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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 […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

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 […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

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 […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

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 […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

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 […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

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 […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

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 […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

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 […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

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 […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits

SSL Venture Capital Jamaica Limited To Specialize In Private Investments Into Targeted Companies That Show Great Promise – Croskery

C2W Music Limited’s name is now legally changed to SSL Venture Capital Jamaica Limited and has been replaced on the Jamaica Stock Exchange board with a new stock ticker, changing from “MUSIC” to “SSLVC”. Managing Director of the Jamaica Stock Exchange, Marlene Street Forrest said that the rescue of the loss making C2W Music Limited […]

Caribbean Cream Reporting Improved 6 Month Revenues And Profits