At NCBF’s fourth investor briefing for the 2017 financial year, NCB Group Finance and Deputy Managing Director, Dennis Cohen gave a brief review of the Group’s record performance in 2017 and non-financial highlights. NCBFG for the 2017FY produced record profits for both the Group and for a listed company on the Jamaica Stock Exchange (JSE).
Medical Disposables & Supplies Limited For the six months ended September 2017: Revenue amounted to $964.89 million, an increase of 17%, when compared with the $826.44 million booked last year. According to the company, “This positive performance was driven by the Company’s strategic plan to increase its market share, through increased product offerings and the
Grace Kennedy Limited (GK) For the Nine Months ended September 30, 2017: Revenue totalled $69.30 billion for period (2016: $66.65 billion), a year over year increase of 4%. For the quarter the company increased revenue by 1.75% to total $22.93 billion (2016: $22.53 billion). The biggest contributor to the group’s overall revenue for the nine
NCB Financial Group Limited (NCBFG) for year ended September 31, 2017, recorded a 6% increase in Net Interest Income relative to the corresponding period in 2016, to total $29.76 billion (2016: $28.12 billion). For the quarter Net Interest Income also improved 6% to close at $7.57 billion (2016: $7.13 billion). Interest Income for the year
U.S.: Dollar set for biggest weekly drop in four weeks on tax concerns The dollar edged higher on Friday as an overnight spike in U.S. Treasury bond yields prompted some investors to buy the greenback after some recent heavy selling. But the greenback was set for its biggest weekly drop in four weeks as investors
Brent Oil Brent oil prices rose by 4.96% (US$3.00), as prices declined this week. Oil traded on November 8, 2017 at a price of 63.49 (US$/ barrel) and began the year at US$56.90 per barrel. Petrojam prices 87 Octane prices increased week over week, by 1.35% (US$1.61 ). Additionally 90 Octane increased by 1.35% or
Reported in US$ (except where it is indicated otherwise) Proven Investments Limited (PROVEN) for the six months ended September 30, 2017 booked Net Interest of $4.68 million, up from the $3.40 million documented in 2016. Net Interest Income for six month ended September 30, 2017 totaled $9.20 million, an increase of approximately $2.12 million relative
U.S.: Dissecting the $250 Billion China Deals Trump Got for U.S. How does $250 billion in deals get sliced? The White House has unveiled a slew of agreements with China as President Donald Trump seeks to address an imbalance in trade. While Commerce Secretary Wilbur Ross boasted a total of $250 billion in business deals,
Mayberry Investments Limited (MIL) advised that a connected party sold 1,657,177 MIL shares on November 7, 2017.
Mayberry Investments Limited (MIL) has advised that Mr. Nathanael Samuels, Chief Financial Controller has resigned effective August 31, 2017. MIL further advised that Mrs. Dianne Tomlinson-Smith assumed the role effective September 1, 2017.
