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10 05, 2019

GK reports 23% decline in first quarter net profit

2019-05-10T17:44:33-05:00

Date: May 10, 2019 GraceKennedy Limited (GK) recorded revenues of $25.93 billion for the period under review (2018: $24.91 billion), a year over year increase of 4%. Segment report is as follows:  The Food Trading Business reported revenue of $21 billion (2018: $20.02 billion). The Group highlighted that, “the Food Trading segment recorded improved revenue

9 05, 2019

Gas Price Movement- May 09, 2019

2019-05-09T19:30:44-05:00

Brent Oil Brent oil prices decreased by 1.33% or US$0.94, as prices decreased this week relative to the prior week. Oil traded on May 09, 2019 at a price of US$69.81 per barrel relative to US$70.75 on May 02, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices 87 Octane prices decreased

6 05, 2019

PURITY reports year end net profit of $12.96 million

2019-05-06T16:52:42-05:00

Date: May 06, 2019 Consolidated Bakeries (Jamaica) Limited (PURITY) recorded an 11% increase in revenue to $960.32 million from $862.61 million reported for the corresponding period in 2017. For the quarter, the Company recorded revenues of $243.87 million (2017: $219.54 million), representing an 11% growth. Cost of sales for the period rose by 7% to

6 05, 2019

Featured Stock: GK

2019-05-06T13:54:23-05:00

Date: May 06, 2019 Kindly click on the link below to view today's featured stock. Weekly Picks 06.05.19 GK 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

3 05, 2019

Government Operations Results for March 2019

2019-05-03T17:38:46-05:00

Date: May 03, 2019 For the period of April 2018 to March 2019, the GOJ reported Total Revenues & Grants of $628.99 billion, $1.43 billion more than the Government’s projection. Year over year, this represents an increase of approximately 12.2% relative to the $560.84 billion recorded for the corresponding period in 2018. ‘Tax Revenue’ and

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