The European Union (EU) economic accounts showed a 2.8% decline in agricultural output to €405.0 billion at basic prices in 2016, compared to 2015. According to Eurostat, “In 2016, the equivalent of 59% of the value of agricultural output generated was spent on intermediate consumption (input goods and services), while gross value added (i.e. the
The International Monetary Fund (IMF) recently concluded its visit to Jamaica and reiterated its commitment to supporting both Jamaica and the region in their efforts to achieve “inclusive and resilient growth”. The visit was conducted by a team led by Christine Lagarde, Managing Director of the International Monetary Fund (IMF). During the The Managing Director
The inflation rate for the month October 2017 was 0.4%, following an upward movement of 0.7% in September 2017. The movement was attributed mainly to the ‘Housing, Water, Electricity, Gas and Other Fuels’ division which recorded an increase of 1.7%. According to the Statistical Institute of Jamaica (STATIN), the movement was traced to a 2.2%
Please click below to view today’s Featured Stock. Weekly Picks 20.10.17 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 is strictly
Access Financial Services Limited (AFS) for the six months ended September 30, 2017 reported $658.40 million (2016: $622.19 million) in total interest income. Of this Interest Income from Loans amounted to $651.88 million (2016: $618.73 million) while Interest Income from Securities totaled $6.52 million (2016: $3.47 million). Interest Expense charged for the period totaled $57.06
PANJAM Investment Limited (PJAM) for nine months ended September 30, 2017 reported a 22% increase in total income from $1.30 billion relative to $1.59 billion booked for the prior year’s corresponding period. For the quarter total income increased 57% to $643.48 million (2016: $409.90 million). According to PJAM, “the year to date growth was due mainly
Sterling Investments Limited (SIL) for the Nine Months Ended September 30, 2017 reported a 17% decrease in total revenue to $93.24 million compared to $112.50 million in 2015. Total revenue for the quarter increased 7% to close at $31.14 million compared to $28.99 million for the corresponding quarter of 2016. Of total revenue: Interest income
The Palace Amusement Company (1921) Limited (PAL) for the three months ended September 30, 2017 booked an 12% improvement in revenue to $259.96 million (2016: $231.84 million), while Direct Expenses increased by 9% to $204.66 million (2016: $187.09 million). As a result, Gross Profit increased by 24% to $55.30 million (2016: $44.75 million) Other Operating
JMMB Group Limited - (JMMBGL) for the six months ended September 30, 2017 booked Net interest income of $3.76 billion compared to $3.26 billion in 2016, an increase of 15%. This as interest income grew by 8% to close at $7.83 billion, from the $7.26 billion booked in 2016, while interest expenses increased by 2%
Eppley Limited (EPLY) for the nine months ended September 30, 2017 recorded a 29% increase in interest income to $190.96 million, from $148.29 million booked in the previous year. While for the third quarter interest income amounted to $66.73 million relative to $55.85 million in 2016. Interest Expenses amounted to $116.54 million, up 37% from
