July 28, 2022 Paramount Trading (Jamaica) Limited recorded a 19% increase in total revenues to $1.72 billion from $1.44 billion reported in 2021. For the quarter, revenues amounted to $482.49 million (2021: $421.75 million). Direct expenses closed the period at $1.15 billion relative to the $983.20 million booked a year ago. As such, gross profit rose
July 28, 2022 Inflation remains a major concern as the world’s three largest economies are halting, with important consequences for the global outlook. The global economy, still reeling from the pandemic and Russia’s invasion of Ukraine, is facing an increasingly gloomy and uncertain outlook. Many of the downside risks flagged in the IMF’s April World
July 25, 2022 Weekly Picks 25.07.2022_ 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,
July 21, 2022 The Lumber Depot Limited (LUMBER), for the year ended April 30, 2022, reported revenue of $1.57 billion, an increase of 10% year over year (2021: $1.43 billion). Revenue for the quarter totalled $413.69 million (2021: $$410.39 million). Management noted, “Lumber Depot had a strong year. Our strategy is to consistently offer competitive prices on our products and
July 21, 2022 Monthly Economic Review - June 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
July 18, 2022 Inflation has been accelerating since the reopening of economies around the world from COVID lockdowns. It’s causing an inflationary shock that is stretching longer than expected, fueled by persistent supply chain disruptions and the war in Ukraine. The good news is that the inflation picture should become better. Supply chains are showing
July 18, 2022 Weekly Picks 18.07.2022 JBG 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,
July 15, 2022 The Statistical Institute of Jamaica (STATIN) reported that the unemployment rate for April 2022 was 6.0 per cent compared to 9.0 per cent for the same quarter of 2021, the lowest unemployment rate in Jamaica's history. This was 3.0 percentage points lower than the same quarter of the previous year. The male
July 11, 2022 Weekly Picks 11.07.2022_ 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,
