Caribbean Business Reports

Investment

Barita Investments acquires 20 per cent stake in Derrimon Trading

Barita Investments Limited (BIL), which acted as a lead broker in Derrimon Trading Company Limited’s...

Feb 26 | BY Josimar Scott

Markets

Supreme Ventures makes $2.4 billion in COVID year

Supreme Ventures Limited reported net profit of $2.42 billion for the year ended December 31,...

Feb 26 | BY

Real Estate

KPREIT shareholders approve APO offer

Kingston Properties Limited (KPREIT) has advised that at its extraordinary general meeting on February 23,...

Feb 26 | BY

Retail

Cigarette seller Carreras sells JM$4 billion in smokes in Q3

Jamaican cigarette distributor Carreras Limited recorded a 10 per cent growth in revenues for the...

Feb 25 | BY

Finance

Ja’s SSL Venture Capital to wind up sole operating segment due to COVID-19

The management of SSL Venture Capital Group Limited  has indicated that, following a strategic review...

Feb 23 | BY

Telecommunications

Debt hampers Cable Bahamas in a year of COVID-19

Cable Bahamas Limited, which will soon delist from the Jamaica Stock Exchange (JSE), has posted...

Feb 23 | BY

Investment

Ja’s Barita Investments cautious about economic rebound

Barita Investments Limited Chairman Mark Myers, in remarks attached to the company’s latest financials for...

Feb 17 | BY

Finance

C&WJCCUL reports JM$396- million surplus

The Community and Workers of Jamaica Co-operative Credit Union (C&WJCCUL) generated a surplus of JM$396...

Feb 16 | BY

Real Estate

Stanley Motta property value jumps to JM$5.5 billion

High revaluation gains on investment property led to Stanley Motta Limited ending 2020 with a...

Feb 15 | BY

Finance

Proven Investments drops JM$2.9 billion on debt repayment

Hard on the heels of its successful additional public offer (APO) of common shares, Proven...

Feb 12 | BY

Finance

Slow loan climate affects Access Financial Services

Access Financial Services Limited (AFS) has reported net profit after tax of $128 million for...

Feb 12 | BY

Manufacturing

Seprod profit up 86 per cent

In unaudited results released this week, Seprod Limited posted net profit from continuing operations of...

Feb 11 | BY

Investment

First Rock reports 300% profit climb in 2020

First Rock Capital Holdings Limited (FCH),  for the 12 months ended December 31, 2020, reported...

Feb 10 | BY

Investment

JMMB offers two new preference shares

JMMB Group Limited is inviting public subscriptions for 1,500,000,000 cumulative redeemable 7.35 per cent fixed-rate JMD...

Feb 10 | BY

Food

Express Catering Limited signs three new franchises

Express Catering Limited (ECL), the largest food and beverage provider at the Sangster International Airport...

Feb 10 | BY

Markets

Derrimon bullish on planned expansion of own branded products

FRESH from its successful additional public offer (APO), commodities distributor Derrimon Trading is now ready...

Feb 10 | BY Staff Writer

Markets

Revenues plummet at Express Catering amid 72% drop in departing passengers

Airport food service provider Express Catering Limited has seen its revenues plummet by 85 per...

Feb 10 | BY Staff Writer

Markets

Property acquisition, revaluation gains drive asset growth for Indies Pharma

Indies Pharma Jamaica Limited, in freshly published, audited financial results for the period ended October...

Feb 07 | BY

Manufacturing

Tourism, school closures weaken revenue but profit unshaken at Wisynco

For the second quarter ended December 31, 2020, Wisynco Group Limited (Wisynco) reported revenues of JM$8...

Feb 05 | BY

Real Estate

Kingston Properties to hold EGM ahead of APO

On February 23, shareholders of Kingston Properties Limited (KPREIT)  will meet in hybrid format to...

Feb 04 | BY