ISP focusing on service delivery
ISP Finance Services Ltd. (“the company”) held is Annual General Meeting on July 27, 2017 at the Knutsford Court hotel. The company’s Chief Executive Officer (CEO), Dennis Smith opened his address by giving an over view of the company’s financial performance for the 2016 financial year. The company grew its Gross loan portfolio by 20.7% to total $367.0. Revenues for the financial year end increased by 12% to $230.59 million compared to $206.18 million for the last financial year. While, interest expense declined by 29% to $24.27 million from $34.03 million for the 2015 financial year end. The company reported
Gas Price Movement July 27, 2017
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XFUND reports 30% decline in six months Net Profits.
Sagicor Real Estate X Fund Limited (XFUND) For the First Quarter ended June 30, 2017 Total Revenue for the six months grew 4% to $5.95 billion (2016: $5.70 billion). According to the company the increase in revenue for the period was due to “Improved hotel revenue, as tourist arrivals and room rates have improve over 2016”. For the quarter the company’s total revenue however declined 1% to close at 2.79 billion (2016: $2.83 million). Hotel revenue for the six months period increased to $5.54 billion relative to $4.94 billion in 2016. Investment income and net capital gains on financial assets