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Caribbean Cream Reporting Improved 6 Month Revenues And Profits

The Directors at Caribbean Cream Limited, are reporting in unaudited financial results for the 6 months and Q2 ended August 31, 2018, improved revenues and profits. Caribbean Cream recorded revenues of JA$799.5 million for the six months, an increase of 19% or $126 million over the same period last year. For Q2, revenue increased by […]

Knutsford Express Services Reporting Improved Q1, Revenues Up 23.5% To JA$293M

Knutsford Express Services Reporting Improved Q1, Revenues Up 23.5% To JA$293M

Knutsford Express Services Limited has released its Unaudited Financial Statements for the 1st Quarter Ending August 31.2018, reporting revenues of JA$293 million, an increase of 23.5% over the comparative period last year of $237 million. Commenting on the financial performance Managing Director Oliver Townsend reported that this improved performance was due to strong customer demand […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

The Facey Group Offloading Shares In Seprod Group To Raise Just Over JA$2.2B

The Facey Group Limited has issued its prospectus inviting applications to purchase 91,914,894 ordinary shares in the capital of The Seprod Group. The shares are to be offered at $23.99 per share and is expected to raise just over JA$2.2 billion. They form part of a block of 217,148,936 shares and cash, that the Facey […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

Sterling Investments Directors Approve Five For One Stock Split

Sterling Investments Limited (SIL) has advised that the Board of Directors of the Company approved the following resolutions at the Extraordinary General Meeting held on October 8, 2018: 1) That the issued ordinary shares/stock units in the capital of the Company shall be split so that every one (1) issued ordinary share/stock unit of the […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

JA$2.7B Investment In JMMBGL In Line With PanJam’s Long-Term Strategy To Take Meaningful Equity Positions In Strong, Growing Companies With A Regional Reach.

PanJam Investment Limited has acquired 100,000,000 shares, or a 6.1% stake, in JMMB Group Limited (JMMBGL). PanJam’s purchase of the JMMBGL shares, which took place on September 26, 2018, will be funded with proceeds from a private placement of JA$2.7 billion in secured notes with a 19-month maturity. According to Joanna Banks, PanJam’s Vice-President of […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

NCB Financial Group Reduces Stake In JMMB Group Selling 6% Stake To PanJam Investment Booking Millions In Profit

NCB Financial Group Limited (NCBFG) announced last week that National Commercial Bank Jamaica (NCBJ) a wholly owned subsidiary sold 102,500,000 JMMB Group Limited ordinary shares on September 26, 2018. It was also announced last week that PanJam Investment Limited (PanJam) acquired 100,000,000 shares, or a 6.1% stake, in JMMB Group Limited (JMMBGL) on September 26, […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

Paramount Trading Jamaica Reporting Profit Before Tax Declining By 34% To JA$67M For 2017-2018 Financial Year

Hugh Graham Managing Director of Paramount Trading Jamaica Limited has released their Annual Report for the 2017-2018 financial year reporting revenue growth of 21% to JA$1.4 billion up from $1.15 billion in the previous year. The results for the financial year also reflected profit before tax declining by 34% to $67 million. The Directors are […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

Sweet River Abattoir & Supplies Reporting Challenging Quarter As Revenues Decline Due To Continuing Shortfall In Pig Supplies

The Directors of Sweet River Abattoir & Supplies Ltd has published their unaudited financial statements for the three months ended June 30, 2018, reporting a very challenging quarter. This resulted in the company recording revenues of JA$77m compared to JA$92m for the previous year; a decrease of $15m or 16 %. This decrease, Managing Director […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

Elite Diagnostic Limited Reporting Improved Revenues Of JA$297M Compared To JA$263M In 2017.

The Directors of Elite Diagnostic Limited have released the company’s Audited Financial Statements for the year ending June 30th 2018, reporting improved revenues of JA$297M compared to JA$263M the previous year. Net profit for the year amounted to JS$44.9M compared to $44.2M the previous year. The Directors addressed the recently opened Liguanea branch, which they […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

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 […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits