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16 02, 2018

SRA netted a $4.17 million loss for nine months ended Dec 2017

2018-02-16T19:50:34-05:00

February 16, 2018 Sweet River Abattoir & Supplies Company Limited (SRA) for the nine months ended December 31, 2017, recorded a 7% decline in revenue to $239.43 million relative to $257.10 million in the same period in 2016. Revenue for the quarter declined 6% to close at $73.98 million relative to $78.87 million.   Cost of

16 02, 2018

BIL reported net loss of $38.77 million for first quarter ended Dec 2017

2018-02-16T16:32:45-05:00

February 16, 2018                           Interest income declined marginally by 6% during the three month period, amounting to $254.95 million relative to $270.27 million for the comparable period in 2016. Interest expense also declined to close at $174.17 million compared to $193.12 million in 2016. As a result, net interest income increased by 5% to $80.78 million

16 02, 2018

Overseas Headlines – February 16,2016

2018-02-16T12:39:00-05:00

February 16,2016 United States: Selloff Grips Credit Funds as Rate Fears Ripple Through Markets Corporate bond investors finally joined a selloff that has shaken stocks to Treasuries as investors spooked by U.S. interest-rate risk headed for the exits. Investors pulled $14.1 billion from debt funds, the fifth-largest stretch of redemptions in the week through Feb.

15 02, 2018

138SL books 56% decline in first quarter profit

2018-02-15T17:21:40-05:00

February 15, 2018 138SL’s Income increased by 77% to $191.63 million relative to the $108.04 million recorded for the comparable period the prior year. The company noted that, “Revenue for the current quarter to December 31, 2017 was not at its optimum and was lower than expectations. Other Operating Income rose 3% to $7.27 million

14 02, 2018

RJR Recorded Net Profit of $43.78 million-nine months ended December 2017

2018-02-14T02:58:04-05:00

February 13, 2018 Revenues for the nine months declined by 4% to $3.87 billion compared to $4.02 billion for the comparable period the prior year. The quarter added a 2% increase to close at $1.40 billion (2016: $1.36 billion). Direct Expenses has declined by 4% to $1.84 billion relative to $1.90 billion for the same

14 02, 2018

HONBUN reports 27% decline in net profit for the first quarter

2018-02-14T02:11:24-05:00

February 13,2018 Honey Bun Limited (HONBUN) for the three months ended December 31, 2017 reported total revenue of $322.83 million, a 3% or $10.38 million increase when compared with the $312.44 million reported for the corresponding period in 2016. Cost of sales rose by 3% to total $178.87 million for the quarter relative to $173.80

14 02, 2018

CAR reports 10% decline in nine months net profit attributable to shareholders

2018-02-14T02:00:05-05:00

February 13, 2018 Carreras Limited (CAR), for the nine months ended December 31, 2017, reported Operating Revenue of $9.53 billion, 9% lower than the $10.48 billion booked in 2016. Revenue for the quarter contracted 16% to close at $3.47 billion versus $4.11 billion booked for the comparable quarter of 2016. According to CAR, “the Company

14 02, 2018

JMMBGL reports 39% increase in third quarter net profit

2018-02-14T01:56:53-05:00

February 13, 2018.  JMMB Group Limited (JMMBGL) for the nine months ended December 31, 2017 recorded net interest income of $5.66 billion, a 12% or $593.92 million increase when compared with $5.07 billion recorded for the corresponding period in 2016. Interest expenses increased 7% to total $6.07 billion relative to the $5.65 billion recorded for

14 02, 2018

CFF reports six months profit of $42.47 million

2018-02-14T02:03:17-05:00

February 13, 2018 Revenue amounted to $214.26 million for the six month ended December 31, 2017, an increase of 1%, when compared with the $211.85 million booked for the corresponding period last year. CFF noted, “ the quarter  was negatively impacted by severe and unusual weather conditions which have persisted for the last six months.”

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