Home Tag "Chairman"

FosRich Year-To-Date Income Benefitted From Commissions Earned On JPS Street Lighting And Other Projects

Chairman of FosRich Company Limited, Marion Foster, is reporting income of JA$1,2B for the nine months ended 30 September 2019, compared to $946 million for the prior reporting period, an increase of $240 million. Gross Profit for the year-to-date was reported at JA$515 million compared to $410 million for the prior reporting period, representing an […]

Key Insurance Company Reporting Loss For Q3 Of $116M And 9 Month Of JA$305M.

Amaterra Group And Marriott Int’l Partner On New Hotel Development

Photo: Serena Grant Amaterra Jamaica Group Chairman, Keith Russell (left), and Director, Paula Russell (second left), observe the formalities during Wednesday’s (November 13) signing of a hotel management agreement with Marriott International, being undertaken by the latter entity’s Chief Development Officer for the Caribbean and Latin America, Laurent De Kousemaker (second right), and Vice President, […]

JMMB Group Additional Public Share Offer Oversubscribed by 92.5% Raising Over JA19.05B

Strong Investor Confidence In Continued Growth And Success Of Fontana Pushes Share Price Over 400% Since December 2018 IPO

Fontana Limited, owners and operators of the Fontana Chain of Pharmacy’s is reporting that their five stores, located in Kingston, Mandeville, Montego Bay, Ocho Rios and Sav La Mar for the period July 1, 2018 to June 30, 2019, combined to deliver a healthy revenue growth of 8.3%. The recently listed Junior Market Company reported […]

Key Insurance Company Reporting Loss For Q3 Of $116M And 9 Month Of JA$305M.

Expected Rise In Levels Of Growth, A Key Objective Of The Reform Programme, Still Below Target, Even Though Jamaica Has Hit The Macroeconomic Targets

Chairman of the Economic Programme Oversight Committee, EPOC, Keith Duncan says that the expected rise in the levels of growth, which was a key objective of the reform programme, is still below target, even though Jamaica has hit the macroeconomic targets it set out to achieve. Listing several factors that Jamaica must achieve to sustain […]

JMMB Group Additional Public Share Offer Oversubscribed by 92.5% Raising Over JA19.05B

GraceKennedy Opens US$5M Grace/La Fe Facility in New Jersey

The GraceKennedy Group took another step towards realising its  vision of becoming a Global Consumer Group on Monday, October 7, when it officially opened its brand new Grace/La Fe facility in Woodbridge, New Jersey. The facility, which cost the company some US$5M, will drive increased operating facilities and reduce costs, while having the teams centrally […]

UK Grants Huawei Access To 5G Network

#1 Sagicor Financial Corporation Businessuite 2019 Top Barbados Company by US$ Profit after Tax

The Sagicor Group delivered strong operational performance for financial year 2018. Each business segment grew their revenue, and each delivered positive net income, in spite of significant one-time items, in particular the restructuring of the Government of Barbados debt (GoB). We are pleased with our performance in the face of these challenges. Total revenue increased […]

#1 John De Silva Managing Director Unilever Caribbean Limited Businessuite 2019 Top Caribbean CEO

Businessuite 2019 Top Guyana CEO – Komal R. Samaroo Executive Chairman & President Demerara Distillers Ltd.

NR 2019 Businessuite 2019 Top 5 Guyana CEO’s by % change in US$ Profit after Tax US$000 US$000 % 2019 2018 Change 1 GY Komal R. Samaroo Demerara Distillers Ltd. $16,356 $12,591 129.90% 2 GY Nigel M. Baptiste Republic Bank Guyana Ltd. $15,635 $13,264 117.88% 3 GY Clifford Barrington Reis Banks DIH Ltd. $22,856 $20,551 […]

#1 John De Silva Managing Director Unilever Caribbean Limited Businessuite 2019 Top Caribbean CEO

Jamaica Stock Exchange’s Market Capitalization Surpassed the JA$2 trillion-mark with QWI Investments Limited Listing

QWI Investments Limited Raised $1.17 Billion Dollar on the Stock Market allowing the market capitalization to surpass the $2 trillion-mark for the First Time Today, the Jamaica Stock Exchange’s market capitalization surpassed the $2 trillion-mark, unprecedently doubling in value in less than two years! This market achievement comes with QWI Investments Limited (QWI) successful listing […]

JMMB Group Additional Public Share Offer Oversubscribed by 92.5% Raising Over JA19.05B

Massy Holdings Reporting Q3 2019 Revenues Of TT$9.1 Billion, 1% Below Q3 2018 Revenue

Trinidad and Tobago based Massy Holdings Ltd. and its subsidiaries are reporting for the third quarter (Q3) of the 2019 Financial Year (FY) revenues of $9.1 billion, 1% below Q3 Revenue of the prior year. Group Profit Before Tax (PBT) of $642 million was however 5.5% higher than PBT in Q3 prior year. Group Profit […]

Key Insurance Company Reporting Loss For Q3 Of $116M And 9 Month Of JA$305M.

Key Insurance Company Issues Three Year Turnaround Plan Covering Period 2019-2021.

The Directors of Key Insurance Company Limited (KEY) have issued a statement outlining what they have labeled as a Three Year Turnaround Plan covering the period 2019-2021. According to the statement published on the website of the Jamaica Stock Exchange, the company’s operating performance for the financial year ended 31 December 2018 was significantly influenced […]

Key Insurance Company Reporting Loss For Q3 Of $116M And 9 Month Of JA$305M.