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14 11, 2017

KW reports 36% increase in nine months net profit

2017-11-14T14:56:01-05:00

Kingston Wharves Limited (KW) for the nine months ended September 30, 2017 recorded revenue of $4.52 billion, a 17% increase when compared to $3.85 billion for the same period last year, while revenue for the third quarter grew 14% to $1.58 billion (2016: $1.38 billion). This as both the company’s ‘Terminal Operations’ and ‘Logistics &

14 11, 2017

Overseas Headlines – November 14, 2017

2017-11-14T13:37:36-05:00

Europe: Europe needs fresh push at overhauling banking sector - IMF The International Monetary Fund urged Europe to make a fresh push at strengthening its banking sector on Tuesday, calling for weak institutions to be closed, bigger financial safety buffers and a revival of cross-border M&A. In the text of a speech to a banking

13 11, 2017

KPREIT reports 81% decline in nine months Net Profit

2017-11-13T22:23:37-05:00

Kingston Properties Limited (KPREIT) For the nine Months ended September 30, 2017: Kingston Properties Limited reported Rental Income of $147.67 million, 48% more than the $99.55 million reported for 2016. Property management fee of $6.96 million was reported for 2017 relative to none reported in 2016. There was no Other Income reported in 2017 compared

13 11, 2017

GK to focus on operation, innovation, convenience and new technology for growth.

2017-11-13T22:14:51-05:00

GraceKennedy Limited’s (GK) Investor Briefing held on November 13 2017 Mr. Don Wehby, GK’s Group Chief Executive Officer (CEO), provided an overview of the company’s strategic plans for the future and its nine month performance year to date. Mr. Wehby began the briefing by speaking on a few of the company’s revenue drivers and recent

13 11, 2017

138SL reported a 98% increase in net profit for 2017FY

2017-11-13T21:39:29-05:00

138 Student Living Jamaica Limited (138SL) For the year September 30, 2017 Income for the year amounted to $573.54 million (2016: $255.1 million) while Other Operating Income increased to $27.85 million (2016: $40.05 million). As a result, Total Revenues increased to $601.39 million (2016: $295.15 million). Total Revenues for the quarter totalled $177.11 million relative

13 11, 2017

SOS reports 62% increase in nine months net profit.

2017-11-13T18:25:20-05:00

Stationery & Office Supplies Ltd. (SOS) For the nine months ended June 30, 2017: - SOS reported nine months revenue of $664.87 million relative to $523.72 million in 2016 a 27% increase, while for the third quarter revenues amounted to $233.09 million up 37% compared to the $170.24 million reported in the corresponding period of

13 11, 2017

CHL records an 8% decline in year-end net profit

2017-11-13T16:18:18-05:00

Cargo Handlers Limited (CHL) for the year ended September 30, 2017 reported revenues of $320.83 million, 4% higher than the $307.77 million booked in 2016. However, revenue for the quarter contracted 11% to $65.39 million relative to $73.40 million documented for the corresponding quarter of 2016. The company noted, “this result was due to a combination

13 11, 2017

LASF reported a 66% increase in net profit for six months end September 2017

2017-11-13T16:17:48-05:00

Lasco Financial Services Limited (LASF) For the six months ended September 30, 2017: - LASF recorded trading income of $681.28 million; this represented a growth of 35% when compared to $506.21 million posted in 2016, while trading income for the quarter amounted to $378.6 million (2016: $268.73 million). Other income amounted to $33.93 million, an

13 11, 2017

PURITY reports nine months net loss of $22.86 million

2017-11-13T15:19:40-05:00

Consolidated Bakeries (Jamaica) Limited (PURITY) For the nine months ended September 30, 2017 Consolidated Bakeries (Jamaica) Limited (PURITY) for the nine months ended September 30, 2017 recorded a 6% decline in revenue to $643.07 million from $680.64 million reported for the corresponding period in 2016. For the third quarter the company recorded revenue of $195.61

13 11, 2017

Featured Stock: JMMBGL

2017-11-13T14:36:52-05:00

Please click below to view today’s Featured Stock. Weekly Picks 13.11.17 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly

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