jamaica-gleaner.com

The Jamaica-based Gleaner Company Ltd the oldest operating newspaper in the Caribbean, held its Annual General Meeting last week and reported to shareholders and analysts what they called their worst financial results in the company’s 175 year history, posting “a dramatic loss of JMD$444.69mm for 2008, coming from a profit of JMD$98.2mm in 2007.” This information we secured from the Equity Research Company Update a report done by the stock brokerage form Stocks & Securities Ltd dated June 12, 2009 which had as its headline: The Gleaner Company Ltd (GLNR) Looks to Increase Market Share with Online Medium.

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