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There Is Still An Appetite For Good Companies In Which To Invest

“Spur Tree Spices Jamaica is listing on a vibrant market which closed the year with an index up by nearly 30%. The offer which was oversubscribed confirms that there is still an appetite, for good companies in which to invest, despite that fact that we are still in a pandemic. The market has also signaled […]

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If Spur Tree Spices Can List On The Jamaica Stock Exchange Any Company Can

“If Spur Tree Spices can list its Company on the Board of the Jamaica Stock Exchange any company can. It takes hard work and dedication and a collaborative effort from all. We at Spur Tree Spices are a small, but agile organization, and we make use of all the opportunities that are available to us. […]

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GK100 LAUNCHED!

GraceKennedy kicks off its 100th anniversary celebrations by gifting its staff shares The GraceKennedy Group has launched its 100th anniversary celebrations (GK100) with the announcement of a share offer for its over 2000 employees. The announcement of the offer, which is geared at broadening the share ownership of the GraceKennedy (GK) team in the Company, […]

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Business Operations Of Mountain Peak Foods Processors Transferred To Salada

Salada Foods Jamaica Limited (SALF) has advised that after careful consideration the Board of SALF have decided with effect as at October 1, 2021 that the business operations of Mountain Peak Foods Processors Limited (MPFP), a wholly owned subsidiary of SALF, as a going concern, including all of MPFP’s assets and liabilities, will be transferred […]

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Lumber Depot Limited Post Strong 2021 First Half

“Lumber Depot Limited had a strong 2021 first half. Revenues of $760 million represented an increase of 9% relative to the prior year. Profits for the first half were $107 million, an increase of 62% over the prior year. Revenues and profits for the three-month period ended October 31, 2021, were directly affected by the […]

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Jetcon Corporation Reporting Recovery In Sales And Profit For Third Quarter & Nine Months To September 2021

The third quarter for 2021 ended with a profit of $5.7 million, compared with a $2 million loss during the same period last year. Revenues for the quarter climbed 28 percent to $196 million, compared with $153 million for the similar period in 2020. Cost of Sales increased 29 percent from $128 million in 2020 to $166 million in 2021, directly in line with the increase in sales.

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GRACEKENNEDY CONTINUES TO DELIVER A STRONG PERFORMANCE IN 2021

“We also continue to execute on our M&A strategy and concluded our acquisition of Scotia Insurance Eastern Caribbean Limited during the quarter. That company is now named GK Life Insurance Eastern Caribbean Limited and will continue to offer creditor life insurance in seven Caribbean territories,”

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2021 Has Been One Of Mixed Fortunes For Knutsford Express And Subsidiary Companies

“The impact of the COVID19 pandemic on the travel industry has permeated this year’s audited results affecting almost every measure of our financial performance. Our revenues recorded in this unprecedented period in recent history, show a 38% decline to six hundred thirty million ($630M) from one billion and twenty-one million ($1,021M) in 2020. The year […]

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