June 05, 2019 For the period of April 2019, the GOJ reported Total Revenues & Grants of $46.11 billion, $1.54 billion more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 11.4% relative to the $41.41 billion recorded for the corresponding period in 2017. ‘Tax Revenue’, ‘Non-Tax Revenue’ and ‘Grants’
Date: June 05, 2019 SSL Venture Capital Jamaica, for the year ended December 31, 2018, reported revenues of $194.70 million versus $932,693 reported in the prior year. Cost of sales amounted to $157.50 million (2017: nil), as such resulting in gross profit of $37.20 million relative to $932,693 booked last year. Other operating income closed
United States: Fed Inches Toward Rate Cut as Trade War Frays Patience The Federal Reserve’s top policy makers aren’t yet ready to cut interest rates, but worsening trade tensions are nudging them in that direction. In separate comments Tuesday, Fed Chair Jerome Powell and his No. 2, Richard Clarida, reassured nervous investors they’re watching closely
Date: June 04, 2019 Indies Pharma Jamaica Limited, for the six months ended April 2019, reported revenue of $361.30 million, 20% higher than the $301.10 million booked in 2018. For the quarter, revenue closed at $193.12 million (2018: $149.90 million). Cost of sales declined by 3% to close at $110.11 million (2018: $113.80 million). This
United States: U.S. ‘Disappointed’ Over China’s Fingerpointing on Trade Rift The Trump administration on Monday expressed disappointment that China blames the U.S. for the failure of trade talks between the two countries. “It is important to note that the impetus for the discussions was China’s long history of unfair trade practices,” the Treasury Department and
Date: June 03, 2019 Seprod Limited (SEP) posted revenue totalling $23.55 billion compared to $16.51 billion recorded for the same period of the prior financial year, representing a 43% increase year over year. The Manufacturing Division recorded a 28% growth to close at $12.36 billion (2017: $9.64 billion), while the Distribution Division increased by 63%
Date: June 03, 2019 CAC 2000 (CAC) Limited held its Annual General Meeting today, which commenced with opening remarks made by the Chairman and CEO, Mr. Steven Marston. Mr. Marston outlined that the year started out slowly but then begun to progress, only to have operations severely disrupted by the ongoing Three Miles construction. The
June 3, 2019 Lasco Manufacturing Limited (LASM) has advised that a meeting of the Board of Directors is scheduled to be held on Tuesday, June 11, 2019 to consider, and if thought fit, recommend the payment of an interim dividend to its shareholders. Company Disclosure -The information contained herein has been obtained from
June 3, 2019 Jamaica Teas Limited (JAMT) has advised that on May 29, 2019, the Directors of the Company resolved to pay a capital distribution of 3 cents per share on June 28, 2019 to shareholders on record as at June 21, 2019. The ex-dividend date is June 20, 2019. Company Disclosure -The
June 3, 2019 Access Financial Services Limited (AFS) has advised that at a Board meeting held on May 29, 2019, a dividend payment to ordinary shareholders of the Company was not approved by the Board of Directors. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however