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15 05, 2018

JSE reports 80% increase in first quarter net profits

2018-05-15T15:14:03-05:00

Date: May 15, 2018 Jamaica Stock Exchange Limited (JSE), for the first three months ended March 31, 2018 recorded total revenue of $349.58 million, a 45% increase when compared to the $241.07 million booked the prior year. Of this: Cess income rose by 84% to $126.06 million relative to $68.56 million the previous year. Fee income

15 05, 2018

VMIL reports 18% increase in first quarter net profit

2018-05-15T15:10:27-05:00

May 15, 2018  Victoria Mutual Investments (VMIL) for the three months ended March 31, 2018 reported total interest income of $180.93 million, a decline of 3% relative to the $185.84 million recorded for the corresponding period in 2017. Interest expense for the period amounted to $114.72 million, a 1% decline relative to the $115.96 million

15 05, 2018

Dividend Consideration: Carreras Limited (CAR)

2018-05-24T15:13:52-05:00

Date: May 15, 2018 Carreras Limited (CAR) has advised that at a Board of Directors’ meeting scheduled for May 25, 2018, an interim dividend payment will be considered.

15 05, 2018

PAL reports 879% increase in nine months net profit attributable to shareholders

2018-05-15T14:51:59-05:00

May 15, 2018 Palace Amusement Company (PAL) for the nine months ended March 31,2018 reported total revenues of $835.96 million, a 21% increase when compared with the $691.08 million recorded for corresponding period in 2017. Total revenue for the quarter increased 39% to total $342.97 million relative to the $247.34 million recorded for same period

15 05, 2018

EPLY reports 30% increase in first quarter net profits

2018-05-15T14:03:14-05:00

Date: May 15, 2018 Eppley Limited (EPLY), for the first three months ended March 31, 2018 reported interest income of $73.71 million an increase of 18% when compared to the $62.54 million recorded the previous year. Interest expenses amounted to $45.11 million, a 22% increase when compared to $36.86 million for the corresponding period in

15 05, 2018

Overseas Headlines – May 15,2018

2018-05-15T12:51:23-05:00

May 15,2018 United States: As U.S. debt levels soar, euro zone bonds act as alternative Worsening government finances, a fragile currency, rising interest rates and heightened political uncertainty? U.S. Treasury bonds’ status as the world’s ‘risk-free’ asset looks shaky and euro zone debt may offer an alternative. Global investors looking to minimize risk — particularly

14 05, 2018

KEY books 31% increase in first quarter gross premiums written

2018-05-14T22:33:30-05:00

Date: May 14, 2018 Key Insurance Company Limited (KEY), for the first three months ended March 31, 2018 reported a 31% increase in net premiums written from $199.17 million to $261.60 million. This was as a result of a 31% increase in gross premiums written from $295.93 million to $387.66 million. Reinsurance cede for the first

14 05, 2018

Special Advisory: Sagicor Bank Jamaica Limited (SBJ)

2018-05-24T15:26:12-05:00

Date: May 14, 2018 Sagicor Bank Jamaica Limited (SBJ) has advised that Mr. Sean Parris, Vice President Operations will be separated from the Bank effective May 18, 2018. SBJ further advised that Mr. Parris’ departure is as a result of a redundancy exercise being undertaken by the Bank as part of the Bank’s program to

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