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14 08, 2019

PAL reports 29% decrease in year-end net profit attributable to shareholders

2019-08-14T21:13:29-05:00

Date: August 14, 2019 Palace Amusement Company (PAL) for the year ended June 30, 2019 reported total revenues of $1.11 billion, a 4% decrease when compared with the $1.16 billion recorded for the corresponding period in 2018. The total revenue for the quarter increased 3% to total $338 million relative to the $327.07 million recorded

14 08, 2019

WISYNCO reports 28% increase in year end net profits

2019-08-14T20:01:55-05:00

Date; August 14, 2019 Wisynco Group Limited for the year ended June 30, 2019 reported total revenue of $28.69 billion, a 17% increase when compared with the $24.54 billion reported for the same period in 2018. Total revenues for the quarter amounted to $7.85 billion, reflecting an increase of 21% over the $6.49 billion achieved

14 08, 2019

KW reports a 40% increase in six months net profit attributable to shareholders

2019-08-14T17:43:44-05:00

Date: August 14, 2019 Kingston Wharves Limited (KW) for the six months ended June 30, 2019 revenue totaled $3.80 billion a 12% increase when compared to $3.39 billion for the corresponding period of the prior year, while revenue for the second quarter grew 12% to $1.97 billion (2018: $1.76 billion); as both the company’s ‘Terminal Operations’

14 08, 2019

PBS reports 33% increase in six months net profit

2019-08-14T17:08:41-05:00

Date: August 14, 2019 Productive Business Solutions Limited (PBS) for the six months ending June 30, 2019 reported an increase in revenues from US$82.01 million for the 2018 period to US$85.08 million in 2019, 4% increase. For the quarter, revenues increased 3% to total US$41.53 million relative to US$40.49 million the prior corresponding quarter. Direct

14 08, 2019

JP reports 52% increase in six months net profit attributable to shareholders

2019-08-14T17:02:05-05:00

Date: August 14, 2019 Jamaica Producers Group Limited (JP), for the six months ended June 30, 2019, experienced a 9% increase in revenue to total $10.16 billion compared to the $9.29 billion reported in 2018. The company posted second quarter revenue of $5.37 billion a 12% increase on 2018’s $4.81 billion. The Group mentioned that,

14 08, 2019

PJAM reports 118% increase in six months net profit attributable to shareholders

2019-08-14T16:29:46-05:00

Date: August 14, 2019 PANJAM Investment Limited (PJAM) for six months ended June 30, 2019 reported a 105% increase in total income to $2.30 billion relative to $1.12 billion booked for the prior year’s corresponding period. For the quarter, total income increased 187% to close at $1.72 billion (2018: $600.33 million).  Of total income: Investment increased

14 08, 2019

Overseas Headlines- August 14, 2019

2019-08-14T14:07:19-05:00

Date: August 14, 2019 United States: Trump’s New Farm Tariffs No Match for China’s Retaliatory Duties “President Donald Trump’s new tariffs on Chinese agricultural products are likely to hurt the Asian nation a lot less than the retaliatory duties Beijing already imposes on the U.S. The White House, while delaying tariffs on big-ticket consumer products

13 08, 2019

SIL reports 10% growth in six months net profit

2019-08-14T16:26:46-05:00

August 13, 2019 Sterling Investments Limited (SIL) for the six months ended June 30, 2019 reported interest income of $46.10 million, a 11% increase compared to $41.66 million booked twelve months earlier. Interest income for the quarter closed at $24.27 million compared to $20.69 million reported for the same quarter of 2018. Foreign exchange gain amounted

13 08, 2019

Special Advisory: SSL Venture Capital Jamaica Limited (SSLVC)

2019-08-13T22:05:35-05:00

Date: August 13, 2019 SSL Venture Capital Jamaica Limited (SSLVC) has announced that further to its release on June 12, 2019, the Company has finalized the transaction with Alpha Imaging Limited for a minority stake. SSLVC finalized the transaction with an official signing on July 26, 2019 for “an associate stake of 20.0%” in Alpha

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