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Jetcon Corporation Continues To Struggle With Revenues Falling 26% And Profits By 35 % For Q2

Jetcon Corporation continues to reverse three years of solid growth as the company reports that their second quarter was another challenging one, with revenues falling 26 percent and profits by 35 percent; for the half year, revenues fell by 22 percent and profit by 34 percent. The first half reverses three years of solid growth […]

Paramount Trading Jamaica Reporting Improved Q1 Performance With Net Profit Before Taxes Of $17M Increasing By $8M Or 92%.

Kingston Wharves 2018 Performance Signaled The Success Of Their Growth Strategy, Recording Revenues Of J$7.25 Billion An Increase Of J$884 Million Over 2017.

Grantley Stephenson Chief Executive Officer of Kingston Wharves Limited is reporting that The Group’s performance in 2018 signaled the success of their growth strategy, this as they realised revenues amounting to J$7.25 billion as at December 31, 2018, an increase of J$884 million over the 2017. 2018 he said was a year in which they […]

Paramount Trading Jamaica Reporting Improved Q1 Performance With Net Profit Before Taxes Of $17M Increasing By $8M Or 92%.

Jetcon Corporation Ends 2018, Its 3rd Year On Junior Market Of The Jamaica Stock Exchange, With First Year Of Decline In Profits Since 2014

Jetcon Corporation Limited, described as Jamaica’s pre-eminent preowned car dealers, marked its third year of listing on the Junior Market of the Jamaica Stock Exchange in 2018 with revenues declining modestly from JA$1.18 billion in 2017 to JA$1.16 billion in 2018. Operational costs increased in 2018, resulting in the reduction in profit to JA$92 million, […]

Paramount Trading Jamaica Reporting Improved Q1 Performance With Net Profit Before Taxes Of $17M Increasing By $8M Or 92%.

Stewart’s Automotive Group New US$13M Showroom To Incorporate Space For Business Process Outsourcing (BPO) Operations.

Stewart’s Automotive Group has broken ground for their new showroom on Arthur Wint Drive in St. Andrew and is projected for overall completion in September 2019. And according to Director of the Stewart’s Automotive Group, Duncan Stewart, the New Showroom will incorporate and create space for Business Process Outsourcing (BPO) operations. The US$13-million investment made […]

Jamaica Economic Review 2018-2019

After Three Years Of Strong Growth In Revenues And Profit Jetcon Corporation Now Seeing Much Slower Gains In Revenues

Jetcon Corporation Limited is reporting for the Third Quarter ended September 2018, that after three years of strong growth in revenues and profit Jetcon Corporation is seeing much slower gains in revenues, in 2018, resulting in lower profit for the third quarter and year to date. In his report to shareholders Managing Director Andrew Jackson […]

Paramount Trading Jamaica Reporting Improved Q1 Performance With Net Profit Before Taxes Of $17M Increasing By $8M Or 92%.

General Motors Wants You To “Airbnb” Your Vehicle When You’re Not Using It.

General Motors Co. plans to start a pilot program this summer that will enable car owners to rent out their vehicles when they aren’t using them, according to people familiar with the matter. The tests will begin in early summer through GM’s Maven car-sharing unit, said the people, who asked not to be identified because […]

Huawei Announces Q3 2019 Business Results