Express Catering Limited, which operates various food franchises at Sangster International Airport, tripled its annual profit even without much help from the latest addition to its portfolio, that of Starbucks coffee.Express Catering has "...
Total revenues at Jamaica's largest airport, Sangster International, increased six per cent to US$52 million over six months to June, based on an analysis of disclosures by controlling partner Grupo Aeroportuario del Pacifico (GAP). The intake...
Brokerage firm Mayberry Investments Limited reported quarterly profit after tax for June that was 63 times better than the comparative results for the prior year, due in part to restructuring of the company to book unrealised gains on the stocks it...
Ice cream maker Caribbean Cream Limited, which trades as Kremi, reported improved results for its first quarter ending May 2018, a period in which it also made a large investment in fixed assets, but did not disclose how the capital was deployed.The...
Pharmaceutical distributor Indies Pharma Jamaica Limited has launched a new division that sells supplements.The company will brand the line as Nature's Soul."It is a new division, a herbal division, which is a market that the world is going after -...
The revived Stanley Motta Limited, developer of the 58 HWT technology park in Kingston, had no substantial income before last year when it reported rental income of $72 million.The company, however, reported a large profit of $853 million, nearly...
C2W Music Limited, the start-up music publishing company that has racked up deficits more than hits, will outline the details of its rescue plan at an extraordinary general meeting scheduled for June 27.It will involve an unnamed outside entity...
Angella Rainford, a partner in Eight Rivers Energy Company, said she secured US$50 million in financing this month for Jamaica's largest solar plant.The loans were acquired through foreign institutions as local banks were unable to offer a...
Ivan Berry and Derek Wilke, two directors and primary shareholders of loss-making C2W Music Limited, will resign from the board but are not expected to walk away from the company, under the terms of a rescue plan that is still to be approved by...
Ganja company Marigold Projects Jamaica Limited is signing on as a sponsor of the Peter Tosh museum at the Pulse commercial complex, and will also open a herb house at that venue.Marigold's herb house is expected to be operational by July, sources...
J. Wray & Nephew Limited (JWN) forecasts that it can save about US$1 million or J$125 million a year by running its rum distillery at New Yarmouth Estate in Clarendon on liquefied natural gas...
PanJam Investment Limited, a property and investment conglomerate, will facilitate the entry of large virtual office company, Regus Limited, to New Kingston by summer.The company will operate from a floor within the PanJam building at Knutsford...
Main Event Entertainment Group Limited created a new division called M-Style that will provide seating and equipment for events, including weddings, conferences and birthdays."Wouldn't you agree that the wedding market is significant?" said Main...
PanJam Investment Limited has taken a 20 per cent stake in Term Finance Jamaica Limited, the local subsidiary of a regional microfinancing outfit that entered Jamaica last September.The terms of the transaction between PanJam and Term Finance...
Drinks company Desnoes & Geddes Limited, which trades as Red Stripe Jamaica, is weighing plans to brew a non-alcohol version of Heineken in this market...
The Jamaica Stock Exchange Limited has appointed Andrea Kelly as general manager of the Jamaica Central Securities Depository Limited and its subsidiary JCSD Trustee Services Limited (JCSD) , effective April 2, 2018...
Stakeholders will need to wait at least another month to know whether the takeover offer by NCB Financial Group for Guardian Holdings Limited (GHL) of Trinidad will be finalised or reset."We are committed to participating in the hearing and...
Balram Vaswani plans to open the first of a series of Kaya Inc ganja stores in St Ann by March 10.The businessman and chairman of Kaya reaped the first legal harvest for sale last week in the presence of the Cannabis Licensing Authority. This...
GWest Corporation Limited blamed debt repayment and the cost of taking the company public for the $48.3 million net loss in the third quarter ending December.The loss eroded profit of $65.8 million made by the Montego Bay-based company in the...
AMG Packaging & Paper Company Limited will use this year to strengthen its core box-making operation, following losses from a short-lived foray into toilet paper, and is already looking ahead to 2019 as the year of business growth...
The deal for financial outfit Eppley Limited to manage a real estate fund in Barbados still requires regulatory approval, but is expected to triple Jamaican company's asset management portfolio.Eppley is buying the unlisted common shares of Fortress...
