15 11, 2021

PURITY reports nine months net loss of $7.02 million

2021-11-15T10:46:02-05:00

November 15, 2021 Consolidated Bakeries (Jamaica) Limited (PURITY), for the nine months ended September 30, 2021 recorded a 4% increase in revenue to $798.88 million from $770 million reported for the corresponding period in 2020. For the third quarter, the company recorded a revenue of $266.57 million (2020: $226.38 million), representing a 18% increase.  Cost

PURITY reports nine months net loss of $7.02 million2021-11-15T10:46:02-05:00
15 11, 2021

GENAC reports 171% increase in nine months net profit attributable to shareholders

2021-11-15T10:29:24-05:00

November 15, 2021 General Accident Insurance Company Limited (GENAC), for the nine months ended September 30, 2021, reported Gross premium written of $11.50 billion, 23% higher than the $9.32 billion reported for 2020. Excess of loss reinsurance increased to $155.47 million, from $126.09 million reported in 2020 while Reinsurance ceded slightly increased to $8.99 billion relative

GENAC reports 171% increase in nine months net profit attributable to shareholders2021-11-15T10:29:24-05:00
15 11, 2021

VMIL reports 69% increase in nine months net profit

2021-11-15T10:24:36-05:00

November 15, 2021 Victoria Mutual Investments (VMIL) reported total interest income of $802.43 million, an increase of 9% relative to the $733.45 million recorded for the corresponding period in 2020. Interest income for the quarter stood at $270.85 million relative to $271.71 million in 2020. Interest expense for the nine months amounted to $533.66 million, an 11%

VMIL reports 69% increase in nine months net profit2021-11-15T10:24:36-05:00
15 11, 2021

Overseas Headlines – November 15, 2021

2021-11-15T08:45:35-05:00

United states: U.S. Oil CEO Tells Biden to Focus on Local Production Instead of OPEC “The world’s biggest oil and gas companies and many OPEC+ energy ministers are meeting in Abu Dhabi this week for the Adipec conference -- one of the first major in-person events for the industry since the onset of the coronavirus

Overseas Headlines – November 15, 20212021-11-15T08:45:35-05:00
12 11, 2021

SJ reports 26% increase in nine months net profit attributable to shareholders

2021-11-12T21:53:25-05:00

November 12, 2021 Sagicor Group Jamaica (SJ), for the nine months ended September 30, 2021 reported a 22% increase total revenues to $73.15 billion from $60.20 billion in 2020, while for the third quarter total revenues went up 17% to total $24.95 billion compared to $21.35 billion in 2020. Total revenue for the nine months was broken

SJ reports 26% increase in nine months net profit attributable to shareholders2021-11-12T21:53:25-05:00
12 11, 2021

PROVEN reports 25% increase in six months net profit attributable to shareholders

2021-11-12T21:30:20-05:00

November 12, 2021 Proven Investments Limited (PROVEN), for six months ended September 30, 2021 reported interest income of $5.41 million, a 10% decrease when compared with the $6 million reported for the same period in 2020. Interest income for the second quarter amounted to $2.78 million relative to $2.91 million for the second quarter ended

PROVEN reports 25% increase in six months net profit attributable to shareholders2021-11-12T21:30:20-05:00
12 11, 2021

WIG reports 47% decrease in six months net profit

2021-11-12T20:48:33-05:00

November 12, 2021 Wigton Windfarm Limited, for the six months ended September 30, 2021, reported sales of $1.21 billion, an 11% decline on the $1.36 billion reported in the prior year. Revenue for the quarter declined 7% to $572.56 million (2020: $612.85 million). Management noted that, “this change was largely due to (i) the lower level of production,

WIG reports 47% decrease in six months net profit2021-11-12T20:48:33-05:00
12 11, 2021

Ttech reports 10% decrease in nine months net profit

2021-11-12T20:10:52-05:00

November 12, 2021 tTech Limited (tTech), for the nine months ended September 30, 2021, booked a 15% increase in revenues to $301.22 million compared to $262.63 million recorded for the prior financial year’s corresponding period. Revenue for the third quarter rose 5% to $96.88 million relative to $92.35 million for the same quarter of 2020. Cost of sales increased

Ttech reports 10% decrease in nine months net profit2021-11-12T20:10:52-05:00
12 11, 2021

JMMBGL reports 120% increase in six months net profit

2021-11-12T18:15:08-05:00

November 12, 2021 JMMB Group Limited - (JMMBGL) booked net interest income of $5.82 billion compared to $4.99 billion in 2020, an increase of 17%. Of this, interest income grew by 20% to close at $13.15 billion, from the $10.94 billion booked in 2020, while interest expenses increased by 23% to total $7.33 billion relative

JMMBGL reports 120% increase in six months net profit2021-11-12T18:15:08-05:00
12 11, 2021

Daily Market Summary- November 12, 2021

2021-11-12T17:55:00-05:00

November 12, 2021 Mayberry Market Summary- 12.11.2021 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 analyst (s) also certify that no part of their compensation was, is,

Daily Market Summary- November 12, 20212021-11-12T17:55:00-05:00