ISP reports 75% increase in first quarter net profit

May 15, 2019   ISP Finance Services Limited (ISP)for the three months ended March 31, 2019, reported total interest income of $86.23 million compared to $70.46 million in 2018, an increase of 22%. Total income is broken down as follows: Interest expense totaled $7.59 million relative to $5.63 million in 2018; this represents a 35%

ISP reports 75% increase in first quarter net profit2019-05-16T05:21:53-05:00

JETCON reports 66% decrease in first quarter net profit

May 15, 2019 Jetcon Corporation Limited (JETCON) for the three months ended March 31, 2019, reported a 20% fall in turnover to $246.07 million (2018: $305.94 million). According to the Company, “We attribute the fall in sales to customers realigning their finances to qualify for mortgages as the housing market gains strength and persons to

JETCON reports 66% decrease in first quarter net profit2019-05-16T05:22:01-05:00

HONBUN reports 75% increase in six months net profit

Date: May 15, 2019 Honey Bun (1982) Limited for the six months period reported revenues of $775.48 million, up from $674.74 million reported a year ago. For the quarter, revenues grew by 16% to $406.47 million (2018: $351.91 million). HONBUN stated that, “Revenues from export sales have increased by 16% over the prior period. The

HONBUN reports 75% increase in six months net profit2019-05-16T05:22:09-05:00

PAL reports 20% decline in nine months net profit attributable to shareholders

Date: May 15, 2019  Palace Amusement Company (PAL) for the nine months ended March 31, 2019 reported total revenues of $774.64 million, a 7% decline when compared with the $835.96 million recorded for corresponding period in 2018. Total revenue for the quarter declined 26% to total $254.55 million relative to the $342.98 million recorded for

PAL reports 20% decline in nine months net profit attributable to shareholders2019-05-16T05:22:15-05:00

SML reports 546% increase in first quarter net profits

Date: May 15, 2019 Stanley Motta Limited (SML), for the three months ended March 31, 2019 booked a 135% increase in revenue to total $96.86 million compared to $41.17 million for the same period in 2018. The Company mentioned that, “this was due to increased rental space.” Administrative expenses amounted to $23.03 million (2018: $15.95

SML reports 546% increase in first quarter net profits2019-05-16T05:22:22-05:00

PBS reports three months loss attributable to shareholders of US$385,000

Date: May 15, 2019 Productive Business Solutions Limited (PBS) for the three months ended March 2019 reported a 5% increase in revenues from US$41.51 million for the 2018 period to US$43.56 million in 2019. Direct expenses increased 9% to close the period at US$24.83 million when compared to $22.77 million for the same period of

PBS reports three months loss attributable to shareholders of US$385,0002019-05-16T05:22:29-05:00

IronRock reports first quarter losses of $9.74 million

May 14, 2019   IronRock Insurance Company Limited (ROC) for the year three months ended March, 2019 posted gross premium of $120.78 million relative $155.02 million; this represents a 22% decrease. According to ROC, “The reduction is due primarily to our reassessment of portfolio risk, which resulted in the non-renewal of several large accounts and secondly,

IronRock reports first quarter losses of $9.74 million2019-05-15T00:34:02-05:00

FTNA reports 11% increase in nine months net profit

May 14, 2019 Fontana Limited (FTNA) for the nine months ended March 31, 2019, recorded a 7% increase in revenues to total $3.11 billion compared to $2.90 billion for the same period in 2018. Revenue for the third quarter went up by 7% to $9.51 million (2017: $890.28 million). Cost of Sales for the period increased 6%, closing at

FTNA reports 11% increase in nine months net profit2019-05-30T15:07:13-05:00

SRA reports net loss of $27.96 million for the year ended March 31, 2019

Date: May 14, 2019 Sweet River Abattoir & Supplies Company Limited (SRA) for the year ended March 31, 2019 recorded a 19% decline in revenue to $245.12 million relative to $304.41 million in the same period in 2018. Revenue for the quarter went down 28% to close at $46.60 million relative to $64.99 million in

SRA reports net loss of $27.96 million for the year ended March 31, 20192019-05-14T22:41:14-05:00

KW reports 23% increase in three months net profits

Date: May 14, 2019  Kingston Wharves Limited (KW) for the three ended March 31, 2019 reported total revenue of $1.83 billion, a 12% increase relative to the $1.63 billion recorded for the corresponding period in 2018. The company noted, “The Terminal Operations division generated operating revenue of $1,455 million for the three-month period, an increase

KW reports 23% increase in three months net profits2019-05-14T21:56:06-05:00