Revenue amounted to US$6.53 million, 5% less than the US$6.86 million recorded for the prior financial year. Cost of sales amounted to US$2.03 million relative to US$2.81 million recorded the previous year. This resulted in gross profit of US$4.51 million, a decline of 6% compared to the US$4.77 million reported in 2016. Total expenses
The International Monetary Fund (IMF) recently concluded its visit to Jamaica and announced, “all quantitative performance criteria and structural benchmarks as at June 2017 were met.” The IMF noted, “the Jamaican economy is rebounding, despite weather swings” and the passing of the pension bill and public sector wage negotiations are crucial for “budgetary certainty and
U.S.: U.S. industrial output, sapped by Harvey, falls for first time since January U.S. industrial output fell in August for the first time since January as Hurricane Harvey battered oil, gas and chemical plants along the Gulf Coast and a cool summer sapped utility demand in the east, the Federal Reserve said on Friday. Overall
Shareholders were greeted by the Chairman of AFS, Mr. Rex James, who introduced the company’s Board of Directors. Mr. James praised his management team and staff and thanked shareholders for their support in 2016 as the company enjoyed a successful year and noted this, “reflects a steadfast commitment to the execution of strategies focused on
Salada Foods Jamaica Limited (SALF) has advised that Mr. Andrew Kerr resigned from his post as Financial Controller effective September 29, 2017. Mrs. Elaine Tomlinson will assume the role, effective October 2, 2017.
Jamaica Stock Exchange (JSE) The JSE has advised that a connected party purchased 380,086 JSE shares on September 11, 2017.
JMMB Group Limited (JMMBGL) has advised that a connected party sold 528,546 JMMBGL shares on September 12, 2017.
Carreras Limited (CAR) has advised that a connected party sold and purchased 1,000 CAR shares during the period August 31 to September 8, 2017.
Scotia Investments Jamaica Limited (SIJL) SIJL has declared an interim dividend of $0.45 per share payable on October 25, 2017 to shareholders on record as at October 5, 2017. The ex-dividend date is October 3, 2017.
Scotia Group Jamaica Limited (SGJ) SGJ has declared an interim dividend of $0.45 per share payable on October 25, 2017 to shareholders on record as at October 5, 2017. The ex-dividend date is October 3, 2017.
