May 18, 2020 PanJam Investments Limited (PJAM) for the three months ended March 31, 2020, reported a total loss of $202.60 million relative to a total income of $583.08 million booked for the prior year’s corresponding period. Of total loss: Other income rose 1033% to $363.10 million relative to $32.03 million in 2019 due to
May 18, 2020 Eppley Caribbean Property Fund Limited (CPFV) For the six months ended March 31, 2020: - Reported in Barbados Dollars unless otherwise indicated: Eppley Caribbean Property Fund Limited (CPFV), for the six months ended March 31, 2020 reported net rental income of $1.69 million (2019: $730,771), a 132% increase. In addition, share
May 18, 2020 weekly Picks 18.05.2020 DTL 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, or
May 17, 2020 The IMF Executive Board approved Jamaica’s request for emergency financial assistance of about US$520 million to help meet the urgent balance-of-payments needs stemming from the COVID-19 pandemic. The Jamaican authorities have adopted timely and targeted measures to boost health spending and mitigate the economic impact of the pandemic, supporting jobs and vulnerable
May, 16, 2020 Caribbean Cream Limited (KREMI), for the year ended February 29, 2020, reported a 10% increase in revenue to total $1.71 billion compared to $1.55 billion booked last year. Revenue for the fourth quarter rose 16% to close at $470.92 million compared to $405.17 million for the comparable quarter of 2019. Costs
May 15, 2020 iCreate Limited (iCreate) the three months ended March 31, 2020 reported revenues of $24.51 million, up from $11.90 million reported a year ago. Icreate hightlighted that, “Our growth in revenue is attributable to a number of initiatives that the company took to ensure we deliver on our commitment to our shareholders. They are
May 15, 2020 Everything Fresh (EFRESH) for the three months ended March 31, 2020, reported total revenues of $489.23 million, an 18% decline from the $593.18 million reported for the same quarter period in 2019. Management noted, “The reduction in sales being primarily due to the effects of the Covid-19 Pandemic in March, as well as, the company’s
May 15, 2020 Caribbean Assurance Brokers (CABROKERS), for the three months ended March 31, 2020, reported revenue of $70.10 million compared to the $74.91 million booked for the corresponding period in the prior year, a 6% decrease. This was mainly due to, “foreign exchange gain which declined by $4.44 million,” according to CABROKERS. Other operating income
May 15, 2020 Productive Business Solutions Limited (PBS) for the three months ended March 2020 reported a 4% decrease in revenues from US$43.56 million for the 2019 period to US$41.91 million in 2020. The Company noted that, revenue included " a one-time transaction of US$ 3.2 million in Honduras." Direct expenses decreased 7% to close
May 15, 2020 Kingston Properties Limited, for the three months period, reported rental income of US$450,080, 1% less than the US$455,199 reported in the previous corresponding period. KPREIT stated that, ‘the lower year on year balance was mainly due to higher than expected vacancy in our Grenada Crescent property in Jamaica compared to the prior year. This
