Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


July 02, 2015 8:11 PM ET

Hotels, Restaurants and Leisure

Company Overview of Supreme Ventures Limited

Company Overview

Supreme Ventures Limited, together with its subsidiaries, is engaged in lottery and gaming operations in Jamaica. It provides video lottery terminal (VLT) games at gaming lounges; operates video gaming lounges; and promotes betting on international sporting events, as well as distributes electronic PIN codes from its lottery terminals. The company has strategic partnerships with GTECH Corporation for lottery gaming; INTRALOT S.A. for sports betting and a VLT monitoring system; and Global Draw for the VLT route system. Supreme Ventures Limited was founded in 1995 and is based in Kingston, Jamaica.

R Danny Williams Building

4th Floor

28-48 Barbados Avenue

Kingston,  5

Jamaica

Founded in 1995

Phone:

876-754-6526

Fax:

876-754-2143

Key Executives for Supreme Ventures Limited

Supreme Ventures Limited does not have any Key Executives recorded.

Supreme Ventures Limited Key Developments

Supreme Ventures Limited Declares Interim and Special Dividend, Payable on May 27, 2015; Reports Unaudited Group Earnings Results for the Three Months Ended March 31, 2015

Supreme Ventures Limited announced that its board of directors approved the payment of an interim dividend of $0.14 to shareholders on record as at May 14, 2015. The distribution will be made on May 27, 2015. Shareholders will also receive on May 27, 2015, the balance of $0.04 from the special dividend of $0.23 that was declared on March 2, 2015. $0.19 of this special dividend was distributed on March 20, 2015. The company reported unaudited group earnings results for the three months ended March 31, 2015. For the quarter, the company's revenue was JMD 11,774,660,000 compared to JMD 10,273,972,000 a year ago. Profit from operations was JMD 534,071,000 compared to JMD 461,108,000 a year ago. Profit before taxation was JMD 555,366,000 compared to JMD 473,478,000 a year ago. Profit for the period/year, being total comprehensive income was JMD 405,169,000 compared to JMD 338,085,000 a year ago. The increase in net profit after tax was primarily attributable to a steady growth in lottery revenues for the more popular games and the positive contribution of the two newest games to the portfolio, Money Time and Top Draw. Basic and diluted earnings per stock unit were 15.36 cents compared to 12.82 cents a year ago. Cash provided by operating activities was JMD 400,230,000 compared to JMD 141,028,000 a year ago. Acquisition of property and equipment was JMD 9,745,000 compared to JMD 16,002,000 a year ago. Acquisition of intangible assets was JMD 1,160,000.

Supreme Ventures Limited Reports Audited Earnings Results for the Year Ended December 31, 2014

Supreme Ventures Limited reported audited earnings results for the year ended December 31, 2014. For the year, the company reported EBITDA of JMD 1,414,415,000 against JMD 944,843,000 a year ago. Capital expenditure was JMD 105,865,000 against JMD 226,259,000 a year ago. Return on equity was 22.99% compared to 13.25% a year ago. Return on assets was 15.76% compared to 9.06% a year ago. Book value per stock was JMD 1.53 compared to JMD 1.38 a year ago.

Supreme Ventures Limited, Annual General Meeting, May 28, 2015

Supreme Ventures Limited, Annual General Meeting, May 28, 2015., at 10:00 US Eastern Standard Time. Location: The Knutsford Court Hotel.

Similar Private Companies By Industry

Company Name Region
Dolphin Cove Limited Americas
K.L.E. Group Limited Americas
Hilton Rose Hall Resort & Spa Americas
Memories White Sands Beach Resort & Spa Americas
The Holiday Inn SunSpree Resort Americas

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Supreme Ventures Limited, please visit www.supremeventures.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.