138SL books 88% fall in six months net profit
May 30, 2018 138SL’s Income increased by 65% to $411.92 million relative to the $248.96 million recorded for the corresponding six months period the prior year. Other operating income also increased for the six months period, growing 17% to 15.87 million relative to $13.52 a year earlier. Revenue for the second quarter rose 56% to $220.27 million (2017: $140.91 million), while other operating income climbed 33% to $8.61 million (2017: $6.47 million). Administrative expenses increased by 77% to amount to$203.42 million (2017: $115.27 million). Operating profit amounted to $224.36 million, an increase of 52% compared to $147.25million that was reported
PURITY posts 258% increase in first quarter net profit
May 30, 2018 For the first quarter of the 2018 financial year, the company recorded a Total Revenue of $271.04million (2017: $227.91 million), representing a 19% increase. Cost of Sales for the quarter amounted to $161.94million, up 11% relative to $145.52 million booked at the end of quarter one 2017. As such, Gross Profits totaled $109.11million, up 32% year over year (2017: $82.39 million). The company reported Total Expenses of $83.32million, an increase of 9% when compared to the $76.13 million reported in 2017. Administrative Expenses amounted $49.71million ,up 16% relative to the $42.74million reported in 2017, while, Selling Expense
METROPOLITAN AREA EMPLOYMENT AND UNEMPLOYMENT — APRIL 2018
May 30, 2018 The U.S. Bureau of Labor Statistics confirmed in its latest report that the national unemployment rate in April was 3.7 percent, down from 4.1 percent a year earlier. “Unemployment rates were lower in April than a year earlier in 305 of the 388 metropolitan areas, higher in 63 areas, and unchanged in 20 areas.” Nonfarm payroll employment increased over the year in 312 metropolitan areas, decreased in 70 areas, and was unchanged in 6 areas. Metropolitan Area Unemployment April’s unemployment rate among Metropolitan Area range from as low as 1.5 percent (Ames, IA) to a high of