February 16, 2024 Productive Business Solutions Limited (PBS) for the year ended December 31, 2023, reported a 7% increase in revenue totalling US$333.33 million compared to US$312.00 million in the corresponding period last year. Direct expenses amounted to US$225.66 million (2022: $214.18 million), this represents an increase of 5% year over year. Consequently, gross
February 16, 2024 The Statistical Institute of Jamaica (STATIN) reported that for January 2024, the point-to-point inflation rate was +7.4%; 0.5 percentage points higher than the prior point-to-point inflation rate. However, for the month of January 2024, the inflation rate was -0.1%. The main driver of the monthly decrease (0.1%) was a 0.7% decline
February 16, 2024 Seprod Limited (SEP) for the year ended December 31, 2023, reported a 44% increase in turnover totalling $113.04 billion compared to $78.43 billion in the corresponding period last year. Turnover for the fourth quarter had a 9% increase to close at $30.84 billion compared to $28.23 billion for the comparable quarter
February 16, 2024 United States: Fed’s Bostic Says May Take ‘Some Time’ to Hit Rate-Cut Threshold Federal Reserve Bank of Atlanta President Raphael Bostic said there’s no rush to cut interest rates with the US labor market and economy still strong, and cautioned it’s not yet clear that inflation is heading sustainably to the
February 15, 2024 Salada Foods Jamaica Ltd. (SALF) for the first quarter ended December 31, 2023, reported a 2% increase in turnover totalling $299.89 million compared to $294.04 million in the corresponding three months last year. Cost of sales amounted to $208.18 million (2022: $200.56 million), this represents an increase of 4% year over
February 15, 2024 Gas Price Movement - February 15, 2024 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 this report. Each research analyst (s) also certify that no
February 15, 2024 Honey Bun Limited (HONBUN) for the first quarter ended December 31, 2023, reported a 15% increase in revenue totalling $941.63 million compared to $817.40 million in the corresponding three months last year. Cost of sales amounted to $506.35 million (2022: $459.77 million), this represents an increase of 10% year over year.
February 15, 2024 138 Student Living Ltd. (138SL) for the first quarter ended December 31, 2023, reported a 3% increase in income totalling $351.41 million compared to $341.07 million in the corresponding three months last year. Other operating income amounted to $26.79 million (2022: $5.29 million), this represents an increase of 407% year over
February 15, 2024 Medical Disposables and Supplies Limited (MDS) for the nine months ended December 31, 2023, reported a 3% decrease in revenue totalling $2.69 billion compared to $2.76 billion in the corresponding period last year. Revenue for the third quarter had a 4% decrease to close at $900.47 million compared to $940.54 million
February 15, 2024 United States: US Futures Rise, Yields Fall After Retail Sales: Markets Wrap Stock futures rose and bond yields fell after a slowdown in retail sales bolstered the case for the Federal Reserve to cut interest rates this year. S&P 500 contracts signaled the US equity benchmark will extend its February gains.
