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14 08, 2018

JP Reports 65% Rise in Six Months Profits Attributable to Shareholders

2018-08-14T21:45:31-05:00

Date: August 14, 2018 Jamaica Producers Group Limited (JP), for the six months ended June 30, 2018, experienced a 25% increase in revenue to total $9.29 billion compared to the $7.40 billion reported in 2017. The company posted second quarter revenue of $4.81 billion a 20% increase (2017: $4 billion). The company noted, “Food &

14 08, 2018

Wisynco reports 6% decline in year-end net profits

2018-08-14T17:59:21-05:00

Date: August 14, 2018 Wisynco Group Limited for the year ended June 30, 2018 reported total revenue of $24.54 billion, a 15% increase when compared with the $21.38 billion reported for the same period in 2017. Total revenues for the quarter amounted to $6.49 billion also reflecting an increase of 15% over the $5.63 billion

14 08, 2018

KW reports a 14% increase in six months net profit attributable to shareholders

2018-08-14T16:13:53-05:00

Date: August 14, 2018 Kingston Wharves Limited (KW), for the six months ended June 30, 2018 revenue totaled $3.39 billion a 15% increase when compared to $2.94 billion for the corresponding period of the prior year, while revenue for the second quarter grew 13% to $1.76 billion (2017: $1.55 billion). This as both the company’s ‘Terminal

14 08, 2018

CHL reports 10% increase in nine months net profit

2018-08-14T13:52:46-05:00

Date: August 14, 2018  Cargo Handlers Limited (CHL) for the nine months ended June 30, 2018 reported revenues of $280.11 million, 10% higher than the $255.44 million booked in 2017.  Revenue for the quarter also increased by 25% to $92.15 million relative to $73.83 million documented for the corresponding quarter of 2017. The company noted,

14 08, 2018

Overseas Headlines- August 14, 2018

2018-08-14T12:07:10-05:00

Date: August 14, 2018 United States: Investors Haven’t Been This Bullish on U.S. Stocks Since 2015 The bull run that has taken U.S. equities to record highs this year may be about to reach its peak, according to the latest survey of fund managers by Bank of America Merrill Lynch. Allocations to U.S. stocks jumped 10

13 08, 2018

MTL reports a 114% jump in year end net profit

2018-08-13T23:48:30-05:00

August 13, 2018 Margaritaville (Turks) Ltd (MTL) for the year ended May 31, 2018, reported Total Revenue of  US$6.02 million, an 8% decline relative to the US$6.53 recorded for the prior financial year. Total revenue for the quarter amounted to US$1.96 million, a growth of 3% compared with the US$1.89 million reported for the comparable quarter

13 08, 2018

CAR Reports 8% Increase in Three Months Net Profit

2018-08-13T23:27:51-05:00

Date: August 13, 2018 Carreras Limited, for the three months ended June 30, 2018, reported Operating Revenue of $3.15 billion, 12% increase relative to $2.82 billion booked in 2017. The company highlighted that, “This increase over the prior period is due mainly to an increase in sales volumes albeit over a lower volume base as

13 08, 2018

C2W Reports Net Loss of US$8,617

2018-08-13T23:13:38-05:00

Date: August 13, 2018 C2W Music Limited (MUSIC), for the six months ended June 30, 2018, Revenue  declined by 88% for the six months ended June 30, 2018, amounting to US$338 from US$2,876. C2W incurred US$18,393 for administrative expenses, a 33% increase compared to US$13,799 last year for the comparable period. Consequently, operating loss for

13 08, 2018

KPREIT reports 205% increase in six months net profit

2018-08-13T23:09:10-05:00

Date: August 13, 2018 Kingston Properties Limited (KPREIT), for the six months ended June 30, 2018, reported rental income of $106.51 million, 5% more than the $101.09 million reported for 2017. However, for the quarter, there was a 1% decline from $50.98 million in 2017 to $50.55 million. Property management fees for the six months

13 08, 2018

Dividend Declaration: Margaritaville (Turks) Limited (MTL)

2018-08-13T20:29:34-05:00

August 13, 2018 Margaritaville (Turks) Limited (MTL) has advised that the Directors have concluded on an interim dividend payment of US$0.015 per share for a total pay-out of US$1,012,500.00 to all shareholders on record on August 24, 2018. It was proposed that the payment date be November 30, 2018. The ex-dividend date is August 23,

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