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14 11, 2019

PURITY reports 33% decline in nine months net profit

2019-11-27T09:06:18-05:00

Date: November 14, 2019 Consolidated Bakeries (Jamaica) Limited (PURITY) recorded a 10% increase in revenue to $786.72 million from $716.45 million reported for the corresponding period in 2018. For the third quarter, the company recorded a revenue of $238.05 million (2018: $223.92 million), representing a 6% growth. Cost of sales for the period rose by

14 11, 2019

EFRESH reports $40.07 million Net Loss for Nine Months Ended

2019-11-27T09:06:25-05:00

November 14, 2019 Everything Fresh Limited (EFRESH), for the nine months ended September 30, 2019, Revenue grew by 18% amounting to $1.64 billion, up from $1.39 billion reported a year ago. The third quarter reported revenues of $525.17 million, a 24% increase when compared to the $421.96 million for the corresponding period last year. Cost

14 11, 2019

DTL reports 32% increase in nine months net profit attributable to shareholders

2019-11-26T09:11:03-05:00

Date: November 14, 2019 Derrimon Trading Limited (DTL), for the nine months ended September 30, 2019, reported consolidated trading income of $9.53 billion, an increase by 50% when compared to the $6.34 billion booked in 2018. For the quarter, the Company reported a 36% increase in trading income totalling $2.96 billion relative to $2.18 billion

14 11, 2019

PAL reports 82% Increase in Three Months Net Profits Attributable to Stockholders

2019-11-27T09:07:22-05:00

November 14, 2019 The Palace Amusement Company (1921) Limited (PAL), for the three months ended September 30, 2019, booked a 37% improvement in revenue to $369.99 million (2018: $269.38 million), while direct expenses increased by 41% to $304.90 million (2018: $215.79 million). As a result, gross profit rose by 21% to $65.09 million (2018: $53.59

14 11, 2019

KPREIT reports 241% increase in nine months net profit

2019-11-27T09:07:31-05:00

Date: November 14, 2019 Kingston Properties Limited (KPREIT) for the nine months ended September 30, 2019, reported rental income of $168.08 million, 10% more than the $152.35 million reported for 2018. However, for the quarter, there was a 23% increase from $44.78 million in 2018 to $55.22 million in 2019. KPREIT mentioned that, “The improvement

14 11, 2019

XFUND reports 92% decline in nine months net profit

2019-11-15T02:24:35-05:00

Date: November 13, 2019 Sagicor Real Estate XFUND Limited (XFUND), for the nine months ended September 2019, reported total revenue of $4.76 billion relative to $7.44 billion reported in 2018, a 36% decline year over year. XFUND  stated, “This is as a result of the change in the business model, with the sale of the

14 11, 2019

tTech reports 2% decline nine months net profit

2019-11-26T09:11:13-05:00

November 14, 2019   tTech Limited (tTech), for the nine months ended September 30, 2019, booked a 22% increase in revenues to $262.08 million compared to $214.84 million recorded for the prior financial year’s corresponding period. According to management, “Our revenue increase in this quarter was related to the continuation of major network upgrade projects where

14 11, 2019

CHL reports 19% decline in year end net profit

2019-12-30T11:44:26-05:00

November 14, 2019   For the year ended September 30, 2019, Cargo Handlers Limited (CHL) revenue for the year improved 3% year over year to $366.44 million versus $355.74 million booked for 2018. Revenue for the quarter contracted 7% to $70.59 million versus $75.63 million booked for the same quarter of 2018. CHL noted, “the

14 11, 2019

BIL reports year end net profit of $1.72 billion

2019-12-20T13:46:22-05:00

November 14, 2019 Barita Investments Limited (BIL) for the year ended September 30, 2019, reported a 49%  improvement net interest income to $651 million relative to $422.29 million in 2018. Management noted this was, “due to a combination of factors, principally, increased portfolio size owing to our capital raising initiatives together with growth in our

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