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15 11, 2018

RJR reports six months net loss of $133.31 million

2018-11-15T14:28:59-05:00

Date: November 15, 2018 For the six months ended September 2018, Radio Jamaica Limited’s (RJR) revenues increased by 9% from $2.48 billion in 2017 to $2.71 billion. For the quarter, revenues closed at $1.36 billion (2017: $1.26 billion), representing an 8% growth. RJR indicated that, “this increase was largely due to the staging of a

15 11, 2018

KPREIT reports net profit of $10.36 million for the nine months period

2018-11-15T14:23:39-05:00

Date: November 15, 2018 Kingston Properties Limited (KPREIT) for the nine months ended September 30, 2018, reported rental income of $152.35 million, 3% more than the $147.67 million reported for 2017. However, for the quarter, there was a 4% decline from $46.58 million in 2017 to $44.78 million in 2018. Property management fees for the

15 11, 2018

XFUND reports net loss of $573.34 million for the nine months ended September 2018

2018-11-15T02:13:50-05:00

Date: November 14, 2018 Sagicor Real Estate XFUND Limited (XFUND) for the nine months ended September 2018 reported total revenue of $5.82 billion relative to $9.97 billion reported in 2017, a 42% decline year over year. Hotel revenue for the nine months period increased to $3.97 billion relative to $3.43 billion in 2017, a 16%

15 11, 2018

JAMT Reports $193.27 million in year end profits attributable to shareholders

2018-11-15T02:10:18-05:00

Date: November 14, 2018 Jamaican Teas Limited (JAMT) reported a 14% increase in revenues to total $1.77 billion (2017: $1.55 billion). For the quarter, revenues amounted to $422.17 million (2017: $357.64 million). JAMT highlighted that, “the Company’s focus on driving revenues in our core business resulted in fourth quarter revenues from our manufacturing operations growing

15 11, 2018

SOS reports 55% increase in nine months net profit

2018-11-15T02:08:18-05:00

Date: November 14, 2018 Stationery and Office Supplies Limited (SOS) for the nine months period reported revenues of $801.44 million relative to $664.87 million in 2017, a 21% increase. For the third quarter, revenues grew by the same 21% but closed the quarter at $281.51 million (2017: $233.09 million). The Company’s cost of sales totaled

14 11, 2018

Daily Market Summary November 14, 2018

2018-11-14T21:46:39-05:00

Daily Market Summary 14.11.18 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

14 11, 2018

CHL reports 20% increase in year end net profit

2018-11-14T20:01:01-05:00

Date: November 14, 2018  Cargo Handlers Limited (CHL) for the year ended September 30, 2018 reported revenues of $355.74 million, 11% higher than the $320.83 million booked in 2017.  Revenues for the quarter amounted to $75.63 million, 16% higher than the $65.39 million reported for the same quarter in 2017. The Company booked a gain

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