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2 08, 2018

Government Operations Results for June 2018

2018-08-02T17:37:15-05:00

Date: August 2, 2018 Government Operations Results for June 2018 For the period of April 2018 to June 2018, the GOJ reported Total Revenues & Grants of $140.68 billion, $596 million more than the Government’s projection. Furthermore, year over year, this represents an increase of approximately 11.8% relative to the $125.84 billion recorded for the

2 08, 2018

Gas Price Movement – August 02, 2018

2018-08-02T16:54:56-05:00

Brent Oil Brent oil prices increased by 1.49% or US$0.65, as prices fell this week. Oil traded on August 2, 2018 at a price of $73.40 per barrel relative to US$74.51 last week. Brent oil began the year at US$68.07 per barrel. Petrojam prices 87 Octane prices increased week over week, by 1.93% (JMD$2.60). Additionally,

2 08, 2018

GK Reports 12% Increase for Six Months Net Profit

2018-08-02T16:42:23-05:00

Date: August 02, 2018 Grace Kennedy Limited (GK), for the six months ended June 30, 2018,  recorded revenue of $48.37 billion for period (2017: $46.37 billion), a year over year increase of 4%. Revenue for the second quarter of 2018 improved 3% to $23.46 billion (2017: $21.73 million). The biggest contributor to the group’s overall

2 08, 2018

LASM reports 77% increase in first quarter net profit

2018-08-02T14:25:33-05:00

Date: August 2,2018  Lasco Manufacturing Limited (LASM) for the three months ended June 30, 2018 recorded an increase of $222.67 million or 15% in total revenue to total $1.73 billion, relative to the $1.51 billion recorded for the comparable period in 2017. Cost of sales amounted to $1.12 billion (2017: $1.03 billion) for the quarter,

2 08, 2018

Overseas Headlines- August 2, 2018

2018-08-02T12:22:53-05:00

Date: August 2, 2018  United States: Fed Leaves Key Rate Unchanged With Economy Growing at ‘Strong Rate’ Federal Reserve officials left U.S. interest rates unchanged and stuck with a plan to gradually lift borrowing costs amid “strong” growth that backs bets for a hike in September. Economic activity has been “rising at a strong rate,”

31 07, 2018

Board Resignation: GWEST

2018-07-31T21:25:23-05:00

July 31, 2018 GWEST has advised that Mr. Richard Barrow resigned from the position of General Manager effective July 2018.

31 07, 2018

Dividend Declaration: Lasco Manufacturing Limited (LASM)

2018-07-31T21:24:10-05:00

July 31, 2018 Lasco Manufacturing Limited (LASM) has advised that the Board of Directors, at its meeting held on July 27, 2018, resolved that an interim dividend of $0.038 per share will be paid to shareholders on record at the close of business on August 15, 2018. The date for payment is August 31, 2018

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