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15 02, 2019

GENAC reports 33% increase in year end net profits

2019-02-15T01:28:40-05:00

Date: February 14, 2018 General Accident Insurance Company Limited (GENAC), for the year ended December 31, 2018 reported Gross premium written of $8.74 billion, 23% higher than the $7.11 billion reported for 2017. According to GENAC, “The development of our premium volume was driven by strong growth in the motor product.” Reinsurance ceded rose 21% to

15 02, 2019

PBS reports year end profit of US$122,000

2019-02-15T01:25:13-05:00

Date: February 14, 2019  Productive Business Solutions Limited (PBS) for the year ending December 30, 2018, reported an increase in revenues from US$171.99 million in 2017 to US$185.50 million in 2018, an 8% increase. For the quarter, revenues increased 25% to total US$57.79 million relative to US$46.36 million the prior quarter. Direct expenses increased 12%

15 02, 2019

EFRESH reports 78% decline in year end net profits

2019-02-15T01:05:13-05:00

Date: February 14, 2019  Everything Fresh Limited (EFRESH)for the Year Ended December 30, 2018Revenue grew by 4% for the period amounting to $1.88 billion, up from $1.81 billion reported a year ago. For the fourth quarter, revenues totaled of $489.07 million, a 10% increase when compared to last period’s $443.15 million. Cost of sales closed

15 02, 2019

PULS reports 25% increase in six months net profit

2019-02-15T00:50:34-05:00

Date: February 14, 2019 Operating revenue increased by 9% amounting to $237.09 million in the six months period relative to $216.79 million in the prior year. For the quarter, operating revenue closed at $108.02 million (2017: $ 97.41 million). Administrative and other expenses amounted to $101.05 million compared to $97.65 million, a 3% increase. As

15 02, 2019

ISP reports 3% increase in year end net profit

2019-02-15T00:34:16-05:00

Date: February 14, 2019 ISP Finance Services Limited’s (ISP) total interest income amounted to $306.59 million compared to $288.74 million in 2017, an increase of 6%. For the quarter, total interest income amounted to $92.83 million (2017: $78.04 million). Total income is broken down as follows: Interest income from loans grew 7% to total $306.21

15 02, 2019

KEY reports $162.66 million in year end losses

2019-02-15T00:19:46-05:00

KEY Insurance Company Limited (KEY), for the year ended December 31, 2018 reported a 27% increase in net premiums written to $1.18 billion from $930.30 million in 2017. For the fourth quarter ended December 31, 2018, Key Insurance Company Limited (KEY), reported a 20% decrease in net premiums written to $236.07 million from $293.58 million. This

15 02, 2019

CAR reports 2% increase in nine months net profits

2019-02-15T00:15:51-05:00

Carreras Limited (CAR), for the nine months ended December 30, 2018 reported Operating Revenue of $9.86 billion, 3% more than the $9.53 billion booked in 2017. Revenue for the quarter increased by 2% compared to the corresponding quarter moving to $3.55 billion in 2018 from $3.47 billion in 2017. Cost of Operating Revenue also increased year

15 02, 2019

HONBUN reports 39% increase in three months net profit

2019-02-15T00:07:04-05:00

Date: February 14, 2019 Honey Bun (1982) Limited (HONBUN) for the three months ended December 31, 2018 booked a 14% increase in revenue to $369.01 million, up from $322.83 million. The Company’s cost of sales increased by 9% to $194.15 million (2017: $178.87 million) which consequently led to a 21% increase in gross profit to close

15 02, 2019

PAL reports loss of $4.55 million for six months ended

2019-02-15T00:03:35-05:00

Date: February 14, 2019 Palace Amusement Company (PAL) reported six months total revenues of $520.09 million, a 5% increase when compared with the $492.99 million recorded for corresponding period in 2017. Total revenue for the quarter increased 8% to total $250.71 million relative to the $233.03 million recorded for same period in 2017. Direct Expenses

14 02, 2019

JMMB reports 17% inrease in nine months net profit attributable to the shareholders

2019-02-14T23:59:07-05:00

Date: February 14, 2019  JMMB Group Limited (JMMBGL) for the nine months ended December 31, 2018 recorded net interest income of 6.68 billion, an 18% increase when compared with $5.66 billion recorded for the corresponding period in 2017. Interest expenses increased 6% to total $6.44 billion relative to the $6.07 billion recorded for the same period

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