March 2, 2018 Derrimon Trading Limited (DTL) reported trading income of $6.72 billion for the year ended December 31, 2017. For the quarter, trading income amounted to $396.58 million. Cost of Sales for the year amounted to $5.39 billion, resulting in a gross profit of $1.34 billion for the 2017 financial year. Gross profit for
March 2, 2018 For year ended December 31, 2017, Jamaica Producers Group Limited (JP) experienced a 34% increase in revenue to total $16.16 billion compared to the $12.08 billion reported in 2016. The company posted fourth quarter revenue of $4.77 billion a 23% increase (2016: $3.88 billion). The Food & Drink Division had a $735.41
March 02, 2018 Kingston Wharves Limited (KW) for the year ended December 31, 2017 reported total revenue of $6.37 billion, a 17.7% or $959.3 million increase relative to the $5.41 billion recorded for the corresponding period in 2016. Revenue for the quarter amounted to $1.85 billion, an 18.8% increase relative to the $1.55 billion recorded
March 02,2018 Victoria Mutual Investments (VMIL) for the year ended December 31, 2017 reported total interest income of $735.67 million, a marginal increase of 0.4% relative to the $732.75 million recorded for the corresponding period in 2016. Interest expense for the period amounted to $488.68 million, relative to the $481.99 million recorded in 2016. As
March 02,2018 United States: Stocks SINK, Bonds Rally on Trump's Metals Duties: Markets Wrap U.S. stocks plunged and Treasuries climbed Thursday after U.S. President Donald Trump promised to impose substantial tariffs on foreign metals, drawing a rebuke from a manufacturing industry group and the European Commission. The S&P 500 Index briefly fell below its 100-day
March 01, 2018 Supreme Ventures Limited (SVL) for the year ended December 31, 2017 reported a 25% in revenues from $44.92 billion for the 2016, up to $56.19 billion in 2017. While for the fourth quarter revenues totaled $14.95 million relative to $11.87 million in 2016.SVL noted, “2017 was a year of significant growth for Supreme
March 01, 2018 SOS reported year end revenue of $906.51 million relative to 702.07 million in 2016, a 29% increase, while for the fourth quarter revenues amounted to $241.63 million (2016: $178.35 million). The company’s cost of sales totaled $483.49 million up 33% relative to the $363.40 million reported in 2016. As a result gross
Grace Kennedy Limited (GK), for the year ended December 31, 2017, recorded revenue of $92.48 billion for 2017 (2016: $88.27 billion), a year over year increase of 5%. For the quarter, the company increased revenue by 7% to total $23.18 billion (2016: $21.62 billion). The biggest contributor to the group’s overall revenue for the year
March 01, 2018 Fourth Quarter GDP Real gross domestic product (GDP) increased at an annual rate of 2.5% in the fourth quarter of 2017, the Bureau of Economic Analysis reported on the 28th February 2018. This was a .7% decrease from the growth rate of 3.2% reported for the third quarter in 2017. The deceleration
March 01, 2018 Kingston Properties Limited reported Rental Income of $196.32 million, 50.49% more than the $130.46 million reported for 2016. Property management fee of $7.96 million was reported for 2017 relative to none reported in 2016. There was no Other Income reported in 2017 and according to the company. This resulted in a 56.59%
