ECL reports 137% increase in three months net profit.
2017-10-19T16:07:23-05:00Express Catering Limited (ECL) For the three months ended August 31, 2017 Revenues increased by 10% for the period to US$3.81 million (Q1 2016: US$3.47 million). The company commented that “Revenues have increased at an average of 3% annually for the last 2 fiscal years, so this is a much-improved performance”. Cost of sales (COS)
PJX reports six months loss of US$221,251
2017-10-17T17:14:13-05:00Portland JSX Limited (PJX) For the six months ended August 31, 2017 Net gain on financial assets classified at as fair value through profit and loss amounted to US$25,177 compared to US$434,060 last year. For the three months, net loss on financial assets classified as fair value through profit amounted to US$198,187 compared to a
U.S. Consumer Price Index up due to fuel price increase
2017-10-13T15:36:49-05:00According to the Bureau of Labor Statistics the Consumer Price Index for all urban customers increased by 0.5% in September on a seasonally adjusted basis. Over the last 12 months, the all items index rose 2.2%. The gasoline index increased 13.1%, this accounted for about three-fourths of the seasonally adjusted all items increase according
A TRIBUTE TO SUSHIL JAIN
2017-10-12T17:37:19-05:00We are deeply saddened by the sudden passing of our Director and friend, Mr. Sushil Jain. Sushil was the consummate professional, an astute businessman and a great advisor. He possessed a wealth of knowledge and experience in business and financial management. Sushil was an integral member of our team at Mayberry Investments, where he served
KREMI reports a 40% decline in six months net profit
2017-10-12T15:38:54-05:00Caribbean Cream Ltd. (KREMI) for six months ended August 31, 2017 reported a 9% increase in revenue totaling $673.26 million compared to $614.90 million in the corresponding period last year. Revenue for the second quarter rose 18% to close at $354.17 million compared to $299.64 million for the comparable quarter of 2016. Costs of Sales
U.S. Job Openings and Labor Turnover Summary – August 2017
2017-10-11T16:40:39-05:00The Bureau of Labor Statistics released its August 2017 summary of job openings and labor turnover earlier today. As at August 31st, there were 6.1 million job openings. According to the Bureau of Labor Statistics, the job openings rate was 4% in August, while the number of job openings was little changed for total private
Jamaica Broilers Group Limited (JBG) Acquires Hatchery Assets in the USA
2017-10-10T18:51:05-05:00On October 09, 2017, Jamaica Broilers Group Limited (JBG) advised the public of its acquisition of a second hatchery in the United States. The hatchery acquired was previously operating as Bell & Evans Hatchery in Big Valley, Pennsylvania. The Group has indicated the new facility will be renamed International Poultry Breeders Hatcheries Inc. the acquisition
Net International Reserves – September 2017
2017-10-09T15:47:41-05:00Jamaica’s Net International Reserves totaled US$3,137.14 million as at September 2017, reflecting a decrease of US$532.23 million relative to the US$3,669.37 million reported as at the end of August 2017 (see figure 1). Changes in the NIR resulted from a 13% or US$532.27 decline in Foreign Assets to total US$3,714.94 million compared to US$4,247.21 million