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17 05, 2019

MPCCEL reports first quarter net loss of US$67,472

2019-05-17T17:18:18-05:00

Date: May 17, 2019 MPCCEL, for the three months ended March 31, 2019, recorded total income of US$4,498 (2018: nil). Total expenses amounted to US$67,472. The breakdown for total expenses is as followed: Accountancy fees closed the period at US$4,013 (2018: US$625). Administrative fees for the quarter amounted to US$26,017 versus US$5,069 in the prior

16 05, 2019

138SL reports six months net loss of $43.74 million

2019-05-16T21:06:50-05:00

Date: May 16, 2019 138SL’s revenue increased by 4% to $428.15 million relative to the $411.90 million  recorded for the corresponding six months period the year prior. Other operating income also increased for the period under review, growing 3% to $16.40 million relative to $15.87 million a year earlier.  Revenue for the quarter fell by

16 05, 2019

PURITY reports 34% decline in first quarter net profits

2019-05-16T20:58:00-05:00

Date: May 16, 2019 Consolidated Bakeries (Jamaica) Limited (PURITY) recorded a slight increase in revenues to $273.63 million from $271.04 million reported for the corresponding period in 2018. Cost of sales for the period rose by 2% to close at $161.34 million (2018: $158.10 million), leading to a gross profit of $112.29 million (2018: $112.95

15 05, 2019

CFF reports 23% decline in first quarter net profit

2019-05-15T23:38:09-05:00

Date: May 15, 2019 Caribbean Flavours and Fragrances (CFF) revenues increased by 27% to $112.58 million relative to $88.72 million for the comparable period in 2018. CFF stated that, “the Company’s positive growth was driven by a combination of strategies implemented both in the local and overseas market. CFF expects this trend to continue based

15 05, 2019

JAMT reports 13% increase in six months net profits attributable to shareholders

2019-05-15T23:24:05-05:00

Date: May 15, 2019 Jamaican Teas Limited (JAMT) reported a 24% decline in revenues to total $692.45 million (2018: $906.02  million). For the quarter, revenues amounted to $314.22 million compared to $449.87 million in the previous corresponding period. Management stated that, “this was primarily due to increased domestic sales. Export sales improved slightly in the

15 05, 2019

PJAM reports 8% increase in first quarter net profit attributable to shareholders

2019-05-15T16:22:04-05:00

Date: May 15, 2019 PanJam Investments Limited (PJAM) for the three months ended March 31, 2019, reported a 12% increase in total income to total $583.08 million relative to $522.88 million booked for the prior year’s corresponding period. Of total income: Other income declined 1% from $32.23 million to $32.03 million. Investments went up grossly

15 05, 2019

EFRESH reports 97% decline in first quarter net profit

2019-05-15T16:19:25-05:00

Date: May 15, 2019 Everything Fresh (EFRESH) for the three months ended March 31, 2019 reported total revenues of $593.18 million, a 25% increase on the $474.62 million reported for the prior period in 2018. Cost of sales for the period increased 24% to $515.16 million relative to the $416.93 million booked the corresponding period

15 05, 2019

KPREIT reports 66% decline in first quarter net profit

2019-05-16T05:20:26-05:00

Date: May 15, 2019 Kingston Properties Limited, for the three months period, reported rental income of $59.31 million, 6% more than the $55.96 million reported in the previous corresponding period. KPREIT stated that, “The increase in revenue occurred due to the addition to the portfolio of a four-story office building in New Kingston, Jamaica, however

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