Date: July 30, 2019 Paramount Trading (Jamaica) Limited recorded a 14% increase in total revenues to $1.60 billion from $1.40 billion reported in 2018. This resulted mainly from a $151.94 million increase in the manufacturing segment which closed at $193.74 million. The chemicals segment, which accounted for 57% of revenue, recorded a 7% increase to
Date: July 30, 2019. In United States dollars (except where it is indicated otherwise): Margaritaville Turks Limited (MTL), for the twelve months ended May 2019, reported revenues of $7.59 million versus $6.02 million in the prior corresponding period. Cost of sales increased by 21% for the period to $2.32 million (2018: $1.91 million), while for
Date: July 30, 2019 Sagicor Group Jamaica Limited (SJ) for the six months ended June 30, 2019, Total Revenues increased by 33% to $42.59 billion from $32.02 billion in 2018, while for the second quarter Total Revenues improved 39% to total $22.47 billion compared to $16.20 billion in 2017. Total revenue year to date was
Date: July 30, 2019 Victoria Mutual Investments Limited (VMIL) has advised that at a meeting of the Board of Directors held on July 29, 2019, a recommendation was made for no dividend payments to be made at this time. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however
Date: July 30, 2019 Wisynco Group Limited (WISYNCO) has advised that at a meeting of the Board of Directors held on July 29, 2019, a resolution was passed approving a dividend payment of JMD $0.10 per share, payable on Tuesday, August 27, 2019, to shareholders on record as at Tuesday, August 13, 2019. The ex-dividend
Date: July 30, 2019 Caribbean Cement Company Limited (CCC) for the six months ended June 30, 2019, reported total revenue of $9.13 billion, 4% increase from $8.77 billion reported a year ago. Earnings before interest, tax, depreciation & amortization (EBITDA) amounted to $3.69 billion, an increase of 60% relative to $2.30 billion for the prior
Date: July 30, 2019 United States: Trump Lashes Out at China as Trade Talks Resume; Stocks Fall “President Donald Trump lashed out at China for what he said is its unwillingness to buy American agricultural products and said it continues to “rip off” the U.S., just as the two nations resumed negotiations in Shanghai
July 30, 2019 Victoria Mutual Investments Limited (VMIL), for the six months ending June 30, 2019, reported total interest income of $398.40 million, an increase of 13% relative to the $353.66 million recorded for the corresponding period in 2018. Interest income for the quarter amounted to $197.41 million, up 14% on the $172.74 million
July 29, 2019 GWest Corporation Limited (GWEST) has advised that the finalization of the 2019 Annual Report due for submission by July 29, 2019 has been delayed. The Company has further advised that the report is currently at an advanced stage of completion and it is anticipated that it will be submitted to the
July 29, 2019 NCB Financial Group (NCBFG) has advised of the following leadership changes at its major Jamaican banking subsidiary, National Commercial Bank Jamaica Limited (NCBJ), effective August 1, 2019: Septimus Blake will take office as Chief Executive Officer (CEO) and a Director of NCBJ; Malcolm Sadler will assume responsibilities as Chief Financial Officer
