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Wisynco Group To Take a JA$1B Hit in Revenue and JA$74M in Net Income From Proposed Ban On Styrofoam

Wisynco Group Limited (WISYNCO) is reporting that it will cost the company around JA$1B in revenue, representing 4% of the company’s revenue and approximately JA$74M in net income, representing 3% of the company’s net income, arising from the proposed ban on Styrofoam for local manufacturers, set to take effect on January 1, 2020. This based […]

Scotiabank Trinidad and Tobago Reporting Strong 9 Month Income After Taxation Despite Increased Corporation Tax Of 35%.

Scotiabank Trinidad and Tobago Reporting Strong 9 Month Income After Taxation Despite Increased Corporation Tax Of 35%.

Managing Director for Scotiabank Trinidad and Tobago Limited, Stephen Bagnarol, is reporting strong income after taxation for the nine months ended 31 July 2018; despite increased corporation tax rates levied on commercial banks at 35%. Year to date income after taxation was TT$491 million, a decrease of $16 million or 3% when compared to the […]

Wisynco Group To Take a JA$1B Hit in Revenue and JA$74M in Net Income From Proposed Ban On Styrofoam

Supreme Ventures Group Reporting Record 2017 Revenues Of JA$56B, A 25% Increase Over 2016.

President & CEO of the Supreme Ventures Group, Ann-Dawn Young Sang, in her report contained in the company’s just released 2017 Annual Report, is reporting that the Group achieved record revenues of approximately JA$56 billion, representing a 25% increase over 2016. This, combined with an effective cost management programme, resulted in a 44% increase in […]

Wisynco Group To Take a JA$1B Hit in Revenue and JA$74M in Net Income From Proposed Ban On Styrofoam

Main Event Entertainment Group Reporting Active And Positive 9 Months With Revenues Up 13% to JA$1B

The Directors of Main Event Entertainment Group are reporting an active and positive nine months ending July 31st 2018, recording revenues of JA$1 Billion, an increase of 13 percent or JA$124 Million, when compared to the JA$942 Million for 2017. Gross Profits increased by 14 percent or JA$64 Million year over year, and despite a […]

Wisynco Group To Take a JA$1B Hit in Revenue and JA$74M in Net Income From Proposed Ban On Styrofoam

Pleased With Solid Performance, Loan Growth Of 8%, Total Revenues Increasing 7%, And Expenses Remaining Flat -Noel

Scotia Group Jamaica is reporting net income of JA$11.2 billion for the nine months ended July 31, 2018, which represents an increase of JA$2.2 billion or 24% over the corresponding period last year. Included in the results are gains on the sale of subsidiary, Scotia Jamaica Micro Finance Company Limited (Credi-Scotia), which was sold in […]

Wisynco Group To Take a JA$1B Hit in Revenue and JA$74M in Net Income From Proposed Ban On Styrofoam

SSL Venture Capital Jamaica Takes Equity Positions In 3 Companies

The Mark Croskery founded SSL Venture Capital Jamaica Limited (SSLVC) has executed equity agreements with three (3) companies as part of what the company had indicated was it’s growth and development strategy. On July 2, 2018 SSLVC executed an equity agreement with Bar Central Limited (“BCL”). BCL is a Distribution and Branding company that currently has […]

Wisynco Group To Take a JA$1B Hit in Revenue and JA$74M in Net Income From Proposed Ban On Styrofoam

CAC 2000 Limited Reporting Revenues of JA$909M A 14% Improvement over 2017

CAC 2000 Limited has released their interim financial report for the nine months ending July 2018, reporting revenues of $909 Million, reflecting a 14 percent increase over the $799Million for 2017. Gross Profits for the period was up 28 percent to $353 Million from $276Million in 2017. Commenting on the performance Chairman and CEO Steven […]

Wisynco Group To Take a JA$1B Hit in Revenue and JA$74M in Net Income From Proposed Ban On Styrofoam

GraceKennedy Associated Company in Barbados, Signia Financial Group Inc. Acquires Globe Finance Inc.

GraceKennedy Limited (GKL) has announced that one of its associated companies in Barbados, Signia Financial Group Inc., has acquired Globe Finance Inc. The transaction is estimated to cost a total of BBD11.8 million and will result in the formation of the amalgamated company, which will be known as SigniaGlobe Financial Group Inc. GKL currently holds […]

Wisynco Group To Take a JA$1B Hit in Revenue and JA$74M in Net Income From Proposed Ban On Styrofoam

Blue Power Group Profits Bolstered Significantly By Favourable Changes In US$ Exchange Rate.

Chairman of the Blue Power Group Limited, Dhiru Tanna, is reporting in the company’s just released Unaudited Financial Statements for the Quarter Ended July 31, 2018, increased sales and significantly improved profits. In the period under review profits have been bolstered significantly due to favourable changes in the exchange rate. He reported that the company […]

Wisynco Group To Take a JA$1B Hit in Revenue and JA$74M in Net Income From Proposed Ban On Styrofoam

Jamaica Broilers Group Reporting 6% Increase In Revenues For Quarter Ending July 2018

The Directors of Jamaica Broilers Group Limited have released their unaudited financial results for the quarter ended July 28, 2018, reporting Group revenues of JA$12.2 billion, a 6% increase over the JA$11.5 billion achieved in 2017. Gross profit for the quarter was reported at JA$3.2 billion, a 19% increase over the previous year. In his […]

Wisynco Group To Take a JA$1B Hit in Revenue and JA$74M in Net Income From Proposed Ban On Styrofoam