13 08, 2021

FESCO reports 66% increase in first quarter net profit

2021-08-13T10:00:21-05:00

August 13, 2021 Future Energy Source Company Limited (FESCO) recorded a 58% increase in revenue to $1.91 billion from $1.21 billion reported for the corresponding period in 2020. The Company noted, " Several factors affect revenue/turnover with the supply price of fuel being a major component. FESCO has no control over the supply price of fuel

FESCO reports 66% increase in first quarter net profit2021-08-13T10:00:21-05:00
13 08, 2021

Overseas Headlines – August 13, 2021

2021-08-13T08:51:47-05:00

United States: Budget Breakdown Risk Clouds U.S. Outlook “It’s been a great week for President Joe Biden’s economic program, looking at the headlines on fiscal developments: a big partisan Senate vote for the largest infrastructure package in decades, and a united Democratic caucus backing the greatest expansion in social programs since the 1960s “Great Society”

Overseas Headlines – August 13, 20212021-08-13T08:51:47-05:00
12 08, 2021

Gas price movement- August 13, 2021

2021-08-13T18:58:15-05:00

Brent Oil Brent oil prices increased by 0.03% or US$0.02, as prices increased this week relative to the prior week. Oil traded on August 12, 2021, at a price of US$71.31 per barrel relative to US$71.29 on August 5, 2021. Brent oil opened in 2021 year at US$54.52 per barrel. Petrojam prices 87 Octane prices

Gas price movement- August 13, 20212021-08-13T18:58:15-05:00
12 08, 2021

SALF reports nine months net profit of $115.41 million

2021-08-12T17:27:49-05:00

August 12, 2021 Salada Foods Jamaica Limited (SALF), for the nine months ended June 30, 2021, recorded a 9% increase in turnover to close at $890.03 million (2020: $819.55 million). As for the third quarter, revenue amounted to $310.74 million (2020: $256.77 million), a 21% growth year over year. SALF noted, “Export accounted for 22%

SALF reports nine months net profit of $115.41 million2021-08-12T17:27:49-05:00
12 08, 2021

HONBUN reports 57% increase in nine months net profit

2021-08-12T16:14:00-05:00

August 12, 2021 For the nine months ended June 30, 2021, Honey Bun (1982) Limited reported revenues of $1.56 billion, 25% up from $1.24 billion reported a year ago. For the quarter, revenues increased by 54% to $566.36 million (2020: $367.42 million). HONBUN noted, “The improvement was attributable to a number of factors, including the

HONBUN reports 57% increase in nine months net profit2021-08-12T16:14:00-05:00
12 08, 2021

Special Advisory: PanJam Investment Limited (PJAM)

2021-08-12T15:11:12-05:00

August 12, 2021 PanJam Investment Limited (PJAM) has advised that Ms. Joanna A. Banks Rainford has been appointed to the Board of Directors effective August 11, 2021. 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

Special Advisory: PanJam Investment Limited (PJAM)2021-08-12T15:11:12-05:00
12 08, 2021

Dividend Declaration: PanJam Investment Limited (PJAM) 

2021-08-12T15:10:00-05:00

August 12, 2021 PanJam Investment Limited (PJAM) has declared a third interim dividend for the year 2021 in the amount of 20 cents ($0.20) per stock unit payable on September 16, 2021 to stockholders on record as at August 26, 2021. The ex-dividend date is August 25, 2021 Analyst Certification -The views expressed in this research report accurately

Dividend Declaration: PanJam Investment Limited (PJAM) 2021-08-12T15:10:00-05:00
12 08, 2021

Trade in Shares: Mayberry Investments Limited (MIL)

2021-08-12T15:09:14-05:00

August 12, 2021 Mayberry Investments Limited (MIL) has advised that a connected party purchased 72,196 MIL shares on August 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

Trade in Shares: Mayberry Investments Limited (MIL)2021-08-12T15:09:14-05:00
12 08, 2021

SML reports 19% increase in six months net profit

2021-08-12T11:40:51-05:00

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

SML reports 19% increase in six months net profit2021-08-12T11:40:51-05:00
12 08, 2021

ROC reports six months net loss of $2.81 million

2021-08-12T11:20:31-05:00

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

ROC reports six months net loss of $2.81 million2021-08-12T11:20:31-05:00