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15 05, 2017

PULS reports 17% increase in nine months net profit

2017-06-10T17:06:11-05:00

For the nine months ended March 31, 2017, Pulse Investment Limited (PULS) recorded operating revenue of $263.66 million, up 22% from the $216.35 million reported in 2016, while Operating Revenue for the three months ended March 2017 was up 16.3% to close at $75.17 million (2016: $64.65 million). Administrative and Other Expenses grew by18%, closing

15 05, 2017

ISP turn profit for the first quarter ended March 2017

2017-06-10T17:06:16-05:00

For the first quarter ended March 31, 2017, ISP Finance Services Limited’s (ISP) Total Interest Income amounted $65.53 million compared to $52.43 million in 2016, an increase of 25%. It is broken down as follows:  Interest Income from Loans grew by 26% to total $64.28 million relative to $51.21 million reported in the same

15 05, 2017

SRA reports year end net profit of $1.76 million

2017-06-10T17:06:21-05:00

For the year ended March 31, 2017, Sweet River Abattoir & Supplies Company Limited (SRA) recorded a 60% increase in revenues to $345.25 million compared to the $215.15 million reported in 2016. Revenue for the fourth quarter amounted to $88.15 million compared to $55.87 million in 2016. The Company comments that the, “The company generated

15 05, 2017

JSE Posts 55% decline in first quarter net profit

2017-06-10T17:06:26-05:00

For the three months ended March 30, 2017, Jamaica Stock Exchange (JSE) recorded total revenue of $241.07 million, a 26% decrease when compared to the $326.82 million booked the prior year’s corresponding period. JSE attributed the movement to, “an extraordinarily large transaction that occurred in Q1 2016.” Of this: o Cess income declined 63% to

15 05, 2017

Kingston Wharves Reports 20% Increase In First Quarter Net Profit

2017-06-10T17:06:28-05:00

For the period ended March 31, 2017, Kingston Wharves Limited (KW) reported revenues of $1.39 billion a 16% increase when compared to $1.20 billion for the same period last year. This as both the company’s ‘Terminal Operations’ and ‘Logistics & Ancillary Service’ segments reported increases. The ‘Terminal Operations’ which accounted for 78% of total revenues,

15 05, 2017

CFF reports a 37% decline in net profit for the third quarter ended March 2017

2017-06-10T17:06:32-05:00

For the 9 months ended March 31, 2017, Caribbean Flavours & Fragrances Limited’s (CFF) revenue for the period in review increased by 13% to $300.67 million relative to $266.11 million for the comparable period in 2016. For the quarter, the Company generated gross revenue of $88.82 million, an increase of 21% year over year. The

13 05, 2017

Eppley reports 51% increase in for the first quarter of 2017

2017-06-10T17:06:37-05:00

For the three months ended March 2017, Eppley Limited (EPLY) reported interest income of $62.54 million an increase of 42% when compared to the $43.97 million recorded the previous year. Interest expenses amounted to $36.86 million, a 29% increase when compared to $28.58 million for the corresponding period in 2016. Consequently, net interest income increased

13 05, 2017

GK reports a 28% decline in net profit for the first quarter of 2017

2017-06-10T17:06:42-05:00

For the three months ended March 31, 2017,GraceKennedy Limited (GK) reported total revenue of $23.69 billion for period (2016: $22.13 billion), a year over year increase of 7%. The biggest contributor to the group’s overall revenue for the first quarter was income from the ‘Food Trading’ segment which contributed a total of $18.82 billion (2016:

13 05, 2017

JAMT reports 33% increase in net profit for the Second Quarter of 2017

2017-06-10T17:06:47-05:00

Jamaican Teas Limited (JAMT) reported revenue for the second quarter ended March 2017 of $386.11 million, an increase of 37% compared to the $281.30 million booked for the corresponding period in 2016. Year to date, the company reported a 21% increase in Revenue to total $760.01 million (2016: $625.91 million). According to the company, “Export

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