KEY insurance reported a net loss of $17.71 million for nine months ended September 30, 2017
KEY Insurance Nine months ended September 30, 2017 For the nine months ended September 30, 2017 results Key Insurance Company Limited (KEY), reported a 39% increase in net premiums written to $548.18 million from $394.01 million. While for the quarter net premium amounted to $197.26 million (2016: $135.06 million). This was as a result of a 32% increase in gross premiums written from $785.05 million to $1.03 billion. Reinsurance cede for the for the period increased 18% to close at $396.12 million (2016: $334.40 million). KEY booked change in unearned premium reserve of $88.54 million relative to
CPJ reported US$408,491 in net profit attributable to shareholders for first quarter of 2018FY
CPJ Three months ending September 30, 2017 Caribbean Producers Jamaica Limited (CPJ) in United States dollars (except where it is indicated otherwise): Revenues grew 15% year on year, to close the period at $24.30 million compared to the $21.05 million for the same period last year. According to the company “the increase was primarily driven by the growth in sales of our offshore subsidiary and targeted product categories in the local market.” Cost of goods sold showed an 14% increase, closing the period at $17.76 million relative to $15.56 million for the same period last year. Gross profits for the
JETCON reported 105% increase in net profit for nine months ended September 2017
Jetcon Corporation Limited (JETCON) For the Nine months September 30, 2017 Turnover for the nine months grew by 45% to $886.55 million (2016: $611.11 million), while turnover for the quarter amounted to 333.22 million relative to $268.14 in 2016. Cost of Sales also increased by 39% to $703.68 million (2016: $505.383 million) and as a result Gross Profit increased by 73% to 182.87 million compared to $105.73 million in 2016. Total Expenses increased by 42% to $54.21 million (2016: $38.27 million). An increase in Selling and Marketing Expenses to $17.39 million (2016: $9.70 million) and an increase in Administrative and