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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 […]

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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 […]

Connected Parties In Derrimon Trading And Caribbean Producers Jamaica Sell Off Significant Portions Of Their Holdings

Cable Bahamas Expanding Into A Truly International Company – Gomez

Cable Bahamas became the first Bahamian company to list on the Jamaica Stock Exchange with the listing of the two classes of preference shares by way of Introduction. Mr. John Gomez, Chief Operating Officer, of Cable Bahamas, speaking at the listing ceremony, stated that Cable Bahamas started operation in 1994 and in 2014 bought several […]

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Crediting Improved RJR Results To Net Profits Of JA$95 Million From The Gleaner Company Media Limited – Allen

The RJR Group is reporting improved profit after tax of JA$145.2 million for the year ended March 2017. The Group’s revenues of JA$5.2 billion reflected an increase of JA$2.9 billion or 126.77% over the comparable period last year due to the addition of Gleaner Company Media revenues and the pre-amalgamated RJR revenues registering a 2% […]

Connected Parties In Derrimon Trading And Caribbean Producers Jamaica Sell Off Significant Portions Of Their Holdings

Three Companies Expected To List On The Junior And Main Markets Of The Jamaica Stock Exchange This Month

At least three companies, Cable Bahamas Limited, Stationery & Office Supplies Limited and Productive Business Solutions Limited are expected to list on the Junior and Main markets of the Jamaica Stock Exchange this month. Guided by Scotia Investments, the Bahamian based Cable Bahamas, which was approved by the Jamaica Stock Exchange last month is expected […]

Connected Parties In Derrimon Trading And Caribbean Producers Jamaica Sell Off Significant Portions Of Their Holdings

Medical Disposables And Supplies Record Improved Profit After Tax Of JA$100.6M

Despite a reported challenging economic environment, Kurt Boothe General Manager of Medical Disposables and Supplies Limited is reporting that the company experienced growth as forecasted in its corporate strategic plan, mainly attributable to an increase in product offerings, price increases and new business channels. Revenue for the year ended March 31, 2017 was JA$1.7B, growing […]

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Underlying Profitability Of General Accident Will Continue, Despite The Ongoing Fierce Competition In The Market, As We Continue To Look For Growth Opportunities – Donaldson

Sharon Donaldson Managing Director of General Accident Insurance Company is expecting the underlying profitability of the company to continue, despite the ongoing fierce competition in the market, as they continue to look for growth opportunities. Addressing shareholders in her report for 2016, she expressed confidence in their well-positioned and diversified investment portfolio to provide a […]

Connected Parties In Derrimon Trading And Caribbean Producers Jamaica Sell Off Significant Portions Of Their Holdings

Derrimon Trading Company Limited Issues new J$250 million secured note

Caption for the photo: l-r: Derrimon Trading’s Chairman and CEO, Derrick Cotterell (centre), joined by CFO, Ian Kelly (left), shares a handshake with Mayberry CEO, Gary Peart, after Derrimon Trading’s recently concluded Bond Issue.   Derrimon Trading Limited, in an effort to refinance its current US dollar debt, recently closed a bond issue valued at […]

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General Accident Navigated A Challenging Operating Environment Where Premium Rates Continued To Plummet And The Industry Experienced Major Fire Losses – Scott

Paul B. Scott, Chairman of General Accident Insurance, in his 2016 report to shareholders, marking the company’s fifth year as a public company is reporting an underwriting profit and solid returns on equity, generating underwriting profits in nine of the last ten years. General Accident he said, having navigated a challenging operating environment where premium […]

Connected Parties In Derrimon Trading And Caribbean Producers Jamaica Sell Off Significant Portions Of Their Holdings

8.4 % Year-Over-Year Increase, Second Highest In ANSA Merchant Bank’s History – Sabga

Norman Sabga, Chairman of Trinidad and Tobago based ANSA Merchant Bank, is reporting improved profits before tax of TT$322 million in 2016, an increase from the TT$297 million reported in 2015. The 8.4 per cent year-over-year increase, is the second highest in the company’s history. ANSA Merchant Bank was able to increase its net operating […]

Connected Parties In Derrimon Trading And Caribbean Producers Jamaica Sell Off Significant Portions Of Their Holdings

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