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Sagicor Group Records Another Solid Q1 Performance, Net Income Closing Up At US$38.9M

The Sagicor Group recorded another solid performance for the first three months to March 31, 2018, this as the Group’s net income closed the period at US $38.9 million against a prior year result of US $27.0 million. Net income attributable to shareholders was US$19.9 million compared to the prior year result of US $16.7 […]

FirstCaribbean International Bank Reporting 18% Increase In Net Income To US$43.9M For Q2 2018

Fosrich Company Reporting Lower Q1 Income Of JA$271.8M Compared To $294.5M For The Prior 2017 Reporting Period.

The Directors of FosRich Company Limited have released the company’s unaudited results for the three months ending 31 March 2018, reporting lower income of JA$271.8 million compared to $294.5 million for the prior 2017 reporting period. Other income however benefitted from favourable foreign exchange gains amounting to $7.8 million. Gross profit for the year-to-date was […]

FirstCaribbean International Bank Reporting 18% Increase In Net Income To US$43.9M For Q2 2018

The 2018 Businessuite Skin Index

The Annual Businessuite Skin Index seeks to measure and gauge the extent to which Businessuite Top 50 CEO’s who run Businessuite Top 50 & 100 Companies use their own money to buy stock in the company they are running and if they are managed by like-minded individuals who share a stake in the company. Skin […]

FirstCaribbean International Bank Reporting 18% Increase In Net Income To US$43.9M For Q2 2018

GraceKennedy posts positive Q1 results with net profit up 14.9% – Revenue increased to $24.9B

The GraceKennedy Group has recorded revenues for the first quarter of 2018 of $24.9 billion and net profit of $1.3 billion. The results show positive performance with increases of 5.1% on revenue and 14.9% on net profit over Q1 2018. Don Wehby, Group CEO, expressed satisfaction with the Group’s results, noting that the company has […]

FirstCaribbean International Bank Reporting 18% Increase In Net Income To US$43.9M For Q2 2018

Stationery And Office Supplies Reporting Highest Recorded Sales For Any Quarter In 50-Year History Of Company

Stationery and Office Supplies Limited is reporting an all-time high in sales for any single month, as well as the highest recorded sales for any quarter, ever posted in the 50-year history of the company. The recently listed Junior Market company on the Jamaica Stock Exchange, recorded sales of JA$102 million for the month of […]

FirstCaribbean International Bank Reporting 18% Increase In Net Income To US$43.9M For Q2 2018

Barita Investments Continues To Feel Effects Of JA$ Strengthening Against The US$

Chairman of Barita Investments Limited Rita Humphries-Lewin, is reporting that for the March 2018 quarter the company achieved growth in key revenue drivers, namely interest income, fees and commission income and cambio trading and translation gains. Commenting further on the company’s performance she reported that net profit for the three months totaled JA$88 million, compared […]

FirstCaribbean International Bank Reporting 18% Increase In Net Income To US$43.9M For Q2 2018

Salada Foods Net Profit For Half Year Up 79 Percent To JA$80 Million

Salada Foods Jamaica Limited’s Interim Report, reveals net profit for the half year, up by 79 percent to JA$80 million from the JA$45 million reported last year, this as operating profit also improved by 100 percent to JA$107 million up from the JA$54 million last year. Patrick Williams, Chairman of the Board, in his notes […]

FirstCaribbean International Bank Reporting 18% Increase In Net Income To US$43.9M For Q2 2018

Unilever Caribbean Closes 2017 With EPS Of 40 cents Down From $1.62 in 2016.

John De Silva, Managing Director for Unilever Caribbean Limited is reporting that the company faced a difficult 2017, delivering turnover of TT$464 million, an 18% decline versus the prior year $566 million. Commenting further, in his report to shareholders in the Company’s just released 2017 annual report, he reported that they faced challenging economic conditions […]

FirstCaribbean International Bank Reporting 18% Increase In Net Income To US$43.9M For Q2 2018

Sagicor Bank Credits Corporate Banking Team For Growing Lending Portfolio By 9%.

Richard Byles Chairman of Sagicor Bank is crediting their Corporate Banking team for engaging in a number of major deals and arranging several high value syndications during 2017, resulting in new loan disbursements of JA$27.3 billion growing the lending portfolio by net 9%. This performance for 2017 he said reflects their progress and persistence to […]

FirstCaribbean International Bank Reporting 18% Increase In Net Income To US$43.9M For Q2 2018

Jetcon Corporation Crosses Billion Dollar Mark For The First Time, Marking Third Year Of Growth In Revenues

The Directors of Jetcon Corporation are reporting in the Company’s just released annual report for 2017, another successful year ending December 2017. With revenues rising 37 percent to $1.18 billion, exceeding the billion Jamaican dollar mark for the first time, this marks the third year of growth in revenues of 37 percent and above. Commenting […]

FirstCaribbean International Bank Reporting 18% Increase In Net Income To US$43.9M For Q2 2018