Date: January 15, 2018 Ciboney Group Limited (CBNY), for the quarter ended November 30, 2017, reported an 87% decline in financial income to total $14,000 from $105,000 in November 30, 2016. An exchange loss of $103,000 was realized relative to $159,000 gain for the corresponding period in 2016. Other operating expense for the period amounted to $2.46
Margaritaville (Turks) Limited (MTL), for the six months ended November 30, 2017 recorded a decrease in revenues by 20% for the period to US$2.25 million ( 2016: US$2.82 million). For the second quarter, MTL booked a 68% decline in revenue to US$390,044 compared to US$1.20 million for the comparable period in 2016. MTL noted, “The
Date: January 15, 2018 Caribbean Cream Ltd. (KREMI) for nine months ended November 30, 2017, reported a 12% increase in revenue during the period totalling $992.24 million compared to $885.63 million in the corresponding period last year. Revenue for the third quarter rose 18% to close at $318.98 million compared to $270.73 million for the
Date: January 12, 2018 Paramount Trading (Jamaica) Limited (PTL), for the quarter ended November 30, 2017 recorded a 27% increase in total revenues to $687.18 million from $539.13 million reported in 2016. PTL indicated, “our lubricants business line produced strong sales performance during this quarter when compared to last year growing by $28.9 million on
Date: January 12, 2018 Supreme Ventures Limited (SVL) has advised that a connected party purchased a total of 34,222 SVL shares on January 4, 2017.
Date: January 12, 2018 Caribbean Producers Jamaica Limited (CPJ) has advised that a connected party purchased 75,000 CPJ shares on January 8, 2018.
Date: January 12, 2018 AMG Packaging & Paper Company Limited has advised that the Board of Directors of the Company having met on January 9, 2018 approved a resolution not to declare a dividend.
Date: January 12, 2018 GraceKennedy Limited (GK) – Acquisition of Shares in Gray’s Pepper Products GraceKennedy Limited (GK) has advised that GK Investments Limited, a subsidiary of GraceKennedy has acquired a 33 1/3% stake in Gray’s Pepper Products Limited, one of Jamaica’s largest processors of seasonings and sauces. GK further advised that GK Investments’ acquisition
Date: January 12, 2018 With all the benefits (such as lower transaction cost and high confidentiality) that are said to derive from cryptocurrencies, skepticism remains high among some investors about the future of this modern means of transfer. The high cost of energy needed to power these highly specialized computers, which are used to mine
Proven Investments Limited (ProvenJA) has advised of entering into an agreement to acquire 100% of the common shares of a licensed securities dealer with offices in Cayman and throughout the Caribbean. ProvenJA also advised that the offer is subject to regulatory approval within the various jurisdictions.
