Home Tag "Jamaica Stock Exchange"

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

Oliver Townsend CEO of Knutsford Express is reporting that the 2016/17 financial year saw the company continuing on its strong and sustained growth path with the business recording a 40% increase in net profit to $170M over 2016 with a corresponding 33% growth in assets from $442M in 2016 to $587M. With growth in revenues […]

Paramount Trading Looking To Tourism And Agriculture And Export Of Lubricants And Chemicals To Increase Footprint And Profitability.

Paramount Trading Looking To Tourism And Agriculture And Export Of Lubricants And Chemicals To Increase Footprint And Profitability.

For the 2016-2017 financial year Paramount Trading’s performance was fairly solid as revenue grew by $131.5 Million reaching $1.15 Billion up from $1.02 Billion in the previous year, this according to Hugh Graham CEO & Managing Director of company in his report to shareholders contained in the company’s 2017 annual report. Graham who founded the […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

Palace Amusement Experiencing Significant Jumps In Stock Price Over The Last 9 Months

The Palace Amusement Company Limited is reporting a substantial improvement in net profits of $42.8M for the financial year ending June 2017, up from $15.7M for the 2016 period. The company was also able to report improved earning per stock unit of $22.97 up from $11.38 for 2016. Jamaica’s only cinema company was able to […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

JMMB Bank CEO Jerome Smalling Accelerating Rate Of Customer Acquisition With Aggressive Push

The JMMB Group has embarked on a 2017/2018 strategic focus to improve sales productivity and capacity while increasing client reach, this as it moves to position itself as a stronger player in the Jamaican commercial banking space by 2020. JMMB Group plans to target nearly three-quarters of small and medium-sized enterprises that rely on financing […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Peter Moses Now Chairman of FGB as Douglas Orane Retires

Kingston, Jamaica September 20, 2017] GraceKennedy Limited has announced the retirement of Mr Douglas Orane from the Board of Directors of its subsidiary First Global Bank Ltd. after serving as its Chairman from April 2001. This became effective on September 19. Mr Orane had indicated to Don Wehby, Group CEO, his intention to step down […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Mayberry Investments Joins John Jackson, In Calling For A Rejection Of Ansa Coating International’s Offer – Updated

The number of shareholders coming out and publicly rejecting Ansa Coating International Limited’s offer to purchase the ordinary shares in Berger Paints Jamaica Limited, now held by minority shareholders is growing. Mayberry Investments Limited, noted financial analyst John Jackson, Sagicor Investments, a subsidiary of Sagicor Group which controls more than 10 percent of Berger Paints […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

Sweet River Abattoir & Supplies Finally Makes A Profit – Gifford

The 2016-2017 financial year had its challenges and many lessons were learnt, according to Henry Graham Chairman of Sweet River Abattoir & Supplies Company Limited, chief among them was the loyalty of pig farmers, markets and other stakeholders. Describing the year as exceptional when compared to the past two (2) years, Graham reported that the […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

Main Event Entertainment Reporting A 69% Jump In Net Profit For The Nine Months Ending July 31.

Main Event Entertainment Limited is reporting a 69% or JA$41.4 jump in net profit for the nine months ending July 31. This as the company made net profits of $101.1 million generating earnings per share of 36 cents for the period. Chief Executive Officer of Main Event, Solomon Sharpe, commenting on the performance of the […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

Raymond Walker Signs With Mayberry For Caribbean Assurance Brokers IPO Prospects

Photo Caption: Raymond Walker Chairman & CEO Caribbean Assurance Brokers signs mandate with Tania Waldron Gooden, Senior VP of Investment Banking Mayberry Investments. KINGSTON, Jamaica – Caribbean Assurance Brokers Limited (CAB) has retained the services of investment bank, Mayberry Investments Limited (Mayberry). In a deal signed earlier this week, Mayberry will now act as the […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Scotia Group Has The Right Strategy To Ensure Delivery Of Solid Returns And Increased Long Term Value For Stakeholders – Sharp

As she hands over the leadership reins to David Noel, outgoing Group Chief Executive Officer of Scotia Group Jamaica Jackie Sharp, has indicated that she was confident that Scotia Group has the right strategy to ensure delivery of solid returns and increased long term value for stakeholders. Mrs. Sharp reported that her final quarter showed […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17