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Mayberry Research 2021-10-05T03:32:45-05:00

ISP reported 36% increase in net profit for nine months ended September 2017

ISP Finance Services Limited (ISP) Results for the Nine Months ended September 30, 2017:   For the nine months period ended September 30, 2017, ISP Finance Services Limited’s (ISP) Total Interest Income amounted to $210.70 million compared to $168.80 million in 2016, an increase of 25%. For the quarter, Total Interest income amounted to $74.91 million (2016: $64.39 million). It is broken down as follows: Interest Income from Loans grew by 25% to total $208.78 million relative to $167.4 million reported in the same period of 2016. Interest Income Receivables was up 37%, amounting to $1.92 million (2016: $1.40 million). Interest Expense

ROC reported a 59% increase in net loss for nine months ended September 2017

IronRock Insurance Company Limited For the nine months ended September 30, 2017: -   For the nine months, IronRock posted gross premium of $257.27 million relative $59.41 million; this represents a 333% increase. While for the third quarter gross premium was $83.93 million relative to $20.93 million for 2016. Change in gross provision for unearned premiums amounted to $180.06 million compared to $45.28 million in 2016. Excess of loss premium totalled $19.33 million relative to $6.19 million in 2016. As a result, gross insurance premium revenue amounted to $57.88 million relative to $7.95 million in 2016, a 628% increase. Net

JSE reported a 26% decline in nine months net profits

Jamaica Stock Exchange Limited - (JSE) For the Nine months ended September 30, 2017: JSE recorded total revenue of $695.47 million, a 0.18% increase when compared to the $694.2 million booked the prior year. While total revenue for the quarter amounted to $217.82 million (2016: $192.69 million). Of this: Cess income declined by 37% to $178.13 million relative to $282.90 million the previous year. Fee income grew by 27% to $443.06 million to close the period compared to $349.08 million in 2016. E-campus showed an increase of 13% to $12.09 million, relative to $10.71 million in 2016. Other operating income