Kingston Wharves Limited (KW) for the nine months ended September 30, 2017 recorded revenue of $4.52 billion, a 17% increase when compared to $3.85 billion for the same period last year, while revenue for the third quarter grew 14% to $1.58 billion (2016: $1.38 billion). This as both the company’s ‘Terminal Operations’ and ‘Logistics &
Cargo Handlers Limited (CHL) for the year ended September 30, 2017 reported revenues of $320.83 million, 4% higher than the $307.77 million booked in 2016. However, revenue for the quarter contracted 11% to $65.39 million relative to $73.40 million documented for the corresponding quarter of 2016. The company noted, “this result was due to a combination
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Supreme Ventures Limited (SVL) for the nine months ended September 30, 2017 reported a 25% in revenues from $41.24 billion for the 2017 period, up from $33.06 billion in 2016. While for the third quarter revenues totaled $13.87 million relative to $10.90 million in 2016. Revenues from the company’s segments were as follows: Lottery -
At NCBF’s fourth investor briefing for the 2017 financial year, NCB Group Finance and Deputy Managing Director, Dennis Cohen gave a brief review of the Group’s record performance in 2017 and non-financial highlights. NCBFG for the 2017FY produced record profits for both the Group and for a listed company on the Jamaica Stock Exchange (JSE).
NCB Financial Group Limited (NCBFG) for year ended September 31, 2017, recorded a 6% increase in Net Interest Income relative to the corresponding period in 2016, to total $29.76 billion (2016: $28.12 billion). For the quarter Net Interest Income also improved 6% to close at $7.57 billion (2016: $7.13 billion). Interest Income for the year
U.S.: Dollar set for biggest weekly drop in four weeks on tax concerns The dollar edged higher on Friday as an overnight spike in U.S. Treasury bond yields prompted some investors to buy the greenback after some recent heavy selling. But the greenback was set for its biggest weekly drop in four weeks as investors
Reported in US$ (except where it is indicated otherwise) Proven Investments Limited (PROVEN) for the six months ended September 30, 2017 booked Net Interest of $4.68 million, up from the $3.40 million documented in 2016. Net Interest Income for six month ended September 30, 2017 totaled $9.20 million, an increase of approximately $2.12 million relative
U.S.: Dissecting the $250 Billion China Deals Trump Got for U.S. How does $250 billion in deals get sliced? The White House has unveiled a slew of agreements with China as President Donald Trump seeks to address an imbalance in trade. While Commerce Secretary Wilbur Ross boasted a total of $250 billion in business deals,
Jamaica’s Net International Reserves totaled US$3,084.98 million as at October 2017, reflecting a decrease of US$52.16 million relative to the US$3,137.14 million reported as at the end of September 2017 (see figure 1). Changes in the NIR resulted from a 1% or US$55.68 decline in Foreign Assets to total US$3,659.26 million compared to US$3,714.94 million
