August 30, 2022 Sygnus Credit Investments Limited In United States dollars (except where it is indicated otherwise): Sygnus Credit Investments Limited, for the year ended June 30, 2022, reported Interest Income of US$10.22 million, a 24% increase on the US$8.22 million recorded in 2021. For the quarter, Interest Income rose 15% to US$2.97 million (2021: US$2.60 million). While Interest
August 30, 2022 Minister of Tourism, Hon. Edmund Bartlett, says the sector is recovering at a faster than anticipated pace. “We projected that we would recover to 2019 levels by 2023/24. We had a mid-year review in Ocho Rios this past weekend and I am very pleased to tell you that, to date, we have
August 29, 2022 The Bahamas Prime Minister called for his fellow Caribbean leaders to “Make developed countries honor past pledges for climate assistance”, as they convened in the recent meeting of the Caribbean Community (CARICOM) in Nassau to discuss about climate change resiliency. In a speech, Bahamian PM Philip Davis said that small nations that
August 29, 2022 Weekly Picks 29.08.2022 LASF 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,
August 24, 2022 The Bank of Jamaica (BOJ) is projecting 2022/23 fiscal year growth to be within the range of 2.5 percent and 4.5 percent. Speaking at the BOJ’s digital quarterly media briefing on Friday, August 19 Governor, Richard Byles, says growth is also expected to range between one and three percent for 2023/24. Noting
August 23, 2022 According to Governor, Richard Byles, The Bank of Jamaica (BOJ) is encouraged by the declining out-turns recorded in the last three Consumer Price Index (CPI) reports. The Statistical Institute of Jamaica (STATIN) administers the CPI, which measures inflationary movements in commodity prices for consumers. Byles noted that having peaked at 11.8 percent
August 22, 2022 Weekly Picks 22.08.2022_ 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,
August 17, 2022 Jamaica Producers Group Limited (JP), for the six months ended June 30, 2022, experienced a 26% increase in revenue to total $14.39 billion compared to the $11.40 billion reported in 2021. The company posted second quarter revenue of $7.48 billion, a 26% increase on 2021’s $5.92 billion. The revenue for the Food
August 16, 2022 GENAC for the six months ended June 30, 2022, reported Gross premium written of $9.83 billion, 29% higher than the $7.64 billion reported for 2021. Reinsurance ceded rose 34% to close at $8.06 billion relative to $6.01 billion booked in 2021. Excess of loss reinsurance trended upwards by 26% to $130.35 million (2021:
September 30, 2022 Elite Diagnostic Limited (ELITE) for the year ended June 30, 2022 booked a 23% increase in revenue to total $624.22 million compared to $506.91 million in 2021. For the quarter, revenue increased 48% from $136.70 million booked June 2021 to $174.71 million for the period under review. Direct costs for the year increased 7%, closing
