Supreme Ventures Limited (SVL) reported a 23.5% in revenues from $27.37 billion for the 2017 period, up from $22.15 billion in 2016. While for the second quarter revenues totaled $13.98 million relative to $10.96 million in 2016. Revenues from the company’s segments were as follows: Lottery - $20.22 billion (2016:$17.41 billion), a 16.1% increase. According
Radio Jamaica Limited (RJR) For the three months ended June 30, 2017 Revenue for the first quarter of 2017 declined by 6.84% from $1.31 billion in 2016 to $1.22 billion. Direct expenses increased by 1.37% to $635.52 million in 2017 (2016:$626.92 million). The company stated that this was due to “increased fees associated with expanding
Cable & Wireless Jamaica Limited (CWJ) for the six months ended June 31, 2017 reported an 11% increase in revenue to $13.21 billion relative to $11.85 billion in 2016. The Managing Director, Stephen Price, attributed the improvement to an, “increase in Mobile revenues by 22% year-on-year on a rebased basis. As more subscribers join our
Based on preliminary information received, the Government of Jamaica will be raising funds by issuing additional amounts of the 2028 and 2045 bonds currently outstanding. The funds raised will be used to purchase outstanding notes of Jamaica, which Jamaica may purchase pursuant to a tender offer, and general purposes of the government, including refinancing, repurchase
Lasco Manufacturing Limited (LASM) for the three month ended June 30, 2017 recorded a decrease of $379.89 million or 13% in total revenue to total $1.51billion, relative to the $1.73 billion recorded for the comparable period in 2016.according to LASM, “revenue was impacted by the phasing down of production during periods of the first two
Europe: Signs of Wage Growth Start to Appear in Euro Zone’s North If Mario Draghi, the president of the European Central Bank, is looking for signs of wage growth, he might find comfort in Finland. After delivering the euro zone’s fastest pace of economic growth in the first quarter, Finnish workers have had enough belt-tightening
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The Palace Amusement Company (1921) Limited (PAL) for the year ended June 30, 2017 booked a 9% increase in revenues to $990.14 million (2016: $909.24 million), while for the fourth quarter, an increase of 20% was observed. For the quarter, revenue rose to $299.06 million relative to $249.33 million in 2016. Direct expenses for the
For the six months, IronRock posted gross premium of $173.35 million relative $38.48 million; this represents a 350% increase. While for the second quarter gross premium was $111.41 million relative to $31.46 million for 2016. Change in gross provision for unearned premiums amounted to $132.07 million compared to $30.42 million in 2016. Excess of loss
Blue Power Group Limited (BPOW) has advised that its Annual General Meeting has been scheduled for 4:00 p.m. on September 15, 2017 at the Guardsman Group Office, 107 Old Hope Road, Kingston 6.
