Europe: Germany's upturn set to continue in coming months: Economy Ministry Germany's economy is expected to grow robustly, the Economy Ministry said in its monthly report on Monday, with public and private consumption continuing to increase strongly and moderate export growth expected. Solid expansion of 0.6 percent in the first quarter was reflected in employment
For the nine months ended March 31, 2017, Pulse Investment Limited (PULS) recorded operating revenue of $263.66 million, up 22% from the $216.35 million reported in 2016, while Operating Revenue for the three months ended March 2017 was up 16.3% to close at $75.17 million (2016: $64.65 million). Administrative and Other Expenses grew by18%, closing
For the first quarter ended March 31, 2017, ISP Finance Services Limited’s (ISP) Total Interest Income amounted $65.53 million compared to $52.43 million in 2016, an increase of 25%. It is broken down as follows: Interest Income from Loans grew by 26% to total $64.28 million relative to $51.21 million reported in the same
For the year ended March 31, 2017, Sweet River Abattoir & Supplies Company Limited (SRA) recorded a 60% increase in revenues to $345.25 million compared to the $215.15 million reported in 2016. Revenue for the fourth quarter amounted to $88.15 million compared to $55.87 million in 2016. The Company comments that the, “The company generated
For the three months ended March 30, 2017, Jamaica Stock Exchange (JSE) recorded total revenue of $241.07 million, a 26% decrease when compared to the $326.82 million booked the prior year’s corresponding period. JSE attributed the movement to, “an extraordinarily large transaction that occurred in Q1 2016.” Of this: o Cess income declined 63% to
For the period ended March 31, 2017, Kingston Wharves Limited (KW) reported revenues of $1.39 billion a 16% increase when compared to $1.20 billion for the same period last year. This as both the company’s ‘Terminal Operations’ and ‘Logistics & Ancillary Service’ segments reported increases. The ‘Terminal Operations’ which accounted for 78% of total revenues,
For the 9 months ended March 31, 2017, Caribbean Flavours & Fragrances Limited’s (CFF) revenue for the period in review increased by 13% to $300.67 million relative to $266.11 million for the comparable period in 2016. For the quarter, the Company generated gross revenue of $88.82 million, an increase of 21% year over year. The
For the three months ended March 2017, Eppley Limited (EPLY) reported interest income of $62.54 million an increase of 42% when compared to the $43.97 million recorded the previous year. Interest expenses amounted to $36.86 million, a 29% increase when compared to $28.58 million for the corresponding period in 2016. Consequently, net interest income increased
For the three months ended March 31, 2017,GraceKennedy Limited (GK) reported total revenue of $23.69 billion for period (2016: $22.13 billion), a year over year increase of 7%. The biggest contributor to the group’s overall revenue for the first quarter was income from the ‘Food Trading’ segment which contributed a total of $18.82 billion (2016:
Jamaican Teas Limited (JAMT) reported revenue for the second quarter ended March 2017 of $386.11 million, an increase of 37% compared to the $281.30 million booked for the corresponding period in 2016. Year to date, the company reported a 21% increase in Revenue to total $760.01 million (2016: $625.91 million). According to the company, “Export