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14 08, 2017

Featured Stock: Jamaican Teas Limited (JAMT)

2017-08-14T14:04:31-05:00

lease click below to view today’s Featured Stock. Weekly Picks 14.08.17 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

11 08, 2017

PAL reports 130% increase in year end net profit

2017-08-15T17:21:09-05:00

The Palace Amusement Company (1921) Limited (PAL) for the year ended June 30, 2017 booked a 9% increase in revenues to $990.14 million (2016: $909.24 million), while for the fourth quarter, an increase of 20% was observed. For the quarter, revenue rose to $299.06 million relative to $249.33 million in 2016. Direct expenses for the

11 08, 2017

ROC reports 93% increase in net loss

2017-08-15T17:21:18-05:00

For the six months, IronRock posted gross premium of $173.35 million relative $38.48 million; this represents a 350% increase. While for the second quarter gross premium was $111.41 million relative to $31.46 million for 2016. Change in gross provision for unearned premiums amounted to $132.07 million compared to $30.42 million in 2016. Excess of loss

11 08, 2017

Carreras reports 12% decline in Net Profit Attributable to Shareholders for 2018 first quarter.

2017-08-15T17:21:34-05:00

Carreras Limited For the quarter ended June 30, 2017:- Carreras Limited reported Operating Revenue of $2.82 billion, 16% lower than the $2.62 billion booked in 2016. Cost of Operating Revenue also decline year over year by 19%, amounting to $1.39 billion from $1.71 billion.  As such, Gross Operating Profit declined by 13% to total $1.42

11 08, 2017

AFS reports 29% growth in first quarter net profit

2017-08-15T17:21:53-05:00

Access Financial Services Limited (AFS) for the three months ended June 30, 2017 reported $343.04 million in total interest income for the first quarter relative to last year’s $302.50 million. Of this Interest Income from Loans amounted to $339.32 million while Interest Income from Securities totaled $3.72 million (2016: $1.88 million). Interest Expense charged for

11 08, 2017

KLE reports $7.12 million in net profit for second quarter 2017

2017-08-15T17:21:43-05:00

For the first half of the 2017 financial year, the company recorded a total revenue of $103.72 million (2016: $90.69 million), representing a 14% increase in revenue. While for the second quarter revenues increased 18% to total $54.32 million. Cost of sales increased by 16% to $32.81 million compared to the $28.35 million reported in

11 08, 2017

BIL reports 3% increase in net profit for nine months

2017-08-11T17:25:03-05:00

  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

10 08, 2017

Gas Price Movement August 10, 2017

2017-08-24T19:05:10-05:00

Brent Oil Brent oil prices increased by 0.65%, as prices increased for the sixth consecutive week. Oil traded on August 9, 2017 at a price of 52.70 (US$/ barrel). Petrojam prices 87 Octane prices increased week over week, by 0.74% . Additionally 90 Octane  increased by 0.72% week over week. 87 Octane and 90 Octane

10 08, 2017

tTech reports 36% decline in six months net profit

2017-08-10T21:44:20-05:00

tTech Limited (tTech) for the six months ended June 30, 2017: booked a 2% increase in operating revenues for the period to $107.83 million compared to $105.57 million for the corresponding period last year. Revenue for the quarter contracted 12% from $58.43 million in June 2016 to $51.25 million. According to tTech, “revenues in 2016

10 08, 2017

LASD reports 12% increase in First quarter Net Profits

2017-08-10T16:34:48-05:00

Lasco Distributors Limited (LASD) For the quarter ended June 30, 2017:  Revenues grew by 6% or $235.53 million to end the period at $4.13 billion, up from $3.90 billion for the first quarter of 2016. Cost of sales rose by $179.23 million or 5.6% amounting to $3.38 billion resulting in gross profits of $754.42 million,

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