CWJ reports 9% increase in Revenue

  Date: March 2, 2018 For the twelve months ended December 31, 2017, Cable & Wireless Jamaica Limited (CWJ) reported revenue for the period was booked at $27.17 billion, a 9% increase relative to the $25.04 billion last year. CWJ noted that this increase was “primarily driven by the Mobile revenue growth of 18% (on

CWJ reports 9% increase in Revenue2018-03-02T16:10:38-05:00

KW reports 25.9% increase in year end net profit.

March 02, 2018 Kingston Wharves Limited (KW) for the year ended December 31, 2017 reported total revenue of $6.37 billion, a 17.7% or $959.3 million increase relative to the $5.41 billion recorded for the corresponding period in 2016. Revenue for the quarter amounted to $1.85 billion, an 18.8% increase relative to the $1.55 billion recorded

KW reports 25.9% increase in year end net profit.2018-03-02T15:57:54-05:00

VMIL reports 9.1% increase in net proft.

March 02,2018 Victoria Mutual Investments (VMIL) for the year ended December 31, 2017 reported total interest income of $735.67 million, a marginal increase of 0.4% relative to the $732.75 million recorded for the corresponding period in 2016. Interest expense for the period amounted to $488.68 million, relative to the $481.99 million recorded in 2016. As

VMIL reports 9.1% increase in net proft.2018-03-02T15:56:10-05:00

Overseas Headlines – March 2,2018

March 02,2018  United States: Stocks SINK, Bonds Rally on Trump's Metals Duties: Markets Wrap  U.S. stocks plunged and Treasuries climbed Thursday after U.S. President Donald Trump promised to impose substantial tariffs on foreign metals, drawing a rebuke from a manufacturing industry group and the European Commission. The S&P 500 Index briefly fell below its 100-day

Overseas Headlines – March 2,20182018-03-02T12:21:30-05:00

SVL reports a 2% increase in year end net profit

March 01, 2018 Supreme Ventures Limited (SVL) for the year ended December 31, 2017 reported a 25% in revenues from $44.92 billion for the 2016, up to $56.19 billion in 2017. While for the fourth quarter revenues totaled $14.95 million relative to $11.87 million in 2016.SVL noted,  “2017 was a year of significant growth for Supreme

SVL reports a 2% increase in year end net profit2018-03-02T01:34:17-05:00

SOS books 78% increase in year end net profit

March 01, 2018 SOS reported year end revenue of $906.51 million relative to 702.07 million in 2016, a 29% increase, while for the fourth quarter revenues amounted to $241.63 million (2016: $178.35 million). The company’s cost of sales totaled $483.49 million up 33% relative to the $363.40 million reported in 2016. As a result gross

SOS books 78% increase in year end net profit2018-03-02T01:28:04-05:00

FOSRICH reports 81% increase in Net Profits

Date: March 1, 2018 FosRich Company Limited (FOSRICH) for the twelve months ended December 31, 2017 booked a 9% decrease in revenue to total $1.05 billion compared to $1.16 billion for the same period in 2016. Cost of sales for the year showed a reduction of 17%, moving from $686.66 million to $573.01 million. Despite

FOSRICH reports 81% increase in Net Profits2018-03-02T01:04:28-05:00

Daily Market Summary March 1, 2018

Daily Market Summary 1.03.18 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 prohibited and may be unlawful. Mayberry may

Daily Market Summary March 1, 20182018-03-01T20:50:37-05:00

GK reports 5% increase in year end net profit

Grace Kennedy Limited (GK), for the year ended December 31, 2017, recorded revenue of $92.48 billion for  2017 (2016: $88.27 billion), a year over year increase of 5%. For the quarter, the company increased revenue by 7% to total $23.18 billion (2016: $21.62 billion). The biggest contributor to the group’s overall revenue for the year

GK reports 5% increase in year end net profit2018-03-02T20:34:23-05:00

U.S. National Income and Product Accounts Gross Domestic Product: Fourth Quarter and Annual 2017

March 01, 2018 Fourth Quarter GDP Real gross domestic product (GDP) increased at an annual rate of 2.5% in the fourth quarter of 2017, the Bureau of Economic Analysis reported on the 28th February 2018. This was a .7% decrease from the growth rate of 3.2% reported for the third quarter in 2017. The deceleration

U.S. National Income and Product Accounts Gross Domestic Product: Fourth Quarter and Annual 20172018-03-01T19:48:16-05:00