July 16, 2021 Radio Jamaica Limited (RJR), for the year ended March 31, 2021, reported revenues of $5.19 billion versus $5.59 billion in 2020, contracting by 7% year over year. For the quarter, revenues closed at $1.40 billion (2020: $1.25 billion). Management noted that, “Over the course of the year, the Print segment experienced a
July 16, 2021 Consumer Price Index – June 2021 According to the Statistical Institute of Jamaica (STATIN) the consumer price index for June 2021 was 109.8 resulting in an inflation rate of 0.7%, when compared to the previous month’s inflation rate of 1.2%. STATIN noted that, “This movement was primarily as a result of the
July 16, 2021 According to the statistical office of the European Union (Eurostat), in June 2021, the euro area annual inflation rate was 1.9%, 0.1% down from 2.0% in May 2021. However, in June 2020, the rate was 0.3%. Additionally, in the European Union annual inflation was reported at 2.2%, less than May 2021 rate
July 16, 2021 AMG Packaging & Paper Company Limited (AMG) for the nine months ended May 31, 2021 reported a 5% decrease in revenue to $508.89 million (2020: $533.51 million). Revenue for the quarter fell slightly by less than 1% to $170.49 million relative to $170.69 million reported the previous year. Cost of Inventories decreased
United States: Gain in U.S. Retail Sales Underscores Solid, Steady Consumer “U.S. retail sales rose unexpectedly in June, reflecting fairly broad gains across spending categories and wrapping up a solid quarter for household demand. The value of overall retail purchases advanced 0.6% last month following a downwardly revised 1.7% drop in May, Commerce Department figures
July 15, 2021 PanJam Investment Limited (PJAM) has advised that a connected party purchased 1,030 PJAM shares on July 12, 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 report. Each research
July 15, 2021 Future Energy Source Company Limited (FESCO) has advised that a Director purchased 6,100,000 FESCO shares on July 14, 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 report. Each
July 15, 2021 Mayberry Investments Limited (MIL) has advised that Mrs. Josephine Bennett-Darmand has been appointed Chief Financial Officer effective June 28, 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
July 15, 2021 Barita Investments Limited (BIL) has advised that its Board of Directors approved a resolution for the convening of an Extraordinary General Meeting (EGM) of the Company. At the EGM, to be held on Tuesday, August 3, 2021, stockholders will be asked to vote on and approve resolutions in respect of the raising of additional
July 15, 2021 For the three months ended May 31, 2021, Caribbean Cream Limited (KREMI)’s turnover rose by 28% to $548.45 million (2020: $429.98 million). According to the Company, “We are deeply grateful for continued strong product demand while we work on our strategy to get closer to the consumer.” Cost of sales also increased by
