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15 11, 2017

ROC reported a 59% increase in net loss for nine months ended September 2017

2017-11-15T00:27:50-05:00

IronRock Insurance Company Limited For the nine months ended September 30, 2017: -   For the nine months, IronRock posted gross premium of $257.27 million relative $59.41 million; this represents a 333% increase. While for the third quarter gross premium was $83.93 million relative to $20.93 million for 2016. Change in gross provision for unearned

14 11, 2017

EPLY books a 16% decline in nine months net profit

2017-11-15T01:36:03-05:00

Eppley Limited (EPLY) for the nine months ended September 30, 2017 recorded a 29% increase in interest income to $190.96 million, from $148.29 million booked in the previous year. While for the third quarter interest income amounted to $66.73 million relative to $55.85 million in 2016. Interest Expenses amounted to $116.54 million, up 37% from

14 11, 2017

CFF reports 11% decline in first quarter net profits.

2017-11-16T20:36:52-05:00

Caribbean Flavours and Fragrances Limited For the quarter ended September 30, 2017: Revenue amounted to $99.59 million, a decline of 2%, when compared with the $101.15 million booked last year. CFF noted, “The quarter was negatively impacted by severe and unusual weather conditions which negatively impacted sea transportation from our importing countries. Other major issues

14 11, 2017

JSE reported a 26% decline in nine months net profits

2017-11-14T16:20:47-05:00

Jamaica Stock Exchange Limited - (JSE) For the Nine months ended September 30, 2017: JSE recorded total revenue of $695.47 million, a 0.18% increase when compared to the $694.2 million booked the prior year. While total revenue for the quarter amounted to $217.82 million (2016: $192.69 million). Of this: Cess income declined by 37% to

14 11, 2017

KW reports 36% increase in nine months net profit

2017-11-14T14:56:01-05:00

Kingston Wharves Limited (KW) for the nine months ended September 30, 2017 recorded revenue of $4.52 billion, a 17% increase when compared to $3.85 billion for the same period last year, while revenue for the third quarter grew 14% to $1.58 billion (2016: $1.38 billion). This as both the company’s ‘Terminal Operations’ and ‘Logistics &

14 11, 2017

Overseas Headlines – November 14, 2017

2017-11-14T13:37:36-05:00

Europe: Europe needs fresh push at overhauling banking sector - IMF The International Monetary Fund urged Europe to make a fresh push at strengthening its banking sector on Tuesday, calling for weak institutions to be closed, bigger financial safety buffers and a revival of cross-border M&A. In the text of a speech to a banking

13 11, 2017

KPREIT reports 81% decline in nine months Net Profit

2017-11-13T22:23:37-05:00

Kingston Properties Limited (KPREIT) For the nine Months ended September 30, 2017: Kingston Properties Limited reported Rental Income of $147.67 million, 48% more than the $99.55 million reported for 2016. Property management fee of $6.96 million was reported for 2017 relative to none reported in 2016. There was no Other Income reported in 2017 compared

13 11, 2017

GK to focus on operation, innovation, convenience and new technology for growth.

2017-11-13T22:14:51-05:00

GraceKennedy Limited’s (GK) Investor Briefing held on November 13 2017 Mr. Don Wehby, GK’s Group Chief Executive Officer (CEO), provided an overview of the company’s strategic plans for the future and its nine month performance year to date. Mr. Wehby began the briefing by speaking on a few of the company’s revenue drivers and recent

13 11, 2017

SOS reports 62% increase in nine months net profit.

2017-11-13T18:25:20-05:00

Stationery & Office Supplies Ltd. (SOS) For the nine months ended June 30, 2017: - SOS reported nine months revenue of $664.87 million relative to $523.72 million in 2016 a 27% increase, while for the third quarter revenues amounted to $233.09 million up 37% compared to the $170.24 million reported in the corresponding period of

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