August 12, 2021 Stanley Motta Limited (SML), for the six months ended June 30, 2021, booked a 8% increase in revenue to total $243.17 million compared to $224.87 million for the same period in 2020. Revenue for the quarter amounted to $123.72 million compared to $112.85 million booked in 2020. It was noted “these increases
August 12, 2021 IronRock Insurance Company Limited (ROC), for the six months ended June 30, 2021 posted gross written premium of $411.14 million relative $421.98 million; this represents a 3% decrease year over year. For the second quarter gross written premium declined by 13% to total $212.49 million compared to $243.31 million in 2020. Management
August 12, 2021 Jamaican Teas Limited (JAMT), for the nine months ended June 30, 2021, reported a 24% increase in revenues to total $1.75 billion (2020: $1.41 billion). For the quarter, revenues amounted to $530.71 million compared to $505.96 million in the previous corresponding quarter. Notably, Management stated, “Our third quarter results reflect a good
August 12, 2021 Tropical Battery Company Limited (TROPICAL) for the nine months ended June 30, 2021, recorded revenue in the amount of $1.49 billion (2020: $1.36 billion), a 6% increase when compared to 2020. Revenue for the quarter increased by 24%, moving from $420.41 million in 2020 to $521.17 million for the period under review.
United States: U.S. Initial Unemployment Claims Drop for Third Week in a Row “Applications for U.S. state unemployment benefits dropped for the third week in a row, another incremental advance in the labor market’s recovery. Initial unemployment claims in regular state programs totaled 375,000 in the period ended Aug. 7, in line with estimates from
August 11, 2021 Mayberry Investments Limited (MIL) has advised that two connected parties purchased a total of 11,200 MIL shares on August 10, 2021. 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
August 11, 2021 Key Insurance Company Limited (KEY), for the six months ended June 30, 2021 reported a 74% increase in net premiums written from $382.92 million in 2020 to $665.12 million for the period under review. This performance stemmed from a 42% increase in gross premium written which closed the period at $915.51 million (2020: $643.09 million). Reinsurance ceded for
United States: Consumer Inflation in U.S. Moderates While Remaining Elevated “Prices paid by U.S. consumers climbed in July at a more moderate pace, though not enough to provide major relief from the cost increases weighing on sentiment and driving policy debate. The consumer price index increased 0.5% from June and 5.4% from a year ago,
August 11, 2021 Medical Disposables & Supplies Limited (MDS) for the three months ended June 30, 2021, reported revenue of $682.58 million, an increase of 34% compared to the $510.08 million booked in 2020. According to Management, “This increase in sales is the result of increased consumer demand for pharmaceutical and medical disposable items.” Cost of
August 10, 2021 Medical Disposables & Supplies Limited (MDS) has advised that the Company has been appointed distributor for the following product lines manufactured by Miracle Corporation Limited: True & Natural Face & Body Soap Naked Care Face & Body Soap MDS has further advised that both brands of organic, premium-grade plant-based face and body soap bars
