Junior Market listed company CAC 2000 is reporting for the quarter ending January 31 2019 lower revenues of JA$166.4M compared to JA$239.5M for the same 2018 quarter. The company is also reporting reduced gross profits of JA$54.6Million compared to the JA$82.4Million for Q1 2018, which was also impacted by a slight dip in margins to […]
Fontana Limited Reporting 8.6% Improvement In Q2 2018 Revenues As Year To Date Margin Remained Constant At 35 %
Fontana Limited, which recently listed on the Junior Market of the Jamaica Stock Exchange, is reporting Q2 2018 revenues of JA$1.22 Billion, representing an 8.6 percent increase over Q2 2017. Though the gross profit margin declined for the quarter, year to date margin, the company reports, remained constant at 35 percent for both 2017 and […]
iCreate Limited Expected To Apply For Listing On The Junior Market Of The Jamaica Stock Exchange.
Sagicor Investments Jamaica Limited has advised that the iCreate Limited IPO was oversubscribed and the subscription list closed on February 1, 2019, at 1:00 p.m. The offer opened on Thursday, January 31 and was scheduled to close February 14, with 74,062,500 ordinary shares offered to the public at $1.01 each. The company, which had sought […]
Businessuite 2018 Top 10 Jamaica Junior Market Companies By US$ Revenue
NR NR NR LC$000 US$000 2018 2017 2016 Company 2017/2018 2017/18 1 1 1 JA Lasco Distributors Limited $16,269,083 $130,153 2 2 2 JA Caribbean Producers Jamaica Ltd. $107,795 3 5 4 JA General Accident Insurance Co Ja $7,106,254 $56,850 4 4 3 JA Derrimon Trading Company Limited $6,723,810 $53,790 5 3 5 JA Lasco […]
Businessuite 2018 Top 10 Jamaica Junior Market Companies By US$ Profit After Tax
NR NR NR LC$000 US$000 2018 2017 2016 Company 2017/18 2017/18 1 3 2 JA Lasco Distributors Limited 1,003,879 8,031 2 2 NR JA Access Financial Services Ltd. 716,027 5,728 3 JA 138 Student Living Jamaica Limited 693,632 5,549 4 1 1 JA Lasco Manufacturing Limited 615,948 4,928 5 5 3 JA Dolphin Cove Limited […]
Caribbean Cream’s 2018 Profits Dive As It Holds Prices To Gain Market Share
Caribbean Cream Limited, which is celebrating its fifth year on the Junior Market of the Jamaica Stock Exchange, is reporting reduced earnings per stock unit of 24 cents down from the 47 cents reported in 2017. This as the company’s revenue reached an all-time high of J$1.37 billion up from the $1.2 billion recorded in […]
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 […]
General Accident Insurance Reporting Disappointing 2017, Making First Underwriting Loss In 9 Years
Paul B. Scott Chairman of General Accident Insurance Company is reporting that the company had a disappointing year in 2017, making its first underwriting loss in recent years and producing their lowest returns on shareholders’ equity as a public company, delivering a profit before tax of JA$236 million, 42% lower than in 2016. Commenting on […]
Stationery And Office Supplies Enters Manufacturing Sector Acquires Machinery and Brand SEEK.
Junior Market listed company, Stationery and Office Supplies Limited, has signaled its intention to enter the manufacturing sector with the recent acquisition of equipment used to manufacture various types of writing books as well as the brand name SEEK. The transaction, which is set at JA$60 million, with the overall rollout cost, including renovations expected […]
Elite Diagnostic’s Jamaica Stock Exchange Listing Brings Value Of Junior Market To JA$121 Billion.
Photo Caption: Warren Chung, CEO at Elite Diagnostic Limited (right), in discussion with his team and Marlene Street Forrest, Managing Director, Jamaica Stock Exchange (left). The team of NCB Capital Markets and Sagicor Investments was co-broker and arranger for the medical diagnostic company’s successful IPO and listing. Comprising the team (from second left) are: Mischa […]
