236.07 million booked the same period in 2020. Revenue for the second quarter rose by 17% to $147.54 million (2020: $126.36 million). Direct costs for the period increased 13%, closing at $97.19 million, up from $86.31 million reported the prior year, while

ELITE reports six months net profit of $6.75 million2022-02-14T11:13:39-05:00