United States: Xi Hails Important Progress, Says Trade Talks to Resume in U.S. President Xi Jinping said U.S.-China trade talks would continue next week in Washington, as the two sides race to reach a deal that would avert a tariff increase on Chinese goods after March 1. “Negotiations between both sides have achieved important progress
Date: February 14, 2018 Productive Business Solutions Limited (PBS), for the year ending December 30, 2018 reported an increase in revenues from US$171.99 million in 2017 to US$185.50 million in 2018, an 8% increase. For the quarter, revenues increased 25% to total US$57.79 million relative to US$46.36 million the prior quarter. Direct expenses increased 12% to
Date: February 14, 2018 General Accident Insurance Company Limited (GENAC), for the year ended December 31, 2018 reported Gross premium written of $8.74 billion, 23% higher than the $7.11 billion reported for 2017. According to GENAC, “The development of our premium volume was driven by strong growth in the motor product.” Reinsurance ceded rose 21% to
Date: February 14, 2019 Productive Business Solutions Limited (PBS) for the year ending December 30, 2018, reported an increase in revenues from US$171.99 million in 2017 to US$185.50 million in 2018, an 8% increase. For the quarter, revenues increased 25% to total US$57.79 million relative to US$46.36 million the prior quarter. Direct expenses increased 12%
Date: February 14, 2019 Everything Fresh Limited (EFRESH)for the Year Ended December 30, 2018Revenue grew by 4% for the period amounting to $1.88 billion, up from $1.81 billion reported a year ago. For the fourth quarter, revenues totaled of $489.07 million, a 10% increase when compared to last period’s $443.15 million. Cost of sales closed
Date: February 14, 2019 Operating revenue increased by 9% amounting to $237.09 million in the six months period relative to $216.79 million in the prior year. For the quarter, operating revenue closed at $108.02 million (2017: $ 97.41 million). Administrative and other expenses amounted to $101.05 million compared to $97.65 million, a 3% increase. As
Date: February 14, 2019 ISP Finance Services Limited’s (ISP) total interest income amounted to $306.59 million compared to $288.74 million in 2017, an increase of 6%. For the quarter, total interest income amounted to $92.83 million (2017: $78.04 million). Total income is broken down as follows: Interest income from loans grew 7% to total $306.21
KEY Insurance Company Limited (KEY), for the year ended December 31, 2018 reported a 27% increase in net premiums written to $1.18 billion from $930.30 million in 2017. For the fourth quarter ended December 31, 2018, Key Insurance Company Limited (KEY), reported a 20% decrease in net premiums written to $236.07 million from $293.58 million. This
Carreras Limited (CAR), for the nine months ended December 30, 2018 reported Operating Revenue of $9.86 billion, 3% more than the $9.53 billion booked in 2017. Revenue for the quarter increased by 2% compared to the corresponding quarter moving to $3.55 billion in 2018 from $3.47 billion in 2017. Cost of Operating Revenue also increased year
Date: February 14, 2019 Honey Bun (1982) Limited (HONBUN) for the three months ended December 31, 2018 booked a 14% increase in revenue to $369.01 million, up from $322.83 million. The Company’s cost of sales increased by 9% to $194.15 million (2017: $178.87 million) which consequently led to a 21% increase in gross profit to close
