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21 05, 2018

Featured Stock: MDS

2018-05-21T14:07:54-05:00

May 21, 2018 Please click below to view today’s featured stock. Weekly Picks 21.05.18 MDS   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

18 05, 2018

HONBUN reported 19% dip in six months net profits

2018-05-18T16:55:45-05:00

March 18, 2018 Revenue dipped by 1% amounting to $674.74 million, down from $680.34 million reported a year ago. The Company had an 5% decrease in Cost of Sales to $366.10 million and consequently, Gross Profit increased by 4% or $296.71 million year-to-date to $308.65 million. For the quarter, Gross Profit increased by 4% to

17 05, 2018

NCB Financial Group Ltd., (NCBFG) Hearing into matters related to NCB Global Holdings Ltd., bid for control of Guardian Holdings Ltd.

2018-05-17T14:56:25-05:00

May 17, 2018 Click link below for detail News-Release-Hearing-into-matters-related-to-NCB-Global-Holdings-Limited-bid-for-control-of-Guardian-Holdings-Limited

17 05, 2018

Eppley, Fortress and Altman Complete Agreement

2018-05-17T14:47:26-05:00

May 17, 2018 Eppley Fund Managers Limited (“Eppley”), Fortress Fund Managers (“Fortress”) and Altman Real Estate (“Altman”) have completed their agreement signed in January 2018, pursuant to which Eppley has now assumed all investment management and advisory responsibilities for the Fortress Caribbean Property Fund Limited SCC. Following a special shareholders’ meeting held in February, the

16 05, 2018

PULSE recorded 18% increase in net profit for nine month ended March 2018

2018-05-16T22:55:47-05:00

May 16, 2018 Revenue increased $31.39 million year on year, closing the period at $313.23 million, up from $263.66 million in 2017. Administrative and Other Expenses increased 15%, closing the period at $140.83 million (2017:$122.11 million). As such, Operating Profit increased 22%, closing at $172.40 million (2017:$141.55 million). There was a Fair Value Appreciation on

16 05, 2018

FOSRICH reports 103% increase in first quarter Net Profit

2018-05-16T22:09:15-05:00

May 16, 2018 FosRich Company Limited (FOSRICH) for the three months ended March 31, 2018 booked an 8% decline in revenue to total $271.85 million compared to $294.51 million for the same period in 2017. Cost of sales for the year showed a reduction of 7%, moving from $155.51 million to $143.93 million. The Company

16 05, 2018

BRG reports 88% decline in first quarter net profit

2018-05-16T19:01:50-05:00

May 16, 2018  Berger Paints Jamaica Limited (BRG) for the ended March 31, 2018 reported total Revenues of $506.10 million, a 13% increase relative to $449.70 million reported in for the comparable period in 2017. The company reported ‘changes in inventories of finished goods and work in progress’ declined 22% to 22.35 million from $28.64

16 05, 2018

SIL reports 35% increase in first quarter net profit

2018-05-16T18:58:08-05:00

May 16,2018 Sterling Investments Limited (SIL) for the three months ended March 31, 2018, reported a 4% decline in total revenue to $31.44 million compared to $32.59 million recorded for the corresponding period in 2017. Of total revenue: Interest income closed the period at $20.97 million, up 15% from the $18.16 million for the comparable

16 05, 2018

JP reported a 24% increase in 1Q net profit

2018-05-16T18:47:37-05:00

May 16, 2018 For first quarter ended March 31, 2018, Jamaica Producers Group Limited (JP) experienced a 31% increase in revenue to total $4.48 billion compared to the $3.41 billion reported in 2017. The revenues generated by the various segments are as follows: JP Food & Drink division posted revenues of $2.64 billion relative to

16 05, 2018

XFUND records a 9% drop in first quarter net profit

2018-05-16T18:28:20-05:00

            May 16, 2018 Total Revenue for the quarter ended March 31, 2018 grew 7% to $3.39 billion (2017: $3.16 billion). Hotel revenue for the quarter  increased to $3.29 billion relative to $2.90 billion in 2017. Interest Income decreased 15% to close at $6.97 million (2017: $8.23 million), while net

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