March 03, 2020 United States: U.S. Hits Back at China, Orders Media Outlets to Slash Staff “The Trump administration ordered four Chinese state-owned news outlets to slash the number of staff they have working in the U.S., part of a broader response to Beijing’s restrictions on American journalists including its expulsion of three Wall Street
March 02, 2020 Sterling Investments Limited (SIL) for the year ended December 31, 2019 reported a 34% increase in total revenue to $148.37 million compared to $110.45 million recorded for the corresponding period in 2018. The Company noted that, “the increase reflected increased foreign exchange earnings and trading gains.” Of total revenue: Interest income closed
March 02, 2020 GraceKennedy Limited (GK) recorded revenue of $103.09 billion for the period (2018: $97.54 billion), a year over year increase of 6%. Revenue for the quarter of 2019 improved by 10% to $26.06 billion (2018: $23.72 billion). GK highlighted that, “this is a historic achievement, the first time that the Group has surpassed
March 02, 2020 Sagicor Select Funds Limited (SELECTF), for the year ended December 31, 2019 reported net investment income of $1.04 billion. Dividend income closed the year ended December 31, 2019 at $104.23 million, moreover, other net changes in fair value on financial assets at fair value totalled $931.83 million, while investment income amounted to
March 02, 2020 Caribbean Flavours and Fragrances (CFF), revenues increased to $462.46 million for the twelve months ended December 31, 2019. Cost of sales amounted to $323.30 million. Management noted, “the company faced significant increase in logistics costs and increases from suppliers this resulted in substantial increases in cost of sales.” Consequently, gross profit amounted
March 02, 2020 Jetcon Corporation Limited (JETCON), for the twelve months ended December 31, 2019, reported a 12% decline in turnover for the twelve months to $1.03 billion (2018: $1.16 billion), while for the fourth quarter revenues rose by 4% to $278.68 million in 2019 from $269.18 million in 2018. Cost of sales also decreased
March 02, 2020 JSE recorded total revenue of $1.87 billion, a 35% increase when compared to the $1.39 billion booked the prior year. Of this: Cess income rose by 41% to $697.32 million relative to $494.71 million the previous year. Fee income grew by 29% to $1.05 billion to close the year, compared to $808.15
March 02, 2020 Kingston Properties Limited reported Rental Income of USD$1.69 million, 7% more than the USD$1.57 million reported for 2018. Operating expenses remained relatively constant at USD$1.02 million relative to the USD$1.02 million posted for the same period last year. As such, Results of Operating activities before other gains amounted to USD$673,797, a 21%
March 02, 2020 tTech Limited (tTech) for the twelve months ended December 31, 2019; booked a 20% increase in revenues to $340.37 million compared to $283.92 million for the prior financial year. Revenue for the quarter closed at $78.28 million relative to $69.08 million in 2018. Cost of sales rose by 51% to $95.17 million
