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15 02, 2022

PBS reports year end net profit attributable to shareholders of US$6.07 million

2022-02-15T13:44:29-05:00

February 15, 2022 Productive Business Solutions Limited (PBS) for the year ended December 31, 2021, reported a 37% increase in revenues from US$161.86 million in 2020 to US$221.92 million in 2021. For the quarter, revenues increased 53% to total US$76.46 million relative to US$49.89 million the prior corresponding quarter. PBS noted, “This year PBS solidified its position as the

PBS reports year end net profit attributable to shareholders of US$6.07 million2022-02-15T13:44:29-05:00
15 02, 2022

Sygnus reports 95% increase in six months net profit

2022-02-15T10:08:35-05:00

February 15, 2022 In United States dollars (except where it is indicated otherwise): Sygnus Credit Investments Limited, for the six months ended December 31, 2021, reported Interest Income of US$4.70 million 31% increase on the US$3.60 million recorded in 2020. For the quarter, Interest Income rose 29% to US$2.46 million (2020: US$1.90 million). Interest expense

Sygnus reports 95% increase in six months net profit2022-02-15T10:08:35-05:00
14 02, 2022

GENAC reports 78% increase in year end net profits attributable to shareholders

2022-02-14T21:17:54-05:00

February 14, 2022 General Accident Insurance Company Limited (GENAC), for the year ended December 31, 2021 reported gross premium written of $13.96 billion, 16% higher than the $12.05 billion reported for 2020. Reinsurance ceded also rose by 16% to close at $10.48 billion relative to $9.07 billion booked in 2020. Excess of loss reinsurance trended

GENAC reports 78% increase in year end net profits attributable to shareholders2022-02-14T21:17:54-05:00
14 02, 2022

MDS reports 517% increase in nine months net profit

2022-02-14T19:23:53-05:00

February 14, 2022 Medical Disposables & Supplies Limited, for the nine months ended December 31, 2021 reported Revenue amounting $2.49 billion, an increase of 41%, relative to $1.77 billion booked the previous year. For the third quarter revenues totaled $874.63 million up 40% year over year (2020: $626.08 million). MDS noted, “This increase in sales

MDS reports 517% increase in nine months net profit2022-02-14T19:23:53-05:00
14 02, 2022

HONBUN reports 31% increase in three months net profit

2022-02-14T10:20:17-05:00

February 14, 2022 Honey Bun (1982) Limited (HONBUN) for the three months ended December 31, 2021 booked a 44% increase in revenue to $664.70 million, up from $461.32 million reported twelve months earlier. HONBUN noted, “Our Shorty Bread products have continued to be well received by our customers and significantly contributed to sales increase.” The Company’s

HONBUN reports 31% increase in three months net profit2022-02-14T10:20:17-05:00
14 02, 2022

Featured Stock- JMMBGL

2022-02-14T08:57:00-05:00

February 14, 2022 Weekly Picks 14.02.2022 JMMBGL 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,

Featured Stock- JMMBGL2022-02-14T08:57:00-05:00
11 02, 2022

Jamaica is well-positioned as a destination for strong tourism recovery

2022-02-11T14:57:19-05:00

February 11, 2022 After almost two years of the pandemic, destinations are wary of making guarantees, and with good reason. But growing numbers of visitors and a sense that COVID-19 is moving from pandemic status, to endemic, has many Caribbean islands hopeful for the months to come. While 2022 will likely shape up to be

Jamaica is well-positioned as a destination for strong tourism recovery2022-02-11T14:57:19-05:00
11 02, 2022

TROPICAL reports 198% increase in three months net profit

2022-02-11T16:40:34-05:00

February 11, 2022 Tropical Battery Company Limited (TROPICAL) for the year ended December 31, 2021 recorded revenue in the amount of $661.94 million (2020: $450.99 million), 47% increase when compared to 2020. TROPICAL noted, “This increase of $211 million was achieved through an increase in balanced inventory arrivals, and a tremendous effort on the part

TROPICAL reports 198% increase in three months net profit2022-02-11T16:40:34-05:00
10 02, 2022

JAMT reports Q1 net profit attributable to shareholders of $113.63 million

2022-02-10T18:09:24-05:00

February 10, 2022 Jamaican Teas Limited (JAMT) reported a 2% decline in revenues to total $596.10 million (2020: $610.56 million). JAMT stated, “Our first quarter results were modestly down from the prior year. Sales improved in all the divisions except the Real Estate division. Sales in the local manufacturing division rose 19.5 percent but export

JAMT reports Q1 net profit attributable to shareholders of $113.63 million2022-02-10T18:09:24-05:00
9 02, 2022

LASD reports 6% increase in nine months net profit

2022-02-09T18:06:06-05:00

February 9, 2022 Lasco Distributors Limited (LASD), for the nine months ended December 31, 2021, posted 14% growth in revenue to $17.37 billion, up from $15.23 billion in the corresponding period in 2020. For the quarter, revenue rose by 12% closing at $5.79 billion (2020: $5.17 billion). The Company highlighted, “While the company focuses on

LASD reports 6% increase in nine months net profit2022-02-09T18:06:06-05:00