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5 03, 2018

GraceKennedy Ltd (GK) surpasses $90 Billion in revenue

Oniel Edwards 2018-03-05T15:57:59-05:00

March 5, 2018 Please click link below for further detail Press-Release-GraceKennedy-Ltd-Surpasses-90-Billion-in-Revenue-at-the-end-of-its-95th-Anniversary-Year 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 prohibited and

5 03, 2018

Overseas Headlines – March 5,2018

Rachel Kirlew 2018-03-05T13:43:35-05:00

March 5,2018 United States: Fed's Powell Says He Sees ‘No Evidence’ of Overheating in the U.S. Economy Federal Reserve Chairman Jerome Powell said he sees no signs the U.S. economy is overheating even as the outlook for growth strengthens and the labor market tightens. During congressional testimony Thursday, he reiterated the central bank will continue to

2 03, 2018

DTL reports year end profit attributable to shareholders of $252.37 million

Oniel Edwards 2018-03-02T21:45:45-05:00

March 2, 2018 Derrimon Trading Limited (DTL) reported trading income of $6.72 billion for the year ended December 31, 2017. For the quarter, trading income amounted to $396.58 million. Cost of Sales for the year amounted to $5.39 billion, resulting in a gross profit of $1.34 billion for the 2017 financial year. Gross profit for

2 03, 2018

JP netted $1.62 billion for year ended Dec 2017

Oniel Edwards 2018-03-02T21:26:11-05:00

March 2, 2018 For year ended December 31, 2017, Jamaica Producers Group Limited (JP) experienced a 34% increase in revenue to total $16.16 billion compared to the $12.08 billion reported in 2016. The company posted fourth quarter revenue of $4.77 billion a 23% increase (2016: $3.88 billion). The Food & Drink Division had a $735.41

2 03, 2018

DCOVE reports 23% increase in Net Profits

Crystal Gayle 2018-03-02T20:37:57-05:00

Date: March 2, 2018 DCOVE Limited, for the twelve months ended December 31, 2017, reported total Revenue of US$16.63 million, a 9% increase when compared to US$15.26 million booked the year prior. Revenue from Dolphin Attraction contributed US$9.14 million to Total Revenue; this represents a 4% increase when compared to the US$8.81 million reported

2 03, 2018

Jetcon reports 55% increase in Net profits

Crystal Gayle 2018-03-02T17:02:23-05:00

Date: March 2, 2018 Jetcon Corporation Limited (JETCON), for the twelve months ended December 31, 2017, reported Turnover for the twelve months grew by 37% to $1.18 billion (2016: $857.04 million). Cost of Sales also increased by 36% to $954.89 million (2016: $703.86 million) and as a result Gross Profit increased by 45% to

2 03, 2018

CWJ reports 9% increase in Revenue

Crystal Gayle 2018-03-02T16:10:38-05:00

Date: March 2, 2018 For the twelve months ended December 31, 2017, Cable & Wireless Jamaica Limited (CWJ) reported revenue for the period was booked at $27.17 billion, a 9% increase relative to the $25.04 billion last year. CWJ noted that this increase was “primarily driven by the Mobile revenue growth of 18% (on

2 03, 2018

KW reports 25.9% increase in year end net profit.

Rachel Kirlew 2018-03-02T15:57:54-05:00

March 02, 2018 Kingston Wharves Limited (KW) for the year ended December 31, 2017 reported total revenue of $6.37 billion, a 17.7% or $959.3 million increase relative to the $5.41 billion recorded for the corresponding period in 2016. Revenue for the quarter amounted to $1.85 billion, an 18.8% increase relative to the $1.55 billion recorded

2 03, 2018

VMIL reports 9.1% increase in net proft.

Rachel Kirlew 2018-03-02T15:56:10-05:00

March 02,2018 Victoria Mutual Investments (VMIL) for the year ended December 31, 2017 reported total interest income of $735.67 million, a marginal increase of 0.4% relative to the $732.75 million recorded for the corresponding period in 2016. Interest expense for the period amounted to $488.68 million, relative to the $481.99 million recorded in 2016. As

2 03, 2018

Overseas Headlines – March 2,2018

Rachel Kirlew 2018-03-02T12:21:30-05:00

March 02,2018 United States: Stocks SINK, Bonds Rally on Trump's Metals Duties: Markets Wrap U.S. stocks plunged and Treasuries climbed Thursday after U.S. President Donald Trump promised to impose substantial tariffs on foreign metals, drawing a rebuke from a manufacturing industry group and the European Commission. The S&P 500 Index briefly fell below its 100-day