February 14, 2022 Medical Disposables & Supplies Limited, for the nine months ended December 31, 2021 reported Revenue amounting $2.49 billion, an increase of 41%, relative to $1.77 billion booked the previous year. For the third quarter revenues totaled $874.63 million up 40% year over year (2020: $626.08 million). MDS noted, “This increase in sales
February 14, 2022 GraceKennedy Limited (GK) has advised that GK Capital Management Limited (GK Capital) has received approval from the Financial Services Commission (FSC) to enter the Collective Investment Schemes (CIS) market in Jamaica. This approval will allow GK Capital to offer mutual fund products through a newly incorporated entity, GK Mutual Funds Limited (GK
February 14, 2022 JMMB Group Limited (JMMBGL) for the nine months ended December 31, 2021 recorded net interest income of $8.98 billion, an 18% increase when compared with $7.58 billion recorded for the corresponding period in 2020. Interest expenses increased 26% to total $11.68 billion relative to the $9.24 billion recorded for the same period in 2020. Net
February 14, 2022 Elite Diagnostic Limited booked a 22% increase in revenue to total $288.37 million from $236.07 million booked the same period in 2020. Revenue for the second quarter rose by 17% to $147.54 million (2020: $126.36 million). Direct costs for the period increased 13%, closing at $97.19 million, up from $86.31 million reported the prior year, while
February 4, 2022 GWEST Corporation Limited (GWEST), for the nine months ended December 31, 2021 booked Total revenue of $108.67 million, an increase of 24% when compared with the $87.32 million booked last year. Revenue increased by 13% or $4.22 million for the third quarter, amounting to $36.72 million (2020: $32.51 million). The company highlighted that
February 14, 2022 Honey Bun (1982) Limited (HONBUN) for the three months ended December 31, 2021 booked a 44% increase in revenue to $664.70 million, up from $461.32 million reported twelve months earlier. HONBUN noted, “Our Shorty Bread products have continued to be well received by our customers and significantly contributed to sales increase.” The Company’s
February 14, 2022 Figures are quoted in United States dollars (except where it is indicated otherwise): Transjamaican Highway Limited (TJH), for the year ended December 31, 2021, reported a 16% increase in revenue to US$52.76 million relative to US$45.38 million in the corresponding period last year. Revenue for the fourth quarter amounted to US$15.29 million
February 14, 2022 Weekly Picks 14.02.2022 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,
United States: U.S. Consumer Sentiment Falls to Fresh Decade Low on Inflation “U.S. consumer sentiment declined further in early February to a fresh decade low as views about personal finances deteriorated due to intensifying inflation concerns. The University of Michigan’s sentiment index dropped to 61.7, the lowest since October 2011, from 67.2 in January, data
February 11, 2022 The Consumer Price Index for All Urban Consumers (CPI-U) climbed 0.6 percent on a seasonally adjusted basis in January, according to the U.S. Bureau of Labor Statistics. Before seasonal adjustment, the all items index gained 7.5 percent over the previous 12 months. Food, electricity, and shelter index increases were the major contributors
