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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

14 11, 2019

PBS reports nine months total comprehensive income of US$219,000

2019-11-15T02:44:59-05:00

Date: November 13, 2019 Productive Business Solutions Limited (PBS) for the nine months ending September 30, 2019 reported an increase in revenues from US$125.48 million for the 2018 period to US$132.20 million in 2019, a 5% increase. For the quarter, revenues increased 8% to total US$47.12 million relative to US$43.47 million the prior quarter. Direct

13 11, 2019

SIL reports 11% increase in nine months net profit

2019-11-15T02:24:56-05:00

November 13, 2019 Sterling Investments Limited (SIL) reported a 5% growth in total revenue to $140.94 million compared to $133.89 million recorded for the corresponding period in 2018. Revenue for the second quarter rose 14% to $64.16 million compared to $56.05 million reported for the third quarter of 2018. Of total revenue: Interest income for

13 11, 2019

VMIL reports 106% growth in nine months net profits

2019-11-13T23:11:40-05:00

November 13, 2019   Victoria Mutual Investments Limited (VMIL), for the nine months ending September 30, 2019 reported total interest income of $615.37 million, an increase of 18% relative to the $523.24 million recorded for the corresponding period in 2018. Interest income for the quarter improved 26% to $216.96 million relative to 172. 17 million.

13 11, 2019

ELITE reports 808% increase in first quarter net profit

2019-11-15T02:45:11-05:00

November 13, 2019 Elite Diagnostics Limited (ELITE), for the three months ended September 30, 2019 reported that Revenue increased by 38% to total $118 million compared to $85.44 million for the same period in 2018. The company highlighted, “The increase in revenue for the 2nd quarter is due to MRI scans and increase in Intervention

13 11, 2019

CAR reports 1% decline in six months net profit

2019-11-15T02:45:26-05:00

Date: November 13, 2019 Carreras Limited, for the six months ended September 30, 2019, reported Operating Revenue of $6.64 billion, 5% increase relative to $6.31 billion booked in 2018. The company highlighted that, “Our volume performance was negatively impacted, primarily in the month of September, by adverse weather conditions. The persistent rains affected the selling

13 11, 2019

SML reports 90% decline in nine months net profit

2019-11-15T02:45:40-05:00

Date: November 13, 2019 Stanley Motta Limited (SML) for the nine months ended September 30, 2019, booked a 81% increase in revenue to total $312.51 million compared to $172.21 million for the same period in 2018. For the third quarter revenue increased 39% to $107.09 million in 2019 compared to $76.86 million the previous year.

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