Monday, January 22, 2018

NCBFG improves, JMMBGL lower*

This week, we at Bourse review the performance and provide an outlook on two cross-listed stocks: JMMB Group Limited (JMMBGL) for the six-month period ended September 2017 and NCB Financial Group Ltd (NCBFG) for its financial year ended September 2017.
JMMBGL reported Earnings per Share of $0.05 for the six-month ended September 30th 2017, a 16.9 per cent decline over the prior year, driven in large part by a sharp increase in operating expenses, despite some growth in revenues. 

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