May 15, 2024 The Consumer Price Index for All Urban Consumers (CPI-U) rose by 0.3 percent in April on a seasonally adjusted basis, following a 0.4 percent increase in March, according to the U.S. Bureau of Labor Statistics. Over the past 12 months, the all items index surged by 3.4 percent before seasonal adjustment. In
May 15, 2024 Sagicor Group Jamaica Limited (SJ) Unaudited financials for the first quarter ended March 31, 2024: Sagicor Group Jamaica Limited (SJ) for the first quarter ended March 31, 2024, reported a 14% increase in insurance revenue totaling $12.51 billion compared to $10.98 billion in the corresponding three months last year. Insurance service expenses
May 15, 2024 The Consolidated Bakeries (Jamaica) Limited (PURITY) for the first quarter ended March 31, 2024, reported a 15% increase in revenue totalling $525.07 million compared to $457.99 million in the corresponding three months last year. Cost of Sales amounted to $325.33 million (2023: $285.52 million), this represents an increase of 14% year over
May 15, 2024 United States: US Core CPI Cools for First Time in Six Months in Relief for Fed A measure of underlying US inflation cooled in April for the first time in six months, a small step in the right direction for Federal Reserve officials looking to start cutting interest rates this year. The
May 14, 2024 Key Insurance Company Limited (KEY) Unaudited financials for the first quarter ended March 31, 2024: Key Insurance Company Limited (KEY) for the first quarter ended March 31, 2024, reported a 19% increase in Insurance Revenue totalling $697.51 million compared to $585.01 million in the corresponding three months last year. Insurance Services Expense
May 14, 2024 Cargo Handlers Limited(CHL) Unaudited financials for the six months ended March 31, 2024: Cargo Handlers Limited (CHL) for the six months ended March 31, 2024, reported a 5% decrease in Revenue totalling $272.78 million compared to $287.94 million in the corresponding period last year. Revenue for the second quarter had a
May 14, 2024 Regency Petroleum Limited (RPL) Unaudited financials for the first quarter ended March 31, 2024: Regency Petroleum Limited (RPL) for the first quarter ended March 31, 2024, reported a 121% increase in gross operating revenue totaling $404.68 million compared to $183.48 million in the corresponding three months last year. Cost of Sales amounted
May 14, 2024 Sterling Investments Limited (SIL) for the first quarter ended March 31, 2024, reported a 4% increase in interest income totalling $37.43 million compared to $35.97 million in the corresponding three months last year. Management noted, “This was the result of the acquisition of new assets with higher interest rates.” Foreign exchange loss
May 14, 2024 Figures are quoted in United States dollars (except where it is indicated otherwise): Transjamaican Highway Limited (TJH), for the first quarter ended March 31, 2024, reported a 10% increase in Revenue to US$19.78 million relative to US$17.99 million in the corresponding period last year. Other Gains and Losses amounted to US$1.23 million
May 14, 2024 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for May 13, 2024, was J$13.50. MJE’s closing price on May 13, 2024 was $10.54. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification - The views expressed in this research report
