Having rebalanced their property portfolio to underweight US properties and added one more property in Jamaica, Kevin Richards, Chief Executive Officer of Kingston Properties, is reporting that their financial performance has improved with higher net operating margins through higher rental income and a reduction in expenses. The results were shown in the first half of […]
The Wisynco Group Reporting Q3 2019 Revenues Of JA$6.9B A 18.7% Increase Over The JA$5.8B Achieved In 2018.
The Wisynco Group is reporting unaudited financial results for the third quarter ended March 31, 2019, with revenues of JA$6.9 billion representing an increase of 18.7% over the JA$5.8 billion achieved in 2018. Gross Profit also increased to JA$2.6 billion or 24.9% over the JA$2.1 billion achieved in the same quarter of 20818. Gross Margin […]
Erica Wynter President & Chief Executive Officer for C&E Innovational Services Ltd. to present at “Businessuite Women – Manifest the Foreseen in 2019” New Kingston, March 28th 2019
Businessuite Women’s session on Creating Multiple Streams of Income is a learning circle that guides attendees through a mind mapping process which fosters the identification of potential additional income sources; the benefits of residual income; and how to monetize personal skills and expertise in today’s global marketplace. This session is scheduled for Thursday March 28th […]
FirstCaribbean International Bank Reporting Lower Net Income Of US$22.5M In Q1 2019, Down US$15.7M Or 41% From 2019 Q1 Net Income Of US$38.2M.
FirstCaribbean International Bank Limited is reporting lower net income of US$22.5 million in the first quarter ended 31 January, 2019, down US$15.7 million or 41% from the first quarter’s net income of US$38.2 million in the prior year. On an adjusted basis, net income was $44.4 million after adjusting for $21.9 million in items of […]
Main Events Entertainment Group Reporting Improved Revenue And Gross Profit For Q1 2019, However The Group Reported A 4 % Drop In Net Profits
Main Events Entertainment Group is reporting improved revenues and gross profits for their first quarter ending January 2019, however the Group reported a 4 per cent drop in net profits, moving from JA$33 million in 2018 to JA$32 million in 2019. Revenues for the three months amounted to JA$458 Million an increase of 27 percent […]
Businessuite 2018 #1 CEO Trinidad and Tobago – Nigel M. Baptiste, President and Chief Executive Officer, Republic Financial Holdings Limited
NIGEL M. BAPTISTE President and Chief Executive Officer, Republic Financial Holdings Limited Managing Director, Republic Bank Limited Nigel M. Baptiste, Managing Director, Republic Bank Limited and President and Chief Executive Officer, Republic Financial Holdings Limited since 2016, is a career banker with more than two decades of experience. Prior to his current position, he has […]
Victoria Mutual Wealth Management & Victoria Mutual Investments Business Lines Have Achieved Enviable Growth Since Their Inception – Barrett
Mr. Devon Barrett, Chief Executive Officer, for both Victoria Mutual Wealth Management & subsidiary, Victoria Mutual Investments, is reporting that these business lines have achieved enviable growth since their inception, with Total Assets Under Management growing to JA$19.88 billion at the end of 2017; and Capital Markets financing, $53 billion over the past seven years. […]
National Commercial Bank Jamaica and OnTime Taxi Company Disrupts Market with Mobile Money Solution – Quisk
National Commercial Bank Jamaica Limited (NCB) through its mobile money solution – Quisk, has announced that it will be collaborating with the OnTime Taxi Company to drive a shift in the local transportation market. The match was described as timely, by both companies as both are said to be seeking to increase the safety of […]
CIBC FirstCaribbean International Bank Appoints Colette Delaney New Chief Executive Officer.
Regional financial services institution, CIBC FirstCaribbean International Bank, has announced the appointment of Colette Delaney as its new Chief Executive Officer. Delaney, whose appointment becomes effective on November 1, succeeds Gary Brown, who retires on October 31. Delaney is a banking professional of more than thirty years’ experience, having started her career with CIBC in […]
Firstcaribbean International Bank Reporting Net Income Of US$120M Up By US$15.7M Or 15.1%. For 9 Months Ended 31 July, 2018
FirstCaribbean International Bank Limited is reporting in the company’s just released Consolidated Financial Statements for the nine months ended 31 July, 2018, net income of US$120 million, up by US$15.7 million or 15.1%. Commenting on the financial performance, Chief Executive Officer Gary Brown reported that adjusted net income for the year taking into account a […]
