March 1, 2024 Sagicor Group Jamaica Limited (SJ) for the year ended December 31, 2023, reported a 15% increase in Insurance revenue totaling $46.82 billion compared to $40.67 billion in the corresponding period last year. Insurance revenue for the fourth quarter had a 7% increase to close at $12.44 billion compared to $11.63 billion for
March 1, 2024 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for February 28, 2024, was J$14.87. MJE’s closing price on February 28, 2024 was $10.89. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification - The views expressed in this research
March 1, 2024 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for February 27, 2024, was J$14.06. MJE’s closing price on February 27, 2024 was $10.01. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification - The views expressed in this research
March 1, 2024 Sterling Investments Limited (SIL) for the year ended December 31, 2023, reported a 1% decrease in Interest Income totaling $146.47 million compared to $148.18 million in the corresponding period last year. Interest Income for the fourth quarter had a 2% increase to close at $37.03 million compared to $36.22 million for
March 1, 2024 GraceKennedy Group Ltd (GK) for the year ended December 31, 2023, reported a 9% increase in Revenues totaling $155.00 billion compared to $141.61 billion in the corresponding period last year. Revenues for the fourth quarter had a 9% increase to close at $37.19 billion compared to $34.17 billion for the comparable quarter
March 1, 2024 Caribbean Flavours and Fragrances Limited (CFF) for the year ended December 31, 2023, reported a 17% increase in revenue totalling $900.81 million compared to $772.23 million in the corresponding period last year. Revenue for the fourth quarter had an 11% increase to close at $232.54 million compared to $210.29 million for
March 1, 2024 One Great Studio Company Limited (1GS) for the year ended December 31, 2023, reported a 93% increase in Revenue totaling $461.05 million compared to $238.93 million in the corresponding period last year. Management noted, “This was primarily driven by the full-year integration of our SEO business line. Notably, no more than 7%
March 1, 2024 Berger Paints Jamaica Limited (BRG) for the year ended December 31, 2023, reported a 2% increase in Turnover totaling $3.36 billion compared to $3.30 billion in the corresponding period last year. Turnover for the fourth quarter had a 1% increase to close at $1.13 billion compared to $1.11 billion for the comparable
March 1, 2024 United States: Apollo’s Torsten Slok Says Fed Will Not Cut Rates in 2024 Apollo Management Chief Economist Torsten Slok said that a re-accelerating US economy, coupled with a rise in underlying inflation, will prevent the Federal Reserve from cutting interest rates in 2024. “The bottom line is that the Fed will
February 29, 2024 Caribbean Cream Limited (Kremi) Unaudited financials for the nine months ended November 30, 2023: Caribbean Cream Limited (Kremi) for the nine months ended November 30, 2023, reported a 3% increase in Revenue totalling $1.88 billion compared to $1.83 billion in the corresponding period last year. Revenue for the third quarter had a
