Jamaica Producers Group Limited (JP) For the six months ended June 30, 2017: For six months ended June 30, 2017, Jamaica Producers Group Limited (JP) experienced a 62% increase in revenue to total $7.40 billion compared to the $4.57 billion reported in 2016. The company posted second quarter revenue of $4 billion a 66% increase
Dolphin Cove Limited (DCOVE) for the six months ended June 30, 2017 reported Total Revenue of US$8.66 million, a 6% increase when compared to US$8.20 million booked the year prior. Revenue from dolphin attraction contributed US$4.91 million to total revenue, a 2% increase when compared to the US$4.80 million reported in 2016, while revenues from
Consolidated Bakeries (Jamaica) Limited (PURITY) for the six months ended June 30, 2017 recorded a 5% decline in revenue to $447.60 million from $471.52 million reported for the corresponding period in 2016. For the second quarter the company recorded a revenue of $219.69 million (2016: $210.96 million), representing a 4% growth. Cost of sales for
Jamaican Teas Limited (JAMT) has advised of its delay in the submission of the third quarter accounts due to the inclusion of KIW International Limited accounts for the first time. It is expected that the financial statements will be submitted no later than August 17, 2017.
Berger Paints Jamaica Limited (BRG) has advised that Mr. Mustafa Turra tendered his resignation as General Manager effective August 15, 2017. BRG further advised that Mr. Andy Mahadeo will act as the company’s General Manager until a replacement is in place. Additionally, BRG has advised that concurrent with the indirect purchase of 51% of Berger
IronRock Insurance Company Limited (ROC) has advised that a connected party purchased a total of 38,000 ROC shares on August 15, 2017.
Jetcon Corporation Limited (JETCON) has advised that a connected party purchased a total of 549,919 JETCON shares during the period August 9 – 14, 2017.
JAMT has also advised that a connected party sold 25 million JAMT shares to another connected party on August 16, 2017.
U.S.: Fed Minutes May Show Battle Lines Hardening Over Soft Inflation Federal Reserve watchers may get a better feel Wednesday for how many policy makers remain resolved to raise interest rates again this year, and how many are wavering amid a five-month stretch of soft inflation reports. Economists and investors are also keen for more
General Accident Insurance Company Limited (GENAC) For the six months ended June 30, 2017: GENAC reported net premium written of $673.34 million, 15% more than the $585.29 million reported for 2016. This was as a result of a 4% increase in gross premium written to $4.55 billion (2016: $4.37 billion), while reinsurance ceded increased by 3%
