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16 05, 2018

PULSE recorded 18% increase in net profit for nine month ended March 2018

2018-05-16T22:55:47-05:00

May 16, 2018 Revenue increased $31.39 million year on year, closing the period at $313.23 million, up from $263.66 million in 2017. Administrative and Other Expenses increased 15%, closing the period at $140.83 million (2017:$122.11 million). As such, Operating Profit increased 22%, closing at $172.40 million (2017:$141.55 million). There was a Fair Value Appreciation on

16 05, 2018

Elite reports 23% increase in nine months revenues

2018-05-16T22:39:03-05:00

Date: May 16, 2018 Elite Diagnostic Limited, for the nine months ended March 31, 2018 booked a 24% increase in revenue to total $219.91 million compared to $179.29 million for the same period in 2017. Revenue for the third quarter rose by 20% to $78.24 million (2017: $65.28 million). The company stated that this was

16 05, 2018

FOSRICH reports 103% increase in first quarter Net Profit

2018-05-16T22:09:15-05:00

May 16, 2018 FosRich Company Limited (FOSRICH) for the three months ended March 31, 2018 booked an 8% decline in revenue to total $271.85 million compared to $294.51 million for the same period in 2017. Cost of sales for the year showed a reduction of 7%, moving from $155.51 million to $143.93 million. The Company

16 05, 2018

SJ reports 2% increase in first quarter net profits

2018-05-16T19:24:50-05:00

Date: May 16, 2018 Sagicor Group Jamaica Limited (SJ), for the three months ended March 31, 2018, reported total revenues increased by 5% to $15.82 billion from $15.08 billion in 2017, and was broken down as follows: Net investment income declined to $4.10 billion from $4.54 billion in 2017. SJ noted that this was due

16 05, 2018

BRG reports 88% decline in first quarter net profit

2018-05-16T19:01:50-05:00

May 16, 2018  Berger Paints Jamaica Limited (BRG) for the ended March 31, 2018 reported total Revenues of $506.10 million, a 13% increase relative to $449.70 million reported in for the comparable period in 2017. The company reported ‘changes in inventories of finished goods and work in progress’ declined 22% to 22.35 million from $28.64

16 05, 2018

SIL reports 35% increase in first quarter net profit

2018-05-16T18:58:08-05:00

May 16,2018 Sterling Investments Limited (SIL) for the three months ended March 31, 2018, reported a 4% decline in total revenue to $31.44 million compared to $32.59 million recorded for the corresponding period in 2017. Of total revenue: Interest income closed the period at $20.97 million, up 15% from the $18.16 million for the comparable

16 05, 2018

JP reported a 24% increase in 1Q net profit

2018-05-16T18:47:37-05:00

May 16, 2018 For first quarter ended March 31, 2018, Jamaica Producers Group Limited (JP) experienced a 31% increase in revenue to total $4.48 billion compared to the $3.41 billion reported in 2017. The revenues generated by the various segments are as follows: JP Food & Drink division posted revenues of $2.64 billion relative to

16 05, 2018

XFUND records a 9% drop in first quarter net profit

2018-05-16T18:28:20-05:00

            May 16, 2018 Total Revenue for the quarter ended March 31, 2018 grew 7% to $3.39 billion (2017: $3.16 billion). Hotel revenue for the quarter  increased to $3.29 billion relative to $2.90 billion in 2017. Interest Income decreased 15% to close at $6.97 million (2017: $8.23 million), while net

16 05, 2018

ISP reports a 11% increase in first quarter net profits

2018-05-16T18:17:07-05:00

Date: May 16, 2018 ISP Finance Services Limited’s (ISP), for the three months ended March 31, 2018 reported Total Interest Income amounting $70.46 million compared to $65.53 million in 2017, an increase of 8%. Total income is broken down as follows: Interest Income from Loans grew by 9% to total $70.38 million relative to $64.28 million

16 05, 2018

DTL reports 29% increase in net profit for 1Q, 2018

2018-05-16T20:34:36-05:00

May 16, 2018 Derrimon Trading Limited (DTL) grew its Trading Income by 27%, to end the quarter at $1.94 billion compared to the $1.53 billion for the first quarter of 2018. Cost of Sales increased by 27%% to $1.59billion for the period (2017: $1.25 billion). As a result, Gross Profit amounted to $353.48 million relative

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