Total Revenues increased by 5% to $30.36 billion from $29 billion in 2016, while for the second quarter Total Revenues were down 1% to total 15.09 billion compared to 15.29 billion in 2016.Total revenue was broken down as follows: Net premium revenue increased by 12% to a total of $17.41 billion compared to $15.61 billion
Paramount Trading (Jamaica) Limited (PTL) For the year ended May 31, 2017 Paramount Trading (Jamaica) Limited recorded a 13% increase in Total Revenues to $1.16 billion from $1.02 billion in 2016. This growth was attributable to 8% or $69.97 million increase in revenues from the “Chemicals” segment which amounted to $912.57 million, along with a 35%
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Europe: Hot and cold: Euro zone grows but inflation slows Data in the coming week should confirm the euro zone economy is running hot, after the IMF upgraded growth forecasts and Greece returned to the debt market, although inflation figures could throw cold water on ECB plans to start tightening policy. Growth in the single
Berger Paints Jamaica Limited Annual General Meeting At Berger Paints Jamaica Limited’s Annual General Meeting (AGM), Independent Director, Mike Fennell opened the meeting welcoming shareholders and the relevant persons on hand. Following the reading of the audit report, General Manager,Mr. Turra, spoke on the performance of the company after being introduced. Mr. Turra began his
Carreras Limited (CAR) has advised that at a Board meeting held on July 26, 2017 the Directors approved a resolution to recommend to the members of the Company at the Annual General Meeting of the Company scheduled for September 6, 2017 the Articles of Incorporation of the Company for adoption, as replacement and substitution for
NCB Capital Markets Limited has advised that further to its previous advisory, the Invitation for Subscription (the “Invitation”) made by Productive Business Solutions Limited (the “Company”) subject to a prospectus dated June 22, 2017 in respect of Preference Shares (the “Shares”) at the price of J$100.0 per share was successfully closed at 4:00 p.m. on
NCB Financial Group (NCBFG) held its second investor briefing for the calendar year where Group Finance and Deputy Managing Director, Mr. Dennis Cohen, and Group Managing Director Mr. Patrick Hylton, reviewed the third quarter performance ended June 30, 2017. NCBFG recorded net profits of $14.72 billion for the nine months ended June 30, 2017, a
Lasco Financial Services Limited (LASF) has advised that a connected party purchased 200,000 LASF shares on July 24, 2017.
Knutsford Express Services Limited (KEX) for the year ended May 31, 2017 reported total revenue of $752.40 million, a 290% or $167.91 million increase when compared with the $584.49 million reported for the prior financial year. Revenue for the quarter amounted to $199.73 million, an increase of 69% from the $118.14 million for the same
