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CAC 2000 Financials Still Recovering From Payments For Lawsuit Damages

Steven Marston Chairman and CEO of CAC 2000 Limited has assigned blame to the company’s reduction in inventory of $57 million and cash of $78 million to continued efforts to try and recover from payments of US$372,100 and JA$7.6 million for lawsuit damages in December. In his report to shareholders for the 6 months ending […]

C2W Music Auditors Express Concern About Operations Going Forward As A Going Concern.

C2W Music Auditors Express Concern About Operations Going Forward As A Going Concern.

C2W Music Limited is reporting for its financial year ending December 31 2016 a turnaround in net profits of US$42,573.00 compared to a loss of -US$18,510 in 2015, this on the backs of total income of US$66,749.00 for 2016 up from the US$21,524.00 in 2015. The results however where not sufficient to give auditors the […]

CAC 2000 Financials Still Recovering From Payments For Lawsuit Damages

Scotia Investments Jamaica Limited To Be Delisted?

Scotia Investments Jamaica Limited has received a formal proposal from its parent company, Scotia Group Jamaica Limited to initiate a Scheme of Arrangement to take Scotia Investments private by cancellation of the shares held by all the minority shareholders at a price of J$38.00 per share. Under the proposal, shareholders whose shares are listed on […]

CAC 2000 Financials Still Recovering From Payments For Lawsuit Damages

Blue Power Group Reporting 60% Improvement in EPS To $2.16, On Higher Sales, Significantly Higher Profits And Increased Exports Performance – Tanna

Dhiru Tanna Chairman of the Blue Power Group in his report to shareholders for the year ended April 30, 2017 is reporting improved earnings per stock unit, up 60% from $1.35 to $2.16, this as the company recorded higher sales, significantly higher profits and increased exports performance over the previous year. Overall sales for the […]

CAC 2000 Financials Still Recovering From Payments For Lawsuit Damages

Strong Performance Driven By Solid Growth In Core Business Lines Combined With Lower Expenses – Schnoor

Scotiabank Trinidad and Tobago Limited (Scotiabank) last week reported net income after taxation of $333 million for the six months ended 30 April 2017, an increase of $25 million or 8% over the comparative period in 2016. Earnings per share increased to 188.7c with return on equity and return on assets improving to 17.49% and 2.83% […]

CAC 2000 Financials Still Recovering From Payments For Lawsuit Damages

Delivered Another Quarter Of Strong Operating Results And Showed Profitable Growth Despite An Uncertain Economic Environment – Brown

Chief Executive Officer of Barbados Based FirstCaribbean International Bank Limited Gary Brown is reporting net income of US$37.2 million for the second quarter of the fiscal, US$2.9 million or 8% above the second quarter’s net income of US$34.3 million a year ago. Overall, the Bank delivered another quarter of strong operating results and showed profitable […]

CAC 2000 Financials Still Recovering From Payments For Lawsuit Damages

Scotia Group Jamaica Reporting 14% Jump In Net Income To JA$5.7 Billion For Six Months Ended April 2017 – Sharp

Scotia Group Jamaica Limited released Unaudited Financial Statements for Q2, 2017 reporting net income of JA$5.7 billion for the six months period ended April 30, 2017. This represents an increase in net income of JA$718 million or 14%, compared to the period ended April 30, 2016. Jackie Sharp, President & CEO commenting on the results […]

CAC 2000 Financials Still Recovering From Payments For Lawsuit Damages

Strategic Initiatives Diversifying Revenue Sources To Be Less Reliant On Net Interest Income – Mitchell

Scotia Investments Jamaica Limited (SIJL) last week reported net income of JA$451.3 million for the period ended April 30, 2017, representing a marginal decrease of JA$5.7 million or 1%, when compared with JA$457.1 million for the prior period ended April 30, 2016. Lissant Mitchell, CEO of Scotia Investments in comments on the report indicated that the […]

CAC 2000 Financials Still Recovering From Payments For Lawsuit Damages

Main Event Entertainment Group Reporting Reduced 2016 Net Profits Due To Increases In Operational And General Expenses

Main Event Entertainment Group Limited has released their first full year Financial Statements for the year ending 31 October 2016 following their successful IPO and listing on the Junior Market of the Jamaica Stock Exchange earlier this year. Main Event was able to report continued revenue growth for the 12 months moving to JA$1.1 billion up […]

CAC 2000 Financials Still Recovering From Payments For Lawsuit Damages

Crediting Franchising Model Through Franjam For Turnaround In 2016 Financial Performance

Gary Matalon CEO of the KLE Group is crediting the companies franchising model through newly formed subsidiary Franjam, for the turnaround in the company’s 2016 financial performance. Franjam is structured to accommodate further franchising opportunities as a franchisor company, to recruit and support franchisees. KLE is expected to benefit from this profitable model through its […]

CAC 2000 Financials Still Recovering From Payments For Lawsuit Damages

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