Caribbean Markets Index Value   Change +-% USD EURO GBP CAD
Bahamas BISX All Share Index1,827.47-0.02 0.00% 1.00 1.26 1.53 1.53
Barbados BSE 1000 Index656.560.00 0.00 1.98 2.13 2.82 1.37
Jamaica JSE Market Index156,273.84-4,573.60 -2.84% 120.31 112.32 172.13 80.51
Trinidad TTSE Composite1,164.821.15 0.10% 6.40 6.90 8.96 4.45


Caribbean Market Update

Caribbean Cement and Trinidad Cement Net Swing to Profit

Author: Mukesh Buch
Islandjournal.net
Last Update: 8:59 AM ET June 27 2014


Caribbean Cement Company Limited, the Jamaica-based cement producer reported revenue in the year quarter ending in December surged 33.1% to J$12.09 billion from J$9.08 billion in the last year. Net in the year swung to profit J$113.9 million or 13 cents per share compared to a loss of J$3.35 billion or J$3.93 per share in the year ago earlier.

Trinidad Cement Limited, the Trinidad-based cement producer reported revenue in the year ending in December jumped 19.8% to TT$1.94 billion from TT$1.62 billion in the same quarter last year. Net in the year swung to profit TT$67.3 million or 24 cents per share compared to a loss of TT$344.5 million or TT$1.19 per share in the year ago earlier.


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