PIOJ’S PRESS BRIEFING April – June 2017
The Planning Institute of Jamaica (PIOJ) Review of Economic Performance April – June 2017 According to the PIOJ, real GDP grew by 0.3% relative to the comparative quarter in 2016. This was attributed to an estimated increase of 1.2% in the Services Industry, which outweighed a 2.5% decline in the Goods Producing Industry. Within the Goods Producing Industry, there was a decline in real value added for the Agriculture, Forestry & Fishing down 8.5% and Mining & Quarrying down 10.5% while Manufacturing and Construction grew by 2.4% and 1.5% respectively. Moving to the Services Industry, all subcategories of the industry
Daily Market Summary – August 30, 2017
Please click below to view today’s Daily Market Summary. Daily Market Summary 30.08.17 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 action 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.
CPJ reports 146% increase in year end net profit
In United States dollars (except where it is indicated otherwise): Caribbean Producers Jamaica Limited (CPJ) for the year ended June 30, 2017 reported a 4% growth year on year in revenues to close at $98.29 million compared to the $94.10 million for the prior year. For the fourth quarter the company posted a 19% growth in revenues to close at $25.96 million relative to $21.77 million for the same quarter of 2016. CPJ noted, “the company recorded significant growth in all key areas for the financial year ended June 30, 2017. Having had mixed results prior year the company realigned