The directors of Access Financial Services Limited have released their unaudited financial statement of the company for the three months ended 30 June 2018, recording net profit after tax of JA$217 million, compared to JA$188 million for the corresponding 2017 period, representing an increase of 16%. On the income side, the company is reporting net […]
Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises
Bank of Jamaica (BOJ) Governor, Brian Wynter, has advised that the BOJ is designing new reporting forms to capture vital information on the extent of private-sector credit being provided to micro, small, and medium-sized enterprises (MSMEs). The value of loans disbursed to MSMEs by deposit-taking institutions as a percentage of total private-sector credit, is among […]
Honey Bun Limited has released their Unaudited Financial Statements for the Nine Months Ended 30th June, 2018, reporting year to date sales for the period of JA$1 billion representing a 4% increase relative to 2017. Profit before tax for the nine months amounted to JA$80 million, 17% lower than last year. For the three months […]
This was the result of increases in interest income and unrealized Foreign Exchange gains. The company’s assets surpassed J$1.2 billion and during the quarter, the dividend yield briefly hit an all-time high of 8.5%. This exceeds the yield available on many local USD and JMD investments on the market. The intrinsic value of the company’s […]
Medical Disposables And Supplies Reporting Sales Of JA$541M, Reflecting Continued Growth In Sales, Increasing By 12.6%
The Directors of Medical Disposables and Supplies Limited (MDS) is reporting in their first quarter unaudited financial results for the financial period ended June 30, 2018, sales of JA$541.1M, reflecting continued growth in sales, increasing by 12.6% or JA$60.5M over the corresponding quarter in 2017. Gross profit amounted to $116.79M for the quarter ended June […]
In releasing its Interim Stockholders’ Report for the Second Quarter ended June 2018, the Board of GraceKennedy Limited is reporting revenues of J$48.4 billion, an increase of 4.3% or $2 billion over the corresponding period of 2017. This was driven largely by growth in its Food Trading and Insurance segments. Net profit for the period […]
Did you know that the number one secret to the success of many entrepreneurs and business executives is mentorship? Whether you an entrepreneur seeking to grow your business or an individual seeking to build your personal brand and a successful career, mentoring is one of the most important contributors to business success. Many fortune 5000 […]
Reduction In Transaction Volumes For GraceKennedy Remittance Business In Jamaica Due To Enhanced Compliance Measures.
The GraceKennedy Financial Group experienced mixed fortunes during the Second Quarter ended June 2018, as the Money Services and Banking & Investments segments both experienced decline in revenue and pre-tax profits, while the Insurance segment grew revenue and pre-tax profits over the corresponding period of 2017. The performance of the Money Services segment was due […]
GraceKennedy announced its intention to acquire a 35% share in Catherine’s Peak bottled pure spring water business, subject to the satisfactory completion of due diligence. This transaction forms part of GraceKennedy’s strategic growth initiative to expand the Group’s healthy product alternatives portfolio, while acquiring top Jamaican brands with broad consumer appeal capable of growing both […]
Access Financial Services Reporting Solid Performance Recording 2017/2018 NPAT Of JA$716M On Revenues Of JA$1.7B.
Marcus James CEO, for Access Financial Services Limited is reporting a solid performance for the Company for the financial year 2017/2018. The company recorded net profit after tax of JA$716 million on Revenues of JA$1.7 billion, as total assets grew by 10%, up from $3.2 billion in 2017 to $3.5 billion in 2018. This credible […]