16 05, 2022

JFP reports first quarter net profit of $34.91 million

2022-06-15T10:37:55-05:00

June 15, 2022 JFP Limited (JFP), for the three months ended March 31, 2022 recorded a 70% or $45.59 million increase in revenue from $64.90 million in 2021 to $110.28 million in Q1 of FY22. Cost of sales however reduced by 8% or $2.85 million to $33.01 million (2021: $35.86 million). Management noted that, “the sound

JFP reports first quarter net profit of $34.91 million2022-06-15T10:37:55-05:00
16 05, 2022

BIL reports 11% increase in six months net profit

2022-05-16T12:53:59-05:00

May 16, 2022 For the six months ended March 31, 2022, Barita Investments Limited (BIL) net interest income increased by 39% amounting to $1.03 billion relative to the $740.64 million for the comparable six months in 2021. Net interest income for the second quarter closed at $555.03 million (2021: $373.27 million). Dividend Income rose significantly to total $22.32 million compared to

BIL reports 11% increase in six months net profit2022-05-16T12:53:59-05:00
16 05, 2022

Featured Stock- JMMBGL

2022-05-16T10:19:03-05:00

May 16, 2022 Weekly Picks 16.05.2022_ 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- JMMBGL2022-05-16T10:19:03-05:00
16 05, 2022

ELITE reports nine months net profit of $34.90 million

2022-05-16T10:09:06-05:00

May 16, 2022 Elite Diagnostic Limited (ELITE) for the nine months ended March 31, 2022 booked a 23% increase in revenue to total $449.51 million compared to $365.56 million for the same period in 2021. Revenue for the third quarter rose by 24% to $160.97 million (2021: $129.47 million). Direct costs for the nine months increased 9%, closing

ELITE reports nine months net profit of $34.90 million2022-05-16T10:09:06-05:00
16 05, 2022

Overseas Headlines – May 16, 2022

2022-05-16T09:17:03-05:00

United States: Goldman’s Blankfein Says US at 'Very, Very High Risk' of Recession “Goldman Sachs Senior Chairman Lloyd Blankfein urged companies and consumers to gird for a US recession, saying it’s a “very, very high risk.”  “If I were running a big company, I would be very prepared for it,” Blankfein said on CBS’s “Face

Overseas Headlines – May 16, 20222022-05-16T09:17:03-05:00
14 05, 2022

Mayberry Investments Limited (MIL) Unaudited Financial Statements for the three Months ended March 31, 2022

2022-05-14T20:10:40-05:00

May 14, 2022 Click the link below to view Mayberry Investments Limited's (MIL) Unaudited Financial Statements for the three Months ended March 31, 2022. Mayberry Investments Limited (MIL) Unaudited Q1 2022 Financial Statements   Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however, its accuracy and completeness cannot

Mayberry Investments Limited (MIL) Unaudited Financial Statements for the three Months ended March 31, 20222022-05-14T20:10:40-05:00
13 05, 2022

PURITY reports first quarter net profit of $16.46 million

2022-05-16T10:19:22-05:00

May 13, 2022 Consolidated Bakeries (Jamaica) Limited (PURITY), for the three months ended March 31, 2022 recorded an $87.12 million increase in revenue from $290.96 million in 2021 to $378.08 million in Q1 of FY22. Cost of sales grew accordingly, rising by 32% to $231.49 million (2021: $175.59 million) A 30% growth in revenue led to

PURITY reports first quarter net profit of $16.46 million2022-05-16T10:19:22-05:00
13 05, 2022

SIL reports 35% decrease in first quarter net profit

2022-05-13T21:06:55-05:00

Sterling Investments Limited (SIL) for the three months ended March 31, 2022, reported a 55% decrease in total revenue to $36.59 million compared to $80.43 million recorded for the corresponding period in 2021. Interest income closed the period at $39.64 million, up 13% from the $35.13 million for the comparable period in 2021. Management noted, “The company is

SIL reports 35% decrease in first quarter net profit2022-05-13T21:06:55-05:00
13 05, 2022

138SL reports 7% decrease in six months net profit

2022-05-13T19:28:30-05:00

May 13, 2022 138SL’s income increase by 9% to $571.18 million relative to the $522.64 million recorded for the corresponding six months period the year prior. Other operating income decreased for the period under review, with a decline of 64% to $13.05 million relative to $35.97 million a year earlier.  Income for the quarter increased by 10%

138SL reports 7% decrease in six months net profit2022-05-13T19:28:30-05:00
13 05, 2022

SML reports 15% decrease in first quarter net profit

2022-05-13T19:25:50-05:00

 May 13, 2022 Stanley Motta Limited (SML), for the three months ended March 31, 2022 booked a 5% increase in revenue to total $126.02 million compared to $119.64 million for the same period in 2021. The Company mentioned that, “the increase is attributable to the depreciation of the Jamaican dollar which moved from an average of J$147.86:US$1

SML reports 15% decrease in first quarter net profit2022-05-13T19:25:50-05:00