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5 03, 2018

Featured Stock: DTL

2018-03-05T14:32:04-05:00

March 5, 2018 Please click below to view today’s featured stock. Weekly Picks 05.03.18 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

2 03, 2018

DTL reports year end profit attributable to shareholders of $252.37 million

2018-03-02T21:45:45-05:00

March 2, 2018 Derrimon Trading Limited (DTL) reported trading income of $6.72 billion for the year ended December 31, 2017. For the quarter, trading income amounted to $396.58 million. Cost of Sales for the year amounted to $5.39 billion, resulting in a gross profit of $1.34 billion for the 2017 financial year. Gross profit for

2 03, 2018

JP netted $1.62 billion for year ended Dec 2017

2018-03-02T21:26:11-05:00

March 2, 2018 For year ended December 31, 2017, Jamaica Producers Group Limited (JP) experienced a 34% increase in revenue to total $16.16 billion compared to the $12.08 billion reported in 2016. The company posted fourth quarter revenue of $4.77 billion a 23% increase (2016: $3.88 billion). The  Food & Drink Division had a $735.41

2 03, 2018

KW reports 25.9% increase in year end net profit.

2018-03-02T15:57:54-05:00

March 02, 2018 Kingston Wharves Limited (KW) for the year ended December 31, 2017 reported total revenue of $6.37 billion, a 17.7% or $959.3 million increase relative to the $5.41 billion recorded for the corresponding period in 2016. Revenue for the quarter amounted to $1.85 billion, an 18.8% increase relative to the $1.55 billion recorded

2 03, 2018

VMIL reports 9.1% increase in net proft.

2018-03-02T15:56:10-05:00

March 02,2018 Victoria Mutual Investments (VMIL) for the year ended December 31, 2017 reported total interest income of $735.67 million, a marginal increase of 0.4% relative to the $732.75 million recorded for the corresponding period in 2016. Interest expense for the period amounted to $488.68 million, relative to the $481.99 million recorded in 2016. As

2 03, 2018

SVL reports a 2% increase in year end net profit

2018-03-02T01:34:17-05:00

March 01, 2018 Supreme Ventures Limited (SVL) for the year ended December 31, 2017 reported a 25% in revenues from $44.92 billion for the 2016, up to $56.19 billion in 2017. While for the fourth quarter revenues totaled $14.95 million relative to $11.87 million in 2016.SVL noted,  “2017 was a year of significant growth for Supreme

2 03, 2018

SOS books 78% increase in year end net profit

2018-03-02T01:28:04-05:00

March 01, 2018 SOS reported year end revenue of $906.51 million relative to 702.07 million in 2016, a 29% increase, while for the fourth quarter revenues amounted to $241.63 million (2016: $178.35 million). The company’s cost of sales totaled $483.49 million up 33% relative to the $363.40 million reported in 2016. As a result gross

1 03, 2018

U.S. National Income and Product Accounts Gross Domestic Product: Fourth Quarter and Annual 2017

2018-03-01T19:48:16-05:00

March 01, 2018 Fourth Quarter GDP Real gross domestic product (GDP) increased at an annual rate of 2.5% in the fourth quarter of 2017, the Bureau of Economic Analysis reported on the 28th February 2018. This was a .7% decrease from the growth rate of 3.2% reported for the third quarter in 2017. The deceleration

1 03, 2018

KPREIT reports 39% decline in year end profit

2018-03-01T19:06:54-05:00

March 01, 2018 Kingston Properties Limited reported Rental Income of $196.32 million, 50.49% more than the $130.46 million reported for 2016. Property management fee of $7.96 million was reported for 2017 relative to none reported in 2016. There was no Other Income reported in 2017 and according to the company. This resulted in a 56.59%

1 03, 2018

SIL reports 34% decline in year end net profit

2018-03-01T16:37:15-05:00

March 01,2108 Sterling Investments Limited (SIL) for the year ended December 31, 2017, reported a 35% decline in total revenue to $91.98 million compared to $141.43 million recorded for the corresponding period in 2016. Of total revenue: Interest income closed the period at $79.08 million, up 1.3% from the $78.10 million for the comparable period

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