CCC reports 27% decline in first quarter net profit
April 26,2018 Caribbean Cement Company Limited (CCC) for the three months ended march 31, 2018 reported total revenue for the three months ended March 31, 2018 grew by 6% amounting to $4.34 billion, up from $4.09 billion reported a year ago. Earnings before interest, tax, depreciation & amortization (EBITDA) for the period amounted to $605.96 million, a decline of 11% relative to $684.34 million booked for the prior year’s corresponding period. CCC noted this, “This performance was mainly driven as a result of the scheduled annual maintenance of Kiln 5 and Mill 5, performed during February and March of 2018.
Daily Market Summary April 24, 2018
Daily Market Summary 24.04.18 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 may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
Special Advisory: Jamaica Stock Exchange (JSE)
Date: April 24, 2018 Jamaica Stock Exchange (JSE): The Jamaica Central Securities Depository Limited (“JCSD”), a wholly owned subsidiary of the Jamaica Stock Exchange, has appointed Mrs. Kadyll McNaught-Hermitt as Company Secretary of JCSD and JCSD Trustee Services Limited. The appointment took effect on April 18, 2018.