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 […]
GWest Corporation Reporting Reduced Revenues Of JA$21.6 Million For Quarter Ending December 2017
Recently listed Junior Market company GWest Corporation Limited has released its first quarterly reporting since listing on the Jamaica Stock Exchange in December 2017. Reporting reduced revenues of JA$21.6 million for their quarter ending December 2017 compared to $24.3 million in 2016, Director Konrad Kirlew, said this 16% reduction was due to lower sales of […]
LASCO Financial Reporting Improved Q3 Performance From Seasonally Strong Remittance And Cambio Inflows
The Directors of LASCO Financial Services Limited have released the company’s third quarter unaudited financial results covering October – December 2017, reporting revenues increasing by 36% from JA$297.7M in the 2016 corresponding period to close at JA$404.9M. This improved performance the Directors have attributed to seasonally strong remittance and cambio inflows bolstered by the income […]
138 Student Living To Focus On Short Term Accommodation – Lee
John Lee Chairman of 138 Student Living Jamaica has described the company’s 2017 performance as below par. This although profit before taxation increased to JA$20 million up from a loss of JA$24 million for 2016. In his report to shareholders contained in the company’s recently released 2017 annual report, he indicated that the JA$20 million […]
JSE Listing Is A Historic Day In The Life Of The Fosrich Company – Foster
Photo Caption: FosRich’s Managing Director Cecil Foster (right) with SSL’s CEO Mark Croskery. The listing of FosRich Company Limited today brings the total number of companies on the Junior Market to 33 as the fourth company added to the market since the start of the year. FosRich Company Limited raised J$200.9 million from its Initial […]
FosRich Brings The Total Number Of Companies Listed On The JSE To 68
The listing of FosRich Company Limited brings the total number of companies on the Junior Market of the Jamaica Stock Exchange to 33 as the fourth company added to the market since the start of the year. FosRich Company Limited raised J$200.9 million from its Initial Public Offering (IPO) and will trading under the symbol […]
Businessuite 2017 Top 10 JAMAICA CEO Junior Market by % change in US$ Profit after Tax
Nat Rank Nat Rank Carib Rank US$000 US$000 % 2017 2016 2017 Chief Executive Officer Listed Company 2016/17 2015/16 Change 1 NR 3 David Lowe Caribbean Producers Jamaica Limited $2,589 $1,051 146.34% 2 NR 5 Andrew Jackson JETCON Corporation Limited $771 $336 129.66% 3 8 7 John Mahfood Jamaican Teas Limited $1,141 $600 89.96% 4 […]
