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11 03, 2019

INDIES recorded 100% increase in first quarter net profits

2019-03-11T21:31:02-05:00

Date: March 11, 2019 Indies Pharma Jamaica Limited reported revenue of $168.18 million, 11% higher than the $151.20 million booked in 2018. Cost of Sales decreased 16% to close at $49.94 million (2018: $59.24 million), This resulted in Gross profit increasing by 29%, amounting to $118.24 million for the period relative to $91.96 million in

11 03, 2019

VMIL recorded 15% increase in year end net profits

2019-03-11T21:27:58-05:00

Date: March 11, 2019 Interest income fell by 0.6% to $731.26 million relative to 2017’s $735.67 million. Interest income for the quarter amounted to $208.02 million, 17% above the $117.77 million booked for the similar quarter of 2017. Additionally, other interest income for the year was realized at $7.10 million (2017: nil). Management noted, “this

11 03, 2019

Featured Stock: JAMT

2019-03-11T14:02:54-05:00

Date: March 11, 2019 Kindly click the link below to view today's featured stock. Weekly Picks 11.03.19 JAMT 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

8 03, 2019

Kingston Properties plans to diversify in regional markets

2019-03-08T21:49:15-05:00

Date: March 08, 2019 Kingston Properties revealed a brief overview and the ways moving forward for the business at its Analyst Forum, given by the Company’s Chief Executive Officer (CEO), Mr. Kevin Richards. He stated that, “KPREIT’s growth strategy centers around acquiring long term investment properties and improving rental income overtime.” The Company showcased the

7 03, 2019

Gas Price Movement- March 07, 2019

2019-03-07T19:37:48-05:00

Brent Oil Brent oil prices increased by 0.64% or US$0.42, as prices increased this week relative to the prior week. Oil traded on March 7, 2019 at a price of US$66.45 per barrel relative to US$66.03 on February 28th, 2019. Brent oil began the year at US$54.91 per barrel. Petrojam prices 87 Octane prices decreased

5 03, 2019

Government Operations Results for January 2019

2019-03-05T22:07:52-05:00

Date: March 05, 2019 For the period of April 2018 to January 2019, the GOJ reported Total Revenues & Grants of $496.55 billion, $3.79 billion more than the Government’s projection. Year over year, this represents an increase of approximately 14.2% relative to the $434.88 billion recorded for the corresponding period in 2017. ‘Tax Revenue’ outperformed

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