Evergo Jamaica is investing in Mexico-based E-DRIVE which is a company that is building the infrastructure for the electric future. This infrastructure is mainly in the form of providing electric gas stations throughout the Caribbean and Latin America.
Additionally, Evergo...
Regency Petroleum Company Limited (RPL) had a successful IPO which saw the firm looking to raise $287.16 million where $170.70 comes from the public market and RPL key partners. It was a success as it was oversubscribed and ended...
Sagicor Xfund’s numbers have improved quite significantly since last year. In 2021 cumulatively over the first three quarters, they saw a net loss attributable to stockholders at J$65.43 million. In 2022 during the same period, they reported net profits...
Jamaica Producers Group Limited (JP) and Eppley Limited joined forces to create a capital infrastructure group to invest in different projects across the Caribbean. These projects will be mainly based on infrastructure.
Thus far these two companies will be...
Sterling Investments Limited (SIL) had a successful quarter ending September which saw a 108 percent increase in revenue. It increased from J$23.1 million in 2021 to J$48.1 million in 2022 within the same period.
This jump in revenue is largely...
The 2020s in my opinion is a decade of massive changes. The changes are not linear in nature but asymmetric. Most persons who are aware but don’t have the correct words to describe the phase that we are going...
Jamaica Producers Group (JP) and PanJam Investment, announced they will be merging both companies in a strategic initiative to take advantage of various opportunities.
This new consolidated organization, which will be renamed Pan Jamaica Group Limited will enable JPG to...
Barita’s net profit for the 12 months ended September 30, 2022, stands at $4.1 billion which is a slight increase over the $4 billion generated last year. They also reported a nine percent increase in operating revenue last year...
Seprod Group's net profit increased by 113 percent to J$1.05 billion. Revenues for the quarter increased by 109 percent to J$23.64 billion.
The year-to-date performance sees net profit for the nine-month period at J$2.63 billion which is a 55 percent...
FESCO has experienced yet another successful quarter in which the service station chain has shown very promising results.
Net profit for the period ending September surged by 125.98 percent from J$72.08 million to J$129.29 million. Total net profit thus far...
