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Stanley Motta Reporting 300% Increase In Revenues For 9 Months Ended September 2018

Stanley Motta Ltd is reporting for the nine (9) months ended 30 September 2018, revenues of J$172 million, an increase of J$129million or 300% over the corresponding period in 2017. Chairwoman Melanie Subratie in her interim report to Stockholders said this increase represents the new rental income from Unit 4 which was handed over to […]

Kingston Wharves Reporting 16% Or JA$741 Jump In Revenues For Period Ended September 30, 2018

Kingston Wharves Limited is reporting in unaudited financial results for the period ended September 30, 2018, consolidated revenues of JA$5.3 billion, a 16% or JA$741 million increase over the corresponding period in 2017. Net profit attributable to shareholders increased by 21% or $243 million, to $1,423. Jeffrey Hall Chairman of Kingston Wharves commenting on the […]

RJRGLEANER Communications Group Reporting After-Tax Loss Of JA$63 Million For The July To September 2018 Quarter

The Directors of the RJRGLEANER Communications Group have present the unaudited results for the 2nd quarter ending September 30, 2018, recording an after-tax loss of JA$63 million for the July to September 2018 quarter, compared to a profit of JA$12 million for the corresponding prior-year quarter. Commenting on the performance of The Group, Managing Director […]

Salada Foods To Purchase 25,000 Boxes Of Cherries From Jamaican Coffee Farmers in deal Worth JA$200M

Salada Foods Jamaica Limited (SALF) has released the following advisory: “Cognizant of the challenges facing the local coffee industry and particularly the plight of local farmers in securing a market for their coffee cherries, Salada has decided to purchase 25,000 boxes of cherries from coffee farmers and process same to green beans. The cost of […]

Caribbean Producers Crediting Extraordinary Information Technology Failure Disrupting Business In QI Impacting Profits.

The Directors of Caribbean Producers (Jamaica) Limited are crediting an extraordinary Information Technology failure that disrupted business in QI and impacted profits. This as at the close of the FY 2017/2018, CPJ recorded a 10% growth, thus achieving a record of over US$100m in sales in Jamaica and from its offshore distribution in St Lucia. […]

GWEST Corporation Q2 Revenue And Profits Significantly Affected By Delay In Accreditation Of Urgent Care And Laboratory Facilities.

The Directors of GWest Corporation limited are reporting a net loss of JA$34.32M for the quarter and for the six-months year to date a net loss of JA$78.51M. The results were outlined in the company’s just released unaudited financial statements for second quarter and the six-months year to date ending September 30, 2018. Konrad Kirlew […]

“GraceKennedy Satisfied With Q3 Financial Results, However Still Have Work To Do To Ensure That We Maximize Shareholder Value.” Wehby

GraceKennedy Limited released its third quarter financial report on November 8, 2018. For the nine-month period ending September 30, the Company achieved revenues of $73.8 billion, up by $4.5 billion over the same period in 2017. The Company achieved net profit of $3.71 billion which, when adjusted for non-recurring gains in 2017, represents a $415 […]

Lasco Distributors Reporting Revenue Growth Of 7% & Net Profits of 9% For The Six Months Ended September 30, 2018,

Peter M. Chin, Deputy Executive Chairman and Managing Director for Lasco Distributors Limited is reporting that the three months ended September 30, 2018 saw revenue growing by 7% while net profit grew by 9% over the corresponding period last year. In unaudited results for the six months ended September 30, 2018, he reported that the […]

Barita Investments Reporting 84.2% Improvement In Net Profits For 2018 Financial Year

Barita Investments Limited is reporting an 84.2 percent improvement in net profits to JA$374 Million for the financial year ending September 30th 2018. Commenting on the results Chairman Mark Myers reported to shareholders that this was achieved on the back of both higher net interest income and non-interest income streams. Amid a 29.2 percent decline […]

Jamaican Entrepreneurs and Private Sector Encouraged to Explore Opportunities Within New Cariforum-United Kingdom (Uk) Trade Arrangement

Minister of Foreign Affairs and Foreign Trade, Senator Kamina Johnson Smith, says the technical work for the rollover of the Economic Partnership Agreement (EPA) into a new CARIFORUM-United Kingdom (UK) trade arrangement post-Brexit is close to being finalised. She said that The European Union (EU), remains an important trade partner for Jamaica and CARIFORUM colleagues, […]