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15 11, 2017

JAMT reports 62% increase in net profit attributable to shareholders for the financial year

2017-11-16T20:33:47-05:00

Jamaican Teas Limited (JAMT) For the year ended September 30, 2017:- Revenues increased by 19% for the year to total $1.53 billion relative to $1.29 billion the prior year. Revenues from the Local Manufacturing segment closed at approximately $922.38 million relative to $800.17 million in 2016. Retail sales increased 6% to $410.21 million from $394.29

15 11, 2017

GENAC reported a 75% decline in net profit for the nine months ended September 2017

2017-11-15T20:28:35-05:00

General Accident Insurance Company Limited (GENAC) For the year ended September 2017:- GENAC reported Gross premium written of $6.18 billion, 18% higher than the $5.23 billion reported for 2016. As a result, net premium written increased by 18% from $886.26 billion last year to $1.04 billion. Excess of loss reinsurance trended down by 1% to

15 11, 2017

CAR reports 11% increase in second quarter profits

2017-11-16T20:34:25-05:00

Carreras Limited (CAR) For the six months ended September 31, 2017: Carreras Limited reported Operating Revenue of $6.06 billion, 5% less than the $6.37 billion booked in 2016. Revenue for the quarter increased by 7% compared to the corresponding Quarter in 2016 moving from $3.03 billion in 2016 to $3.25 billion in 2017. Although second quarter

15 11, 2017

PULS reported a 11% increase in net profit for first quarter ended September 2017

2017-11-15T17:43:36-05:00

Pulse Investments Limited (PULS) For the three months ended September 30, 2017 Operating Revenue has increased by $11.28 million to $119.38 million year to date relative to $108.10 million the prior year, this represents a 10% increase. Administrative and Other Expenses amounted to $46.27 million (2016: $44.55 million), an increase of 4%. As a result,

15 11, 2017

Overseas Headlines – November 15, 2017

2017-11-15T14:16:39-05:00

U.S.: U.S. consumer prices rise marginally, core CPI firming U.S. consumer prices barely rose in October as the boost to gasoline prices from hurricane-related disruptions to Gulf Coast oil refineries were unwound, but rising rents and healthcare costs pointed to a gradual buildup of underlying inflation. The Labor Department said on Wednesday its Consumer Price

15 11, 2017

KEY insurance reported a net loss of $17.71 million for nine months ended September 30, 2017

2017-11-15T02:17:35-05:00

KEY Insurance Nine months ended September 30, 2017   For the nine months ended September 30, 2017 results Key Insurance Company Limited (KEY), reported a 39% increase in net premiums written to $548.18 million from $394.01 million. While for the quarter net premium amounted to $197.26 million (2016: $135.06 million).   This was as a

15 11, 2017

RJR reports $35 million six month net loss

2017-11-16T20:34:45-05:00

RJRGLEANER Communications Group (RJR)   Results for the six months ended September  30, 2017: Revenues for the six months declined by 7% to $2.48 billion compared to $2.66 billion for the comparable period the prior year. The quarter also had a 7% decline to $1.26 billion (2015: $1.36 billion). “The Group’s results were impacted by

15 11, 2017

tTech reports 32% reduction in nine months net profit

2017-11-16T20:35:11-05:00

tTech reports 32% decline in nine months net profit tTech Limited (tTech) for the nine months ended September 30, 2017: booked a 2% decline in operating revenues for the period to $163.63 million compared to $166.15 million for the corresponding period last year. Revenue for the quarter contracted 8% from $60.58 million in September 2016

15 11, 2017

CPJ reported US$408,491 in net profit attributable to shareholders for first quarter of 2018FY

2017-11-15T01:47:05-05:00

CPJ Three months ending September 30, 2017 Caribbean Producers Jamaica Limited (CPJ) in United States dollars (except where it is indicated otherwise): Revenues grew 15% year on year, to close the period at $24.30 million compared to the $21.05 million for the same period last year. According to the company “the increase was primarily driven

15 11, 2017

BIL reports 17% reduction in nine months net profit.

2017-11-16T20:35:37-05:00

Barita Investments Limited (BIL): For the year ended September 30, 2017:- Interest income grew by 17% during the twelve-month period, amounting to $1.49 billion relative to $1.26 billion for the comparable period in 2016. Interest expense also rose by 33% to close at $1.19 billion compared to $898.37 million in 2016. As a result, net

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