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...
Elon Musk is making changes to the verification feature on Twitter once again. The $8 monthly subscription service for a blue checkmark was a complete disaster as users created fake accounts which misrepresented the real verifiable ones.
This new service...
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...
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...
Theranos founder Elizabeth Holmes has been sentenced to over 11 and half years over various charges. At her preliminary, she was found blameworthy on four of 11 counts connected with cheating financial backers; however, she was not seen as...
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...
Sygnus Credit Investment (SCI) had another successful quarter beating analysts' estimates.
Net profit attributable to shareholders increased by 8 percent from US$1.51 million last year 2021 to US$1.63 million in 2022 during the same period.
Total investment income grew by 24.7...
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...
