Monthly Archive
GK Group Presence Strengthens in the North Coast
Sun, 2008-05-25 14:00The GraceKennedy (GK) presence in North Coast tourism region of Jamaica was strengthened recently with the addition of the Agro Grace brand in Ocho Rios. The Hardware & Lumber subsidiary, and the sixth branch islandwide, began serving the agriculture and horticulture sectors on February 4, 2008 joining GK Group members Hi-Lo Foods, Rapid True Value and Grace Kennedy Remittance Services in the potentially lucrative tourism area.
Courtney Campbell Appointed CEO, First Global Holdings Ltd.
Sun, 2008-05-25 14:00It gives me great pleasure to announce that Courtney Campbell, a career banker with over 20 years experience in the financial services industry will be joining GraceKennedy effective July 21, 2008 in the newly created post of Chief Executive Officer of First Global Holdings Limited.
First Global Holdings Limited is the GraceKennedy company which oversees First Global Bank (FGB) Ltd., First Global Financial Services (FGFS) Ltd.; and our investment in Signia Financial Group Inc. in Barbados and One1 Financial Ltd. in Trinidad.
GraceKennedy Revenues, Profits up in First Quarter 2008
Mon, 2008-05-12 14:00GraceKennedy Limited reported a 30.4% increase in revenues over 2007 in its interim report to stockholders for the quarter ended March 31, 2008. Revenues for the period were $13,779.4 million, compared with $10,568.9 million for the corresponding period in 2007. The Net Profit Attributable to Equity holders of the Company increased by $42.1 million over the corresponding period of 2007, moving from $594.6 million to $636.7 million, an increase of 7.1%. This represents earnings per stock unit of $1.95 (2007: $1.83).