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Cornerstone Investments Holdings Offers Rita Humphries-Lewin JA$3B To Acquire Majority Position In Barita Investments.

Cornerstone Investments Holdings Limited has formally presented its offer to acquire a majority position in Barita Investments. The offer of JA$9.20 for approximately 334 million Barita shares is expected to cost Cornerstone Investments JA$3 Billion. Corner Stone is seeking to acquire no more and no less than 75 percent of the company, as they intend […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

Lasco Distributors Reporting Marginal Improvement In Q1 Revenue Of 3.5%.

Peter Chin, Deputy Executive Chairman and Managing Director for Lasco Distributors Limited, is reporting in the company’s just released unaudited results for the three months ending June 30, 2018, a marginal improvement in revenue of 3.5 percent. Revenue for the reporting quarter was JA$4.3 billion, compared to the JA$4.1 Billion for the corresponding 2017 period. […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

Toilet Paper Wipes Out AMG Packaging and Paper Profits

AMG Packaging and Paper Company Limited is pointing to the closing down of their toilet paper factory and the increased cost of paper for the losses reported for the nine months ending May 31st 2018. George Hugh, Managing Director of AMG Packaging reported that the company made a much smaller profit after tax of JA$13 […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

LASCO Financial Services Reporting Strong Growth Driven By Newly Acquired LASCO Microfinance Limited

Jacinth Hall-Tracey Managing Director for LASCO Financial Services Limited is reporting year over year growth of 74%, driven by growth in transactions. Commenting in the company’s just released first quarter unaudited financial results for the period ending June 2018, she reported that transactions generated JA$235.2M more revenues than the corresponding period in 2017 to close […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

CAC 2000 Recovers From Q1 Shortfalls, Momentum Picked Up In Q2 To Continue As Sales Funnel And Jobs Portfolio Grow.

Chairman and CEO of CAC 2000 Limited, Steven Marston is reporting that the company was able to recover from their first quarter shortfalls and that the momentum picked up in the second quarter will continue, as their sales funnel and jobs portfolio continues to grow. CAC 2000 is reporting for the six months ended April […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

Caribbean Cream’s 2018 Profits Dive As It Holds Prices To Gain Market Share

Caribbean Cream Limited, which is celebrating its fifth year on the Junior Market of the Jamaica Stock Exchange, is reporting reduced earnings per stock unit of 24 cents down from the 47 cents reported in 2017. This as the company’s revenue reached an all-time high of J$1.37 billion up from the $1.2 billion recorded in […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

Difficult Economic Environment In Trinidad And Tobago Continues To Weigh On Consumer Demand And Pricing Discretion – Mouttet

Christian Mouttet Chairman of Trinidad and Tobago based Prestige Holdings Limited, is reporting that for the first half of 2018 Group revenue increased by 3% to TT$521 million, as profit after tax decreased by 16% to TT$13.4 million, from TT$15.8 million in the previous year. These results, reported in their Consolidated Unaudited Results for the […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

Stanley Motta’s Set To Be First Listed Company In Jamaica’s History With Female-Dominated Board

Stanley Motta Ltd, a company effectively owned and controlled by the Musson Group and Harbour Street Properties Ltd, is seeking to raise just over $4 billion Jamaican dollars via an initial public offering of some 758 million ordinary shares. Encouraged by the uptick in Business Process Outsourcing demand for space, Stanley Motta is opening their […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

Derrimon Trading Reporting 143% Increase In Net Profits For 2017

Derrick Cotterell, Chairman and Chief Executive Officer for Derrimon Trading is describing their 2017 Financial Year as another successful year. It also represented the first year they were presenting Group Financial Statements, accounting for the acquisition of an additional 26% holding in Caribbean Flavours & Fragrances bringing their total ownership to 75% thus, making it […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

2017 Was Another Successful Year For The Jamaica Stock Exchange

The revenue of the Jamaica Stock Exchange increased by 14% in 2017 over 2016. This was the highlight of the report given by JSE’s Managing Director, Mrs. Marlene Street Forrest at the JSE’s 41st Annual General Meeting (AGM) held on Thursday, June 21, 2018, at the JSE, 40 Harbour Street. She made this and other […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT