Collective approach needed to strengthen tourism

President of the Jamaica Hotel and Tourist Association (JHTA), Omar Robinson, says while tourism has suffered temporary fallout from the coronavirus (COVID-19) pandemic, it remains one of Jamaica’s most resilient … Read More

General Accident Insurance Company Jamaica Reporting Reduced Underwriting Profits For Six Months Ended 30th June 2020.

Managing Director for General Accident Insurance Company Jamaica Limited (“General Accident”) Sharon Donaldson is reporting that for the six months ended 30th June 2020 the company produced a profit before … Read More

K.L.E. Group Still In Cost Containment Mode As Company Recorded Its Worst Revenue and Profit FigureS Since Inception

The K.L.E. Group’s second quarter, ended June 30, 2020, has been similar to the first, in that their focus has been mainly on cost containment while reworking their product and … Read More

Derrimon Trading Company Reporting Flat Consolidated Revenue Of $6.30B, But Posts A 9.70% Jump In Net Profit After Tax For Six Months Ending June 2020.

Derrimon Trading Company Limited reported revenues of JA$6.30 billion for the six (6) months ended June 30, 2020, JA$16.11 million more than the $6.29 billion reported for the corresponding six … Read More

Unilever Caribbean Delivers Improved Top And Bottom Line Results For 6 Months Ended June 2020

Unilever Caribbean Limited delivered improved top and bottom-line results in the half-year ended June 30th, 2020, (H1), as reported by Chairman Rodrigo Sotomayor, posting revenues of TT$147.6m, 7.1% above H … Read More

Fosrich Reporting Improved Year to Date Revenues and Gross Profits, But Negatively Impacted by COVID19 in Q2 June 30, 2020

Unaudited Financial Statements Six Months Ended 30 June 2020 Financial Highlights: Year-to-date: • Revenues: $857.1 million, up $110.7 million or 15% from $746.4 million in the prior period • Gross … Read More

Stationery & Office Supplies Already Seeing Positive Trends With Business Slowly Increasing Since April, As May Jumped 75% And June A Further 50%.

Stationery & Office Supplies’ Managing Director David McDaniel is reporting that the combined effects of Government imposed COVID19 restrictions on movement and business operations led to a decrease in economic … Read More