EPLY reports $69.23 million in net profit for the year end
February 13,2018 Eppley Limited for the year ended December 31, 2017 reported interest income of $261.41 million a 24% or $51.26 million increase when compared $210.15 million recorded for the corresponding period in 2016. Total interest income for the quarter amounted to $70.44 million a 14% increase when compared to the $61.86 million recorded for the same quarter in 2016. Interest expenses for the period amounted to $158.39 million, a 37% increase when compared to $115.92 million recorded for the prior year. Consequently, net interest income for the financial year rose 9% to total $103.01 million from the $94.23 million
PAL reports six months net profit of $4.02 million
February 13,2018 Palace Amusement Company (PAL) reported six months total revenues of $492.99 million, an 11% increase when compared with the $443.74 million recorded for corresponding period in 2016. Total revenue for the quarter increased 10% to total $233.03 million relative to the $211.90 million recorded for same period in 2016. Direct Expenses for the period amounted to $394.49, an 8% or $27.74 million increase when compared with the $366.74 million recorded for the same period in 2016. As such, gross profit for the period amounted to $98.51 million (2016: $77 million), a 28% or $21.51 million increase when compared
PIOJ Quarterly Press Briefing for October – December 2017.
February 13, 2018. Mr. Wayne Henry, Director General for PIOJ started the press briefing by providing the main highlights of the macroeconomic performance for the October to December 2017 quarter. The following were noted: Overview of Real Industry Developments For October-December 2017, real GDP grew up an estimated 1.1 per cent relative to the corresponding quarter of 2016. The Goods Producing and Services Industries were estimated to have grown by 1.2 per cent and 1.0 per cent respectively. Within the Goods Producing Industry, increases in real value added for the Mining & Quarrying (up 15.0 percent), and Construction (up 1.0