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Caribbean Market Update

Sagicor Group Jamaica Profit Declines

Author: Mukesh Buch
Islandjournal.net
Last Update: 8:38 AM ET November 08 2014


Sagicor Group Jamaica Limited, the Jamaica-based financial service provider reported total revenue in the third-quarter ending in September declined 18.8% to J$11.15 billion from J$13.73 billion in the same year last year.

Net income in the quarter plunged 30.8% from a year ago to J$1.08 billion or 28 cents per share compared to J$1.56 billion or 40 cents per share.


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