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16 05, 2022

CPFV reports six months net profit attributable to shareholders of BB$4.03 million


May 16, 2022 Reported in Barbados Dollars unless otherwise indicated: Eppley Caribbean Property Fund Limited (CPFV), for the six months ended March 31, 2022 reported net rental income of $2.26 million (2021: $1.90 million), a 19% increase year over year. In addition, share of profit of investments accounted for using the equity method increased from $864,320 in 2021 to

16 05, 2022

JFP reports first quarter net profit of $34.91 million


May 16, 2022 JFP Limited (JFP), for the three months ended March 31, 2022 recorded a 70% or $45.59 million increase in revenue from $64.90 million in 2021 to $110.28 million in Q1 of FY22. Cost of sales however reduced by 8% or $2.85 million to $33.01 million (2021: $35.86 million). JFP management noted, “the sound

16 05, 2022

Overseas Headlines – May 16, 2022


United States: Goldman’s Blankfein Says US at 'Very, Very High Risk' of Recession “Goldman Sachs Senior Chairman Lloyd Blankfein urged companies and consumers to gird for a US recession, saying it’s a “very, very high risk.”  “If I were running a big company, I would be very prepared for it,” Blankfein said on CBS’s “Face

13 05, 2022

SIL reports 35% decrease in first quarter net profit


Sterling Investments Limited (SIL) for the three months ended March 31, 2022, reported a 55% decrease in total revenue to $36.59 million compared to $80.43 million recorded for the corresponding period in 2021. Interest income closed the period at $39.64 million, up 13% from the $35.13 million for the comparable period in 2021. Management noted, “The company is

13 05, 2022

Daily Market Summary – May 13, 2022


Mayberry Market Summary - 13.5.2022   DISCLAIMER Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed

13 05, 2022

Gas Price Movement – May 12, 2022


Gas Price Movement - May 12 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 this report. Each research analyst (s) also certify that no part of their compensation was, is, or

13 05, 2022

JSE reports 83% increase in first quarter net profit


May 13, 2022 Jamaica Stock Exchange Group (JSE) for the first three months ended March 31, 2022 recorded total revenue of $561.71 million, a 37% increase when compared to the $410.44 million booked the prior comparable quarter. Of this: Cess income increase by 158% from $50.27 million booked for the period ended March 2021 to

13 05, 2022

Overseas Headlines – May 13, 2022


United States: US Recession Odds Within the Next Year Now 30%, Survey Shows The odds of a US recession within the next year are steadily rising. The probability of a recession over the next 12 months is now 30%, the highest since 2020, according to the latest Bloomberg monthly survey of economists. That’s up slightly

12 05, 2022

GK reports 5% increase in three months net profits attributable to shareholders


May 12, 2022 GraceKennedy Limited (GK) recorded revenues of $36.26 billion for the period under review (2021: $31.39 billion), a year over year increase of 15%. Of this, revenue from products and services amounted to $35.06 billion (2021: $30.28 billion), while interest revenue totalled $1.19 billion (2021: $1.11 billion). Segment report is as follows: The Food

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