DTL reports year end profit attributable to shareholders of $252.37 million
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 the quarter amounted to $396.58 million Other Income for the year end totalled $257.13 million. Total operating expenses was $1.14 billion for the year, as administrative expenses totalled $1.01 billion, while selling and distribution expenses closed at $135.67 million. Total expenses for the fourth quarter
Daily Market Summary March 2, 2018
Daily Market Summary 2.03.18 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.
JP netted $1.62 billion for year ended Dec 2017
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 million increase in revenue to total $8.81 billion relative to the $8.08 billion reported in 2016. The Food and Drink Division, “The Division benefitted from a particularly strong performance from our European juice business and improved results in our Tortuga International subsidiary. Our fresh juice