Advertisement

Proven Investments records double digit increase in profit

Proven Investments recorded a double digit increase in profit during its financial year ended March 31.
 
Net profit amounted to US$6.97 million which was a 22.6 per cent increase from the US$5.68 million earned in the same period last year. 
 
Proven Investments says net revenue for the year experienced a 4.3 per cent increase to US$37.7 million.
 
That was mainly due to an improvement in Fees and Commission, Pension Management Income and Net Foreign Exchange Gains.  


comments powered by Disqus
Most Popular
Jamaica granted US authorities waiver to...
Manhunt underway for serial rapist in...
Man murdered in Clarendon