SGJ reports 7% increase in year end net profit
Scotia Group Jamaica Limited (SGJ) for the year ended October 31, 2017 booked an improvement in net interest income which totalled $26.64 billion, moving from $25.38 billion in the corresponding period in 2016, while interest expenses declined by 12% to total $4.32 billion (2016: $4.90 billion). Interest income for the period increased marginally from $30.27 billion in 2016 to $30.97 billion. Net interest income for the quarter amounted to $6.72 billion, up 2% relative to $6.60 billion booked for the prior year’s corresponding quarter. Impairment losses of loans increased 52% to $2.18 billion compared to $1.43 billion for the comparable period in
Daily Market Summary December 07, 2017
Daily Market Summary 07.12.17 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 ction 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.
Daily Market Summary December 06, 2017
Daily Market Summary 06.12.17 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 ction 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.