Mr Sinclair began the proceedings by welcoming us to this the 9th annual general meeting. He stated that “ KPREIT has now developed into a real estate investment trust with properties in Jamaica, United States and Cayman Islands.” Mr. Sinclair highlighted main performance indicators during the year such as the stock appreciation which increased by
For the first quarter ended March 31, 2017, Cable & Wireless Jamaica Limited (CWJ) reported revenue for increased by 10% to $6.38 billion relative to $5.81 billion in 2016. The CEO, Garfield Sinclair, attributed the increase to, “a 17% increase in Mobile revenues.” Additionally, he states that “This growth in our mobile business both in
Dolphin Cove Limited (DCOVE) reported total revenues of US$4.29 million, a 3% increase when compared to the US$4.15 million booked the year prior. Revenue from Dolphin Attraction contributed US$2.423 million to Total Revenue; this represents a 0.1% decline when compared to the US$2.421 million reported in 2016. Revenues from the Ancillary Services totaled US$1.86 million,
First three months ended March 31, 2017 results Key Insurance Company Limited (KEY), reported a 61% increase in net premiums written from $123.35 million to $199.17 million. This was as a result of a 49% increase in gross premiums written from $198.58 million to $295.93 billion. Reinsurance cede for the first quarter increased 29% to
Disclaimer: Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this
Disclaimer: Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this
For the nine months ended March 31, 2017, Pulse Investment Limited (PULS) recorded operating revenue of $263.66 million, up 22% from the $216.35 million reported in 2016, while Operating Revenue for the three months ended March 2017 was up 16.3% to close at $75.17 million (2016: $64.65 million). Administrative and Other Expenses grew by18%, closing
For the first quarter ended March 31, 2017, ISP Finance Services Limited’s (ISP) Total Interest Income amounted $65.53 million compared to $52.43 million in 2016, an increase of 25%. It is broken down as follows: Interest Income from Loans grew by 26% to total $64.28 million relative to $51.21 million reported in the same
For the year ended March 31, 2017, Sweet River Abattoir & Supplies Company Limited (SRA) recorded a 60% increase in revenues to $345.25 million compared to the $215.15 million reported in 2016. Revenue for the fourth quarter amounted to $88.15 million compared to $55.87 million in 2016. The Company comments that the, “The company generated
For the three months ended March 30, 2017, Jamaica Stock Exchange (JSE) recorded total revenue of $241.07 million, a 26% decrease when compared to the $326.82 million booked the prior year’s corresponding period. JSE attributed the movement to, “an extraordinarily large transaction that occurred in Q1 2016.” Of this: o Cess income declined 63% to