PJX reports six months loss of US$221,251
Portland JSX Limited (PJX) For the six months ended August 31, 2017 Net gain on financial assets classified at as fair value through profit and loss amounted to US$25,177 compared to US$434,060 last year. For the three months, net loss on financial assets classified as fair value through profit amounted to US$198,187 compared to a 2016 gain of US$366,532. Interest from loans and receivables amounted to US$143,215 a 16% year over year increase, while the company had no dividend income compared to US$53,528 reported last year. As a result, revenues totaled US$168,392 for the six months a 72% decline (2016:
KEX reported 57.1% increase in net profit for first quarter of 2018
Knutsford Express Services Limited reported total revenue of $237.28 million, a 36.8% or $63.87 million increase when compared with the $173.41 million reported for the same period in 2017. According to KEX, “this was due to strong customer demand for passenger travel and our courier service.” Administrative and general expenses grew 31.7% to total $175.81 million (2017: $133.50 million). Consequently, gross profit rose 54% to close at $61.47 million compared to the $39.90 million for the same period a year ago. Finance costs increased 25.9% to $5.07 million for the period from $4.03 million for 2017. Profit before taxation amounted
U.S. Consumer Price Index up due to fuel price increase
According to the Bureau of Labor Statistics the Consumer Price Index for all urban customers increased by 0.5% in September on a seasonally adjusted basis. Over the last 12 months, the all items index rose 2.2%. The gasoline index increased 13.1%, this accounted for about three-fourths of the seasonally adjusted all items increase according to the Bureau. The other major energy component indexes reported mixed results, while the food index rose slightly. The index for all items less food and energy grew by 0.1% in September. In continuation of the trends noted for August and July, the shelter index