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11 08, 2017

Carreras reports 12% decline in Net Profit Attributable to Shareholders for 2018 first quarter.

2017-08-15T17:21:34-05:00

Carreras Limited For the quarter ended June 30, 2017:- Carreras Limited reported Operating Revenue of $2.82 billion, 16% lower than the $2.62 billion booked in 2016. Cost of Operating Revenue also decline year over year by 19%, amounting to $1.39 billion from $1.71 billion.  As such, Gross Operating Profit declined by 13% to total $1.42

11 08, 2017

AFS reports 29% growth in first quarter net profit

2017-08-15T17:21:53-05:00

Access Financial Services Limited (AFS) for the three months ended June 30, 2017 reported $343.04 million in total interest income for the first quarter relative to last year’s $302.50 million. Of this Interest Income from Loans amounted to $339.32 million while Interest Income from Securities totaled $3.72 million (2016: $1.88 million). Interest Expense charged for

11 08, 2017

KLE reports $7.12 million in net profit for second quarter 2017

2017-08-15T17:21:43-05:00

For the first half of the 2017 financial year, the company recorded a total revenue of $103.72 million (2016: $90.69 million), representing a 14% increase in revenue. While for the second quarter revenues increased 18% to total $54.32 million. Cost of sales increased by 16% to $32.81 million compared to the $28.35 million reported in

11 08, 2017

Government announces invitation to purchase old notes

2017-08-11T16:50:18-05:00

The Jamaican Government on Tuesday made public its intention to purchase for cash, notes due 2019, 2021, 2022 and 2025. This paves the way for note holders validly tender their notes in the invitation which commenced on Tuesday, August 8, 2017 and will expire at 5:00 pm, New York time on Monday August 14, 2017.

11 08, 2017

BIL reports 3% increase in net profit for nine months

2017-08-11T17:25:03-05:00

  Interest income declined by 5% during the nine month period, to $832.02 million relative to $878.74 million for the comparable period in 2016. Interest expense also declined by 7% to close at $610.19 million compared to $653.21 million in 2016. As a result, net interest income declined by 2% to $221.83 million relative to

11 08, 2017

Overseas Headlines – August 11, 2017

2017-08-11T14:21:44-05:00

Asia: China's money rates slightly up on central bank-led cash drain China's primary money rates were slightly up for the week after the central bank drained some cash out of the market, though liquidity stress seen in June has abated and helped check any sharp moves. Traders said market sentiment was unaffected by the small

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