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Barbados BSE 1000 Index656.560.00 0.00 1.98 2.13 2.82 1.37
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Caribbean Market Update

GLNR, CHL Net Soar; PJAM, RJR, JMMB Net Plung

Author: Mukesh Buch
Islandjournal.net
Last Update: 9:08 AM ET November 15 2014


The Gleaner Company Limited, the Jamaica-based print media company stated revenue in the third-quarter ending in September was flat at J$813.6 million from J$813.5 million a year ago period.

Net income in the quarter soared 271.5% from a year ago period to J$16.2 million or J$1.33 per share compared to J$4.36 million or 36 cents.

Cargo Handlers Limited, the Jamaica-based port handling services provider stated revenue in the year ending September soared 39.2% to J$219.2 million from J$157.5 million a year earlier.

Net profit in the year jumped 55% from a year ago to J$131.6 million or J$3.51 per share compared to J$84.9 million or $2.27 per share in the year ago.

Pan-Jamaican Investment Trust Limited, the Jamaica-based investment company reported revenue in the third-quarter ending in September dropped 11.5% to J$466 million from J$526.5 million in the same quarter last year.

Net income in the quarter plunged 35.1% to J$404.5 million or J$1.93 per share compared to J$623.3 million or J$2.88 per share in the year ago earlier.

Radio Jamaica Limited, the Jamaica-based broadcasting company reported revenue in the second-quarter ending in September increased 4% to J$476.8 million from J$457.7 million in the same year last year.

Net profit in the quarter tumbled 28.7% from a year ago period to J$9.2 million or 3 cents per share compared to J$12.9 million or 4 cents per share in the year ago earlier.

Jamaica Money Market Brokers Limited, the Jamaica-based financial broker reported net interest income in the second-quarter ending in March climbed 14.6% to J$1.41 billion from J$1.23 billion a year earlier.

Net profit in the quarter declined 11% from a year ago period to J$684.9 million or 40 cents per share compared to J$769.6 million or 43 cents per share in the year ago.


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