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31 05, 2018

MDS reports 9% increase in year’s net profits

2018-05-31T17:14:58-05:00

Date: May 30, 2018 Medical Disposables & Supplies Limited (MDS), for the Year ending March 31, 2018 reported Revenue of $2.04 billion, an increase of 19% compared to the $1.71 billion booked in 2017. Cost of Sales increased $280.63 million to total $1.58 billion relative to $1.30 billion in 2017, a 22% increase. As a

31 05, 2018

GWEST reports a year’s net loss of $88.11 million

2018-05-31T16:13:14-05:00

Date: May 31, 2018 GWEST Corporation Limited (GWEST), for the year ended March 31, 2018 reported Total revenue  amounting to $66.39 million, a decrease of 93% when compared with the $1.01 billion booked last year. Revenue fell by 99% or $941,238 for the fourth quarter. GWEST stated that this performance was due to “to the

31 05, 2018

PROVEN reports 19% decline in year end net profit

2018-05-31T16:06:59-05:00

May 31, 2018  Reported in US$ (except where it is indicated otherwise) Proven Investments Limited (PROVEN) for the year ended March 31, 2018 ended reported interest income of $28.49 million, an 18% or $4.34 million increase when compared with the $24.15 million reported for the same period in 2017. Total interest income for the quarter

31 05, 2018

LASD reports 55% increase in year end net profit

2018-05-31T15:07:48-05:00

May 31, 2018 Lasco Distributors Limited (LASD) For the year ended March 31, 2018 posted a 3% growth in revenues to $16.27 billion, up from $15.80 billion in the corresponding period in 2017. Cost of sales amounted to $13.10 billion relative to the $12.87 billion posted for the prior year. Gross profits also recorded an

31 05, 2018

LASF reports 35% uptick in year’s net profit

2018-05-31T14:38:59-05:00

Date: March 31, 2018 Lasco Financial Services (LASF), for the year ended March 31, 2018 recorded a total of $1.55 billion in Trading Income; this represented a growth of 51% relative to the $1.02 billion recorded in 2017. Other Income amounted to $72.02 million, a rise of 53% compared to $46.97 million in 2017, this resulted

31 05, 2018

Overseas Headlines – May 31, 2018

2018-05-31T14:26:27-05:00

May 31, 2018 United States: Treasury Volatility Reawakens With Biggest Jump Since 2016 Italian politics just did what a correction in U.S. equities and a breach of 3 percent on the U.S. 10-year yield could not: knocked the Treasury market out of its slumber. Rates volatility has re-emerged, with Merrill Lynch’s MOVE Index surging by

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