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4 03, 2019

FOSRICH reports 65% increase in year end net profit

2019-03-04T21:49:56-05:00

Date: March 04, 2019 Revenue rose by 24% to $1.29 billion relative to 2017’s $1.05 million). Revenue for the quarter amounted to $347.33 million, 39% above the $250 million booked for the similar quarter of 2017. Cost of sales increased by 32% to $759.23 million (2017: 573.01 million). As a result, gross profit increased by

4 03, 2019

Berger Paints reports a 28% decrease in net profits

2019-03-04T21:00:22-05:00

Date: March 04, 2019 BRG reported year end revenue of $2.71 billion relative to 2.36 Billion in 2017 a 15% increase year over year. The company’s total expenses totaled $2.50 billion up 18% relative to the $2.12 million reported in 2017. Of total expenses: Raw materials and consumables used rose 23% to close at $1.38

4 03, 2019

JP reports 23% growth in year end profits attributable to shareholders

2019-03-04T20:41:51-05:00

Date: March 04, 2019 Jamaica Producers Group Limited (JP), for the year ended December 31, 2018, booked a 21% increase in revenue to total $19.61 billion compared to the $16.16 billion reported in 2017. The Group posted a fourth quarter revenue of $5.36 billion, a 12% increase (2017: $4.77 billion). The Food and Drink Division

4 03, 2019

DTL reports 2% decline in year end net profit

2019-03-05T14:27:04-05:00

Date: March 04, 2019 Derrimon Trading Limited (DTL), for the year ended December 31, 2018, reported trading income of $9.30 billion compared to the $6.72 billion for the prior comparable period, a 38% increase. For the quarter, trading income went up grossly by 64%  closing at $2.96 billion (2017: $1.80 billion). Cost of sales increased

4 03, 2019

GK reports 18% increase in year end net profit

2019-03-04T20:19:10-05:00

Date: March 04, 2019 GraceKennedy Limited (GK) recorded revenue of $97.54 billion for the period (2017: $92.48 billion, a year over year increase of 5%. Revenue for the quarter of 2018 improved by 2% to $23.72 billion (2017: $23.18 billion). Segment report is as follows: The Food Trading Business reported revenue of $77.1 billion. “The

4 03, 2019

KPREIT reports 57% decline in year end net profit

2019-03-04T20:14:20-05:00

Date: March 04, 2019 Kingston Properties Limited reported Rental Income of $204.08 million, 3.95% more than the $196.32 million reported for 2017. Operating expenses grew by 6.88% to $132.88 million relative to the $124.33 million posted for the same period last year. As such, Results of Operating activities before other gains amounted to $71.198 million,

4 03, 2019

JETCON reports 40% decrease in year end net profits

2019-03-04T19:06:11-05:00

Date: March 4, 2019 Jetcon Corporation Limited (JETCON), for the twelve months December 31, 2018 reported turnover for the twelve months fell by 1% to $1.16 billion (2017: $1.18 million) while for the fourth quarter revenues dipped to $269.19 million in 2018 from $290.04 million in 2017. Cost of sales also increased by 5% to

4 03, 2019

KW reports 19.6% increase in year end net profits

2019-03-04T17:58:45-05:00

Date: March 4, 2019 Kingston Wharves Limited (KW) for the year ended December 31, 2018 reported total revenue of $7.25 billion, a 13.9% or $884.33 million increase relative to the $6.37 billion recorded for the corresponding period in 2017. Of this the terminal operations segment booked revenues of $5.34 billion (2017: $4.92 billion), while Logistics

4 03, 2019

SOS reports 10% increase in year end net profits

2019-03-04T16:12:17-05:00

Date: March 4, 2019 Stationery & Office Supplies Ltd. (SOS), for the year ended December 31, 2018, reported year end revenue of $1.06 billion relative to $906.51 million in 2017 a 17% increase, while for the fourth quarter revenues moved from $241.63 million to $262.92 million in 2018. The company’s cost of sales totaled $559.85 million

1 03, 2019

Special Advisory: Victoria Mutual Investments Limited (VMIL)

2019-03-01T20:10:06-05:00

Date: March 1, 2019 Victoria Mutual Investments Limited (VMIL) has advised that at a meeting of the Board of Directors held on 28 February 2019, a recommendation was made for no dividend payment to be made at this time.  

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