Key Insurance unveil four year strategic plan and expects to return to profitability by year end 2017
Key Insurance Company Limited (Key Insurance) hosted its first annual general meeting since listing on the Jamaica Stock Exchange on June 14, 2017. The company’s managing director, Sandra Masterton outlined three pillars of Key Insurance; flexibility, competitiveness and strong reinsurance support. Flexibility Ms. Masterton noted that Key Insurance offers five different insurance plans which allow clients to choose which plan they can afford. The company also opens six days a week to cater to customers who are pressed for time during the week. She also mentioned that the company has a policy of offering assistance to customers half an hour
Daily Market Summary- June 14, 2017
Please click below to view today’s Daily Market Summary. Daily Market Summary 14.06.17 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.
CAC 200 Limited (CAC) reports a 7% increase in Net Profit for the Six months ended April 2017.
CAC 200 Limited (CAC) reports a 7% increase in Net Profit for the Six months ended April 2017. CAC 2000 Limited (CAC) Results for the Second Quarter ended April 30, 2017: Revenues for the Second quarter increased by 6% to $265.64 million compared to $251.57 million for the same period the prior financial year. CAC revenues for the six months increased 18% to $567.51 million relative to $481.32 million for the comparable period in 2016. Cost of Sales also increased, by 22% for the period (2016: $181.97 million). Consequently, Gross Profit improved $21.36 million or 12% to $203.33 million (2016: