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9 08, 2017

30 day CD’s available via competitive auction

2017-08-09T19:00:59-05:00

Today marks the third competitive price auction of the 30-day certificate of deposits (CD’s) to primary dealers and deposit taking institutions (DTIs).  This as on June 27, 2017, the Bank of Jamaica (BOJ) announced that 30-day CD’s will be issued in fixed volumes by competitive multiple-price auctions. This announcement came on the heels on the

9 08, 2017

Government Operations Results for June 2017

2017-08-24T19:05:19-05:00

For the period of April 2017 to June 2017, the GOJ reported Total Revenues & Grants of $125.84 billion, $7.76 billion more than the government’s projection. Furthermore, year over year, this represents an increase of approximately 9.3% relative to the $115.13 billion recorded for the corresponding period in 2016. ‘Tax Revenue,’ ‘Non-Tax Revenue’ and ‘Grants’

9 08, 2017

SIJL: Annual General Meeting Announcement/Special Advisory

2017-08-09T13:45:43-05:00

Scotia Investments Jamaica Limited (SIJL) has advised that an Extraordinary General Meeting has been scheduled for 2:00 p.m. on August 30, 2017 at the Jamaica Pegasus Hotel, 81 Knutsford Boulevard, Kingston 5, at which stockholders will be asked to consider and if thought fit, pass the following resolution: "That pursuant to, and in accordance with,

8 08, 2017

Daily Market Summary- August 8, 2017

2017-08-08T22:30:49-05:00

Please click below to view today’s Daily Market Summary. Daily Market Summary 08.08.17 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information

8 08, 2017

HONBUN reports 36% decline in nine months Net Profit.

2017-08-08T22:26:12-05:00

Honey Bun (1982) Limited (HONBUN) For the Nine Months Ended June 30, 2017: Revenue grew by 7% amounting to $969.42 million, up from $903.45 million reported a year ago. The Company had a 13% increase in Cost of Sales to $550.16 million and consequently, Gross Profit increased by 1% or $3.08 million year-to-date to $419.26

8 08, 2017

SALF books 31% increase in nine months net profit

2017-08-08T21:55:46-05:00

Salada Foods Jamaica Limited (SALF) for the nine months ended June 30, 2017, recorded an 8% increase in turnover for the quarter to $208.42 million (2016: $192.16 million). Salada Foods’ turnover increased by 13% to $612.80 million for the nine months ended June 2017 compared to $540.28 million booked in the previous year. The company

8 08, 2017

Jetcon reports 143% increase in six months Net Profit.

2017-08-08T20:49:35-05:00

Jetcon Corporation Limited (JETCON) For the six months ended June 30, 2017: Revenue for the six months increased 62% to total $548.23 million, up $209.79 million from the $338.44 million recorded in the prior year. For the quarter the company saw a 52% increase in revenue totalling $291.92 million compared to (2016: $192.41 million) Costs

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