Jetcon Corporation Limited (JETCON) For the Nine months September 30, 2017 Turnover for the nine months grew by 45% to $886.55 million (2016: $611.11 million), while turnover for the quarter amounted to 333.22 million relative to $268.14 in 2016. Cost of Sales also increased by 39% to $703.68 million (2016: $505.383 million) and as a
ISP Finance Services Limited (ISP) Results for the Nine Months ended September 30, 2017: For the nine months period ended September 30, 2017, ISP Finance Services Limited’s (ISP) Total Interest Income amounted to $210.70 million compared to $168.80 million in 2016, an increase of 25%. For the quarter, Total Interest income amounted to $74.91 million (2016:
IronRock Insurance Company Limited For the nine months ended September 30, 2017: - For the nine months, IronRock posted gross premium of $257.27 million relative $59.41 million; this represents a 333% increase. While for the third quarter gross premium was $83.93 million relative to $20.93 million for 2016. Change in gross provision for unearned
138 Student Living Jamaica Limited (138SL) For the year September 30, 2017 Income for the year amounted to $573.54 million (2016: $255.1 million) while Other Operating Income increased to $27.85 million (2016: $40.05 million). As a result, Total Revenues increased to $601.39 million (2016: $295.15 million). Total Revenues for the quarter totalled $177.11 million relative
Lasco Financial Services Limited (LASF) For the six months ended September 30, 2017: - LASF recorded trading income of $681.28 million; this represented a growth of 35% when compared to $506.21 million posted in 2016, while trading income for the quarter amounted to $378.6 million (2016: $268.73 million). Other income amounted to $33.93 million, an
The Mayberry Fishing Team tied with the winner of the Montego Bay Yacht Club 56th International Marlin Tournament for a total of 800 points, placing second for time with the first blue marlin released by Patrick Sleem and the second by our Vice Chairman, Mark Berry. Congratulations on an incredible performance!
Medical Disposable’s Managing Director, Mr. Kurt Boothe began his address by highlighting that "despite the challenging operating environment” the company, through its solution oriented program has completed another year with successful and positive results. Mr. Boothe noted that, “the company had undertaken many changes over the last and current business cycles.” MDS hit a symbolic
On July 24, 2017, Ansa Coating International Limited (ACI) purchased 100 per cent of shareholdings in Lewis Berger (Overseas Holdings) Limited (“LBOH Acquisition”). As a result of this acquisition, Ansa indirectly holds 109,332,222 ordinary shares in Berger Paints Jamaica Limited (BRG), which represents 51.01 per cent of the shares in issue. As the majority shareholder,
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
Interest income declined by 5% during the nine month period, to $832.02 million relative to $878.74 million for the comparable period in 2016. Interest expense also declined by 7% to close at $610.19 million compared to $653.21 million in 2016. As a result, net interest income declined by 2% to $221.83 million relative to
