February 2, 2022 Government Operations Results for December 2021 For the period of April to December 2021, the GOJ reported Total Revenues & Grants of $492.22 billion, $1.23 billion less than the Government’s projection. This represented an increase of approximately 23.6% relative to the $398.26 billion recorded for the corresponding period in 2020. ‘Non-Tax Revenue’
February 02, 2022 In the fourth quarter of 2021, national vacancy rates for rental housing were 5.6% and 0.9%, respectively. The rental vacancy rate was 0.9 percentage points lower than in the fourth quarter of 2020 (6.5%) and did not differ statistically from the third quarter of 2021 (5.8%). The 0.9% homeowner vacancy rate was 0.1
February 2, 2022 IronRock Insurance Company Limited (ROC), for the year ended December 31, 2021 posted gross premiums of $881.21 million relative $836.97 million; representing a 5% increase. Fourth-quarter gross premium amounted to $260.67 million, a 12% increase when compared to $233.76 million for the corresponding quarter of 2020. Proportional reinsurance amounted to $634.28 million
United States: Fed Won’t Be Rushed in Its Hiking Path by Wall Street Frenzy “Federal Reserve officials have a message for investors ramping up 2022 interest-rate expectations: not so fast. None of six Fed officials speaking so far this week have backed the idea of a half-point rate increase in March, and the most aggressive,
February 1 , 2022 The number of job openings on the last business day of December remained unchanged at 10.9 million, according to the US Bureau of Labor Statistics. The number of people hired and the number of people who left fell to 6.3 million and 5.9 million, respectively. The quit rate within separations remained
February 1, 2022 Wisynco Group Limited (WISYNCO) has declared an interim dividend of $0.20 per share payable on March 1, 2022 to shareholders on record as at February 15, 2022. The ex-dividend date is February 14, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited
February 1, 2022 Scotia Group Jamaica Limited (SGJ) has advised that a Senior Manager sold 23,125 SGJ shares on January 28, 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
February 1, 2022 SSL Venture Capital Jamaica Limited (SSLVC) has advised that the Company has received an Offer from Micro-Financing Solutions Limited on January 31, 2022 to purchase 100% of the Company’s issued share capital at the price of $0.0948 per ordinary share. The Company has further advised that details of the Offer will be
February 1, 2021 Indies Pharma Jamaica Limited (INDIES), reported revenues for the twelve months ended October 31, 2021 of $846.83 million, an increase of 11% when compared with the $765.95 million booked last year. Revenues for the fourth quarter increased 7% to $213.54 million (2020: $200.11 million). Cost of sales amounted to a total of
February 1 , 2022 Jamaican Teas Limited (JAMT) reported a 3% increase in revenues to total $2.27 billion (2020: $2.20 billion). For the quarter, revenues amounted to $520.36 million (2020: $782.88 million). Cost of sales increased by 7% to $1.72 billion (2020: $1.61 billion). Hence, gross profit fell 5% to $553.30 million (2020: $584.89 million).
