GENAC reported a 75% decline in net profit for the nine months ended September 2017

General Accident Insurance Company Limited (GENAC) For the year ended September 2017:- GENAC reported Gross premium written of $6.18 billion, 18% higher than the $5.23 billion reported for 2016. As a result, net premium written increased by 18% from $886.26 billion last year to $1.04 billion. Excess of loss reinsurance trended down by 1% to

GENAC reported a 75% decline in net profit for the nine months ended September 20172017-11-15T20:28:35-05:00

CAR reports 11% increase in second quarter profits

Carreras Limited (CAR) For the six months ended September 31, 2017: Carreras Limited reported Operating Revenue of $6.06 billion, 5% less than the $6.37 billion booked in 2016. Revenue for the quarter increased by 7% compared to the corresponding Quarter in 2016 moving from $3.03 billion in 2016 to $3.25 billion in 2017. Although second quarter

CAR reports 11% increase in second quarter profits2017-11-16T20:34:25-05:00

PULS reported a 11% increase in net profit for first quarter ended September 2017

Pulse Investments Limited (PULS) For the three months ended September 30, 2017 Operating Revenue has increased by $11.28 million to $119.38 million year to date relative to $108.10 million the prior year, this represents a 10% increase. Administrative and Other Expenses amounted to $46.27 million (2016: $44.55 million), an increase of 4%. As a result,

PULS reported a 11% increase in net profit for first quarter ended September 20172017-11-15T17:43:36-05:00

Overseas Headlines – November 15, 2017

U.S.: U.S. consumer prices rise marginally, core CPI firming U.S. consumer prices barely rose in October as the boost to gasoline prices from hurricane-related disruptions to Gulf Coast oil refineries were unwound, but rising rents and healthcare costs pointed to a gradual buildup of underlying inflation. The Labor Department said on Wednesday its Consumer Price

Overseas Headlines – November 15, 20172017-11-15T14:16:39-05:00

KEY insurance reported a net loss of $17.71 million for nine months ended September 30, 2017

KEY Insurance Nine months ended September 30, 2017   For the nine months ended September 30, 2017 results Key Insurance Company Limited (KEY), reported a 39% increase in net premiums written to $548.18 million from $394.01 million. While for the quarter net premium amounted to $197.26 million (2016: $135.06 million).   This was as a

KEY insurance reported a net loss of $17.71 million for nine months ended September 30, 20172017-11-15T02:17:35-05:00

RJR reports $35 million six month net loss

RJRGLEANER Communications Group (RJR)   Results for the six months ended September  30, 2017: Revenues for the six months declined by 7% to $2.48 billion compared to $2.66 billion for the comparable period the prior year. The quarter also had a 7% decline to $1.26 billion (2015: $1.36 billion). “The Group’s results were impacted by

RJR reports $35 million six month net loss2017-11-16T20:34:45-05:00

tTech reports 32% reduction in nine months net profit

tTech reports 32% decline in nine months net profit tTech Limited (tTech) for the nine months ended September 30, 2017: booked a 2% decline in operating revenues for the period to $163.63 million compared to $166.15 million for the corresponding period last year. Revenue for the quarter contracted 8% from $60.58 million in September 2016

tTech reports 32% reduction in nine months net profit2017-11-16T20:35:11-05:00

CPJ reported US$408,491 in net profit attributable to shareholders for first quarter of 2018FY

CPJ Three months ending September 30, 2017 Caribbean Producers Jamaica Limited (CPJ) in United States dollars (except where it is indicated otherwise): Revenues grew 15% year on year, to close the period at $24.30 million compared to the $21.05 million for the same period last year. According to the company “the increase was primarily driven

CPJ reported US$408,491 in net profit attributable to shareholders for first quarter of 2018FY2017-11-15T01:47:05-05:00

BIL reports 17% reduction in nine months net profit.

Barita Investments Limited (BIL): For the year ended September 30, 2017:- Interest income grew by 17% during the twelve-month period, amounting to $1.49 billion relative to $1.26 billion for the comparable period in 2016. Interest expense also rose by 33% to close at $1.19 billion compared to $898.37 million in 2016. As a result, net

BIL reports 17% reduction in nine months net profit.2017-11-16T20:35:37-05:00

CWJ reports $688 million nine months net loss

Cable & Wireless Jamaica Limited (CWJ) For the six months ended September 30, 2016 Revenue for the period increased by 9% to $20.03 billion relative to $18.34 billion last year. Revenue for the quarter totalled $6.83 billion a 13% increase year over year (2016: $6.04 billion). “This improvement was driven chiefly by our customers demand

CWJ reports $688 million nine months net loss2017-11-15T01:40:59-05:00