Date: May 15, 2019 Kingston Properties Limited, for the three months period, reported rental income of $59.31 million, 6% more than the $55.96 million reported in the previous corresponding period. KPREIT stated that, “The increase in revenue occurred due to the addition to the portfolio of a four-story office building in New Kingston, Jamaica, however
May 15, 2019 In United States dollars (except where it is indicated otherwise): Sygnus Credit Investments Limited for the nine months ended March 31, 2019, reported Interest Income of US$2.44 million 200% increase on the US$814,375 recorded in 2018. For the quarter, Interest Income rose 205% to US$978,580 (2018: US$321,308). The Company also reported
May 15, 2019 ISP Finance Services Limited (ISP)for the three months ended March 31, 2019, reported total interest income of $86.23 million compared to $70.46 million in 2018, an increase of 22%. Total income is broken down as follows: Interest expense totaled $7.59 million relative to $5.63 million in 2018; this represents a 35%
May 15, 2019 Jetcon Corporation Limited (JETCON) for the three months ended March 31, 2019, reported a 20% fall in turnover to $246.07 million (2018: $305.94 million). According to the Company, “We attribute the fall in sales to customers realigning their finances to qualify for mortgages as the housing market gains strength and persons to
Date: May 15, 2019 Honey Bun (1982) Limited for the six months period reported revenues of $775.48 million, up from $674.74 million reported a year ago. For the quarter, revenues grew by 16% to $406.47 million (2018: $351.91 million). HONBUN stated that, “Revenues from export sales have increased by 16% over the prior period. The
Date: May 15, 2019 Palace Amusement Company (PAL) for the nine months ended March 31, 2019 reported total revenues of $774.64 million, a 7% decline when compared with the $835.96 million recorded for corresponding period in 2018. Total revenue for the quarter declined 26% to total $254.55 million relative to the $342.98 million recorded for
Date: May 15, 2019 Stanley Motta Limited (SML), for the three months ended March 31, 2019 booked a 135% increase in revenue to total $96.86 million compared to $41.17 million for the same period in 2018. The Company mentioned that, “this was due to increased rental space.” Administrative expenses amounted to $23.03 million (2018: $15.95
Date: May 15, 2019 Productive Business Solutions Limited (PBS) for the three months ended March 2019 reported a 5% increase in revenues from US$41.51 million for the 2018 period to US$43.56 million in 2019. Direct expenses increased 9% to close the period at US$24.83 million when compared to $22.77 million for the same period of
May 14, 2019 IronRock Insurance Company Limited (ROC) for the year three months ended March, 2019 posted gross premium of $120.78 million relative $155.02 million; this represents a 22% decrease. According to ROC, “The reduction is due primarily to our reassessment of portfolio risk, which resulted in the non-renewal of several large accounts and secondly,
May 14, 2019 Fontana Limited (FTNA) for the nine months ended March 31, 2019, recorded a 7% increase in revenues to total $3.11 billion compared to $2.90 billion for the same period in 2018. Revenue for the third quarter went up by 7% to $9.51 million (2017: $890.28 million). Cost of Sales for the period increased 6%, closing at
