Trade Sheet: Monday November 18, 2019
Rochelle Muncey 2019-11-18T14:32:22-05:00
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KEY reports Nine Months Net Loss of $298.81 million
Rochelle Muncey 2019-11-18T12:50:09-05:00Date: November 18, 2019 Key Insurance Company Limited (KEY) for the nine months ended September 30, 2019 reported a 79% decline in net premiums written to $199.62 million relative to $943.53 million recorded for the same period in 2018. This performance was as a result of a 22% decrease in gross premium written which closed
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Overseas Headlines-November 18, 2019
Rochelle Muncey 2019-11-18T09:06:10-05:00Date: November 18, 2019 United States: U.S., China Trade Negotiators Discuss Concerns of Phase One “U.S. and Chinese trade negotiators held “constructive discussions” in a phone call on Saturday to address each side’s core concerns of phase one of the trade deal. China’s Vice Premier Liu He, the country’s key negotiator in the trade talks
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KLE reports $3.99 million for Nine Months Net Loss
Rochelle Muncey 2019-11-15T13:55:10-05:00November 15, 2019 K.L.E. Group Limited (KLE), for the nine months ended September 30, 2019 reported Revenue of $153.89 million, relative to $156.66 million last year, a 2% decline. For the third quarter, revenue totalled $52.02 million, relative to $52.63 million last year, a 1% decline. Cost of sales contracted by 10% to $46.28 million
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11, 2019
GENAC reports 34% increase in nine months net profit
Rochelle Muncey 2019-11-15T13:54:12-05:00November 15, 2019 General Accident Insurance Company Limited (GENAC), for the nine months ended September 30, 2019, reported Gross premium written of $8.94 billion, 21% higher than the $7.40 billion reported for 2018. Excess of loss reinsurance went up to $99.63 million, from $70.38 million reported in 2018 while Reinsurance ceded amounted to $7.20 billion relative
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ISP reports 54% increase in nine months net profit
Rochelle Muncey 2019-11-15T13:54:04-05:00November 15, 2019 ISP Finance Services Limited’s (ISP) total interest income amounted to $275.85 million compared to $213.76 million in 2018, an increase of 29%. For the quarter, total interest income amounted to $93.82 million (2018: $69.63 million). Of this : Interest income from loans grew by 29% to total $275.85 million relative to $213.49 million
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DCOVE reports a 28% decline in Nine Months Net Profit
Rochelle Muncey 2019-11-15T13:56:30-05:00November 15, 2019 Dolphin Cove Limited (DCOVE), for the nine months ended September 30, 2019 reported total revenue of US$11.63 million, relatively unchanged when compared to US$11.62 million booked the year prior. Total revenue for the quarter amounted to US$3.79 million (2018: US$3.89 million). According to the company, “during the nine months to September the Tour
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GWEST reports six month net loss of $42.21 million
Rochelle Muncey 2019-11-27T09:04:33-05:00November 15, 2019 GWEST Corporation Limited (GWEST), for the six months ended September 2019 reported revenue of $68.91 million, an increase of 20%, when compared with the $57.21 million booked last year. Revenue for the quarter totalled $35.44 million up 12% year over year (2018: $31.72 million). Cost of sales fell 11% to total $18.46
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iCreate reports six months net loss of $12.51 million
Rochelle Muncey 2019-11-15T13:57:02-05:00November 15, 2019 iCreate Limited (ICREATE) for the nine months ended September 30, 2019 reported revenues of $41.40 million, up from $29.44 million reported a year ago. For the third quarter, ICREATE posted $16.38 million in revenue (2018: $9.69 million). Management noted, “Of total revenues, our business to consumer (B2C) market is our strongest, showing