March 3, 2022 Everything Fresh (EFRESH) for the twelve-months ended December 31, 2021, reported total revenues of $1.61 billion, a 54% increase from the $1.05 million reported for the prior period in 2020. For the quarter, revenue totalled $535.29 million compared to $258.97 million reported for 2020’s corresponding quarter. Cost of Sales for the period
March 3, 2022 Jamaica Stock Exchange Limited (JSE), for the year ended December 31, 2021 recorded Total Income of $1.93 billion, a 13% increase when compared to the $1.71 billion reported on December 31, 2020. Of this: Cess Income grew by 24% to $469.47 million relative to $380.02 million in 2020. Fee Income rose by 10%
March 3, 2022 Sagicor Real Estate XFUND Limited (XFUND), for the year ending December 31, 2021, reported total revenue of $5.79 billion relative to the $2.58 billion reported in 2020, a 125% increase year over year. XFUND’s Board of Directors stated, ‘Sagicor Real Estate XFund continued to show improvement in its financial performance, consistent with
March 3, 2022 First Rock Capital Holdings Limited (FIRSTROCK) has advised that at a meeting of the Board of Directors on February 23, 2022, a resolution was passed by the Board to execute an open market share buyback programme of the Company’s ordinary shares, not to exceed 10% of the Company’s capital. This exercise is
March 3, 2022 Sygnus Credit Investments Limited (SCI) has advised that through its subsidiary, SCI Puerto Rico Inc., it has completed the acquisition of 93.66% of the shares in Acrecent Financial Corporation (“AFC”) effective February 28, 2022. Management will retain 6.34% stake in the company. The purchase price paid for the shares was US$21,223,591. Disclaimer:
March 3, 2022 Jamaican Teas Limited (JAMT) has advised that at its Annual General Meeting held on October 27, 2021, Duncan Rory Davidson retired by rotation and did not offer himself for re-election. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about
March 3, 2022 Massy Holdings Ltd. (MASSY) has advised that at an Annual Meeting of the Company’s shareholders held on January 21, 2022, the shareholders approved the recommendation of the Board of Directors, to subdivide each of the Ordinary Shares in the capital of the Company into twenty (20) Ordinary shares of no par value,
March 3, 2022 Salada Foods Jamaica Limited (SALF) has advised that Mr. Zayous Hamilton has been appointed Financial Controller effective March 1, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of
March 3, 2022 Key Insurance Company Limited (KEY) has advised that Ms. Rochelle Cameron has been appointed “Senior Independent Director”, in accordance with the provisions of the Company’s Corporate Governance Code which was approved by the Company’s Board of Directors on February 25, 2022 Disclaimer: Analyst Certification -The views expressed in this research report accurately
March 3, 2022 Elite Diagnostic Limited (ELITE) has advised that a connected party sold a total of 138,345 ELITE shares during the period February 24 to 28, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities
