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14 02, 2018

JMMBGL reports 39% increase in third quarter net profit

2018-02-14T01:56:53-05:00

February 13, 2018.  JMMB Group Limited (JMMBGL) for the nine months ended December 31, 2017 recorded net interest income of $5.66 billion, a 12% or $593.92 million increase when compared with $5.07 billion recorded for the corresponding period in 2016. Interest expenses increased 7% to total $6.07 billion relative to the $5.65 billion recorded for

14 02, 2018

CFF reports six months profit of $42.47 million

2018-02-14T02:03:17-05:00

February 13, 2018 Revenue amounted to $214.26 million for the six month ended December 31, 2017, an increase of 1%, when compared with the $211.85 million booked for the corresponding period last year. CFF noted, “ the quarter  was negatively impacted by severe and unusual weather conditions which have persisted for the last six months.”

14 02, 2018

EPLY reports $69.23 million in net profit for the year end

2018-02-14T01:57:24-05:00

February 13,2018 Eppley Limited for the year ended December 31, 2017 reported interest income of $261.41 million a 24% or $51.26 million increase when compared $210.15 million recorded for the corresponding period in 2016. Total interest income for the quarter amounted to $70.44 million a 14% increase when compared to the $61.86 million recorded for

13 02, 2018

PAL reports six months net profit of $4.02 million

2018-02-14T01:58:13-05:00

February 13,2018 Palace Amusement Company (PAL) reported six months total revenues of $492.99 million, an 11% increase when compared with the $443.74 million recorded for corresponding period in 2016. Total revenue for the quarter increased 10% to total $233.03 million relative to the $211.90 million recorded for same period in 2016. Direct Expenses for the

13 02, 2018

PIOJ Quarterly Press Briefing for October – December 2017.

2018-02-13T21:41:24-05:00

February 13, 2018.  Mr. Wayne Henry, Director General for PIOJ started the press briefing by providing the main highlights of the macroeconomic performance for the October to December 2017 quarter. The following were noted: Overview of Real Industry Developments For October-December 2017, real GDP grew up an estimated 1.1 per cent relative to the corresponding

13 02, 2018

JAMT books 13% increase in first quarter net profit attributable to shareholders

2018-02-13T20:02:11-05:00

February 13, 2018 Jamaica Teas (JAMT), for the 3 months ended December 2017, reported revenue for the first quarter ended December 2017 of $456.15 million, an increase of 22% compared to the $373.90 million booked for the corresponding period in 2016.  According to the company, “Revenues from our manufacturing operations grew 40% in the period while

13 02, 2018

CCC reports 12% decline in year end net profit

2018-02-13T19:59:38-05:00

February 13, 2018 Caribbean Cement Company Limited (CCC) ,for the for the year ended December 31, 2017 reported total revenue for the year ended December 31, 2017 of $16.51 billion, a 5% or $732.3 million increase when compared with the $15.78 billion reported in 2016. Total revenue for the quarter amounted to $4.25 billion reflecting an

12 02, 2018

US: Major work stoppages in 2017

2018-02-12T16:42:33-05:00

February 12, 2018 In 2017, there were 7 major work stoppages comprising 1,000 or more workers and lasting at least one shift, the U.S. Bureau of Labor Statistics reported. This represents the  second lowest number of major work stoppages recorded in a year, with the lowest annual total being attributed to 2009 with 5. Additionally,

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