SRA netted a $4.17 million loss for nine months ended Dec 2017
February 16, 2018 Sweet River Abattoir & Supplies Company Limited (SRA) for the nine months ended December 31, 2017, recorded a 7% decline in revenue to $239.43 million relative to $257.10 million in the same period in 2016. Revenue for the quarter declined 6% to close at $73.98 million relative to $78.87 million. Cost of sales fell 13% from $223.36 million in 2016 to $195.35 million in 2017. As a result, gross profit increased to $44.08 million, a 31%% increase when compared to $33.74 million for the same period of 2016. Gross profit for the quarter worsened 15% to $11.83
BIL reported net loss of $38.77 million for first quarter ended Dec 2017
February 16, 2018 Interest income declined marginally by 6% during the three month period, amounting to $254.95 million relative to $270.27 million for the comparable period in 2016. Interest expense also declined to close at $174.17 million compared to $193.12 million in 2016. As a result, net interest income increased by 5% to $80.78 million relative to $77.16 million in 2016. Dividend Income fell 33% to total $2.13 million compared to the $3.20 million earned for the first three months ended December 31, 2016. Gains on sale of investment fell by 34%, to $14.27 million (2016: $21.61 million), while Fees
Daily Market Summary February 15, 2018
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