CABROKERS reports 18% decline in year end net prof

March 2, 2021 Caribbean Assurance Brokers (CABROKERS), for the year ended December 31, 2020, reported revenue of $370.64 million compared to the $401.48 million booked for the prior year, an 8% decrease. For the quarter, revenue went up by 140% closing at $156.97 million (2019: $65.42 million). Other operating income totalled $26.28 million (2019: $33.75

CABROKERS reports 18% decline in year end net prof2021-03-02T14:34:06-05:00

CFF reports $82.30 million for year end net profit

March 02, 2021 Caribbean Flavours and Fragrances (CFF), revenues amounted to $593.75 million for the twelve months ended December 31, 2020, 28% up from $462.46 million booked 2019. For the quarter revenue rose by 36% to $141.85 million (2019: $104.02 million). Cost of sales amounted to $403.17 million (2019: $323.30 million), resulting in a gross

CFF reports $82.30 million for year end net profit2021-03-02T14:29:39-05:00

tTech reports 9% decrease in year end net profit

March 2, 2021 tTech Limited (tTech) for the twelve months ended December 31, 2020; booked a 6% increase in revenues to $359.48 million compared to $340.37 million for the prior financial year. Revenue for the quarter closed at $96.85 million relative to $78.28 million in 2019. Cost of sales rose by 20% to $113.99 million

tTech reports 9% decrease in year end net profit2021-03-02T14:37:43-05:00

KPREIT reports 72% decrease in year end net profit

March 02, 2021 Kingston Properties Limited, for the year ended December 31, 2020, reported Rental Income of USD$2.13 million, 26% more than the USD$1.69 million reported for 2019. Rental income for the fourth quarter amounted to USD$659,906 (2019: USD$427,249). Operating expenses rose 8% to USD$1.10 million relative to the USD$1.02 million posted for the same

KPREIT reports 72% decrease in year end net profit2021-03-02T12:16:02-05:00

BRG reports 60% decline in year end net profit

March 2, 2021 Berger Paints Jamaica Limited, for the year ended December 31, 2020 reported revenues of $2.37 billion relative to $2.53 billion in 2019, a 6% decrease year over year. As the for the fourth quarter, revenues decreased by 2%, from $891.54 million in 2019 to $876.91 million in 2020. The Company’s total expenses

BRG reports 60% decline in year end net profit2021-03-02T12:12:57-05:00

DTL reports 2% increase in year end net profit

March 2, 2021 Derrimon Trading Limited (DTL), for the year ended December 31, 2020, reported trading income of $12.78 billion compared to the $12.65 billion for the prior comparable period, a 1% increase. For the quarter, trading income went up by 1% closing at $3.16 billion (2019: $3.12 billion). Cost of sales contracted by a

DTL reports 2% increase in year end net profit2021-03-02T12:06:52-05:00

SELECTF reports year end net loss of $1.58 billion

March 02, 2021 Sagicor Select Fund Financial (SELECTF) for the year ended December 31, 2020 reported interest income of $1.23 million relative to interest income of $1.52 million twelve months earlier. Dividend income totalled $68.29 million for the year compared $104.23 million last year. Whereas other net changes in fair value amounted to a loss of $1.62

SELECTF reports year end net loss of $1.58 billion2021-03-02T11:15:14-05:00

JP reports 80% growth in year end profits attributable to shareholders

March 2, 2021 Jamaica Producers Group Limited (JP), for the year ended December 31, 2020, booked a 2% decrease in revenue to total $20.99 billion compared to the $21.46 billion reported in 2019. The Group posted a fourth quarter revenue of $6.16 billion, a 1% increase (2019: $6.08 billion). The Food and Drink Division reported

JP reports 80% growth in year end profits attributable to shareholders2021-03-02T14:41:21-05:00

EFRESH reports year end net loss of $181.14 million

March 2, 2021 Everything Fresh Limited (EFRESH) for the year ended December 31, 2020 revenue contracted by 52% for the period amounting to $1.05 billion, down from $2.20 billion reported a year ago. For the fourth quarter, revenues totaled $167.65 million, a 70% decrease when compared to last period’s $563.05 million. The company noted, “In

EFRESH reports year end net loss of $181.14 million2021-03-02T10:42:18-05:00

SELECTMD reports year end net loss of $677.59 million

March 2, 2021 Sagicor Select Fund Manufacturing & Distribution (SELECTMD) for the year ended December 31, 2020 reported, dividend income of $68.55 million for the year and $13.51 million last year. Whereas other net changes in fair value amounted to a loss of $718.12 million for the year relative to an income of $187.05 million

SELECTMD reports year end net loss of $677.59 million2021-03-02T10:18:48-05:00