May 11, 2021 Jamaican Teas Limited (JAMT) reported a 35% increase in revenues to total $1.22 billion (2020: $906.17 million). For the quarter, revenues amounted to $608.55 million a 29% increase when compared to $473.27 million in the previous corresponding period. Management stated that, “Sales at our supermarket decreased by 11 percent.This was a direct
May 11, 2021 Figures are quoted in United States dollars (except where it is indicated otherwise): Transjamaican Highway Limited (TJH), for the three months ended March 31, 2021, reported a 5% decline in revenue which totalled US$12.28 million, relative to US$12.96 million in the corresponding quarter last year. TJH noted that, “This decrease is as
May 11, 2021 The province of Cienfuegos will incorporate 14 new exportable items this year, despite the limitations caused by the COVID-19 pandemic and the tightening of the US blockade against Cuba. Maria Elena Alejo Arguiñao, head of the foreign trade, foreign investment and international economic cooperation department of the provincial government, told the Cuban
May 10, 2021 Jamaica’s Net International Reserves (NIR) totalled US$3,317.98 million as at April 2021, reflecting a decline of US$1.34 million relative to the US$3,319.33 million reported at the end of March 2021 (see figure 1). Foreign Assets totalled US$4,252.04 million, US$8.51 million more than the US$4,243.53 million reported for March 2021. ‘Currency & Deposits’
May 10, 2021 Cargo Handlers Limited (CHL), for the six months ended March 31, 2021, posted revenue totaling $148.81 million versus $191.37 million booked in 2020. Revenue for the quarter contracted 36% to $67.10 million versus $104.26 million booked for the same quarter of 2020. No cost of sales was reported for the period, in
May 10, 2021 Costa Rica will press ahead with its structural fiscal reforms program aimed at boosting fiscal management efficiency and equity and promoting sustainable economic recovery with two loans totaling $500 million approved by the Inter-American Development Bank (IDB). The operations will provide budget support to the country and support policy reforms to ensure fiscal sustainability
May 10, 2021 Weekly Picks 10.05.2021 WIG 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,
May 5, 2021 Seprod Limited (SEP), for the three months ended March 31, 2021, posted revenue totalling $9.58 billion compared to $9.14 billion recorded for the same period of the prior financial year, representing a 5% increase year over year. The Manufacturing Division recorded a 1% increase in revenue to close at $5.24 billion (2020:
May 4, 2021 Government Operations Results for March 2021 For the period of April 2020 to March 2021, the GOJ reported Total Revenues & Grants of $575.36 billion, $1.14 billion less than the Government’s projection. This represented a decrease of approximately 12% relative to the $649.76 billion recorded for the corresponding period in 2020. ‘Capital
May 03, 2021 Weekly Picks 03.05.21 CCC 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,
