29 07, 2021

JSE reports 11% decrease in six months net profit

2021-07-29T12:37:22-05:00

July 29, 2021 Jamaica Stock Exchange Limited (JSE), for the first six months ended June 30, 2021 recorded total revenue of $851.94 million, a 4% decrease when compared to the $886.85 million booked the prior year’s corresponding period. For the second quarter the Company reported a 17% increase in total revenue to close the quarter at $441.49 million (2020:

JSE reports 11% decrease in six months net profit2021-07-29T12:37:22-05:00
29 07, 2021

LASM reports 18% increase in first quarter net profit

2021-07-29T11:41:52-05:00

July 29, 2021 Lasco Manufacturing Limited (LASM) for the three months ended June 30, 2021 recorded an increase of 26% in total revenue to total $2.32 billion, relative to the $1.85 billion recorded for the comparable period in 2020. Cost of sales amounted to $1.48 billion (2020: $1.13 billion) for the quarter, an increase of

LASM reports 18% increase in first quarter net profit2021-07-29T11:41:52-05:00
29 07, 2021

LASD reports 13% increase in three months net profit

2021-07-29T09:44:56-05:00

July 29, 2021 Lasco Distributors Limited (LASD), for the three months ended June 30, 2021, posted a 22% increase in revenue to $5.76 billion, up from $4.70 billion booked in the corresponding period in 2020. Cost of sales amounted to $4.79 billion, up 26% on the $3.81 billion reported in the prior comparable period. Nonetheless,

LASD reports 13% increase in three months net profit2021-07-29T09:44:56-05:00
28 07, 2021

JSE plans to rollout direct market access next quarter

2021-07-28T16:20:39-05:00

July 28, 2021 Mrs. Marlene Forrest discussed the company's financial performance during the last year, noting that revenue was $1.76 billion (2019: $1.896 billion), resulting in a 21.7% drop in net profit to $407 million (2020: $520 million). It was also highlighted that the Main Market began the year with 59 securities and concluded the

JSE plans to rollout direct market access next quarter2021-07-28T16:20:39-05:00
28 07, 2021

Special Advisory: Eppley Limited (EPLY) 

2021-07-28T16:19:14-05:00

July 28, 2021 Eppley Limited (EPLY) has advised that the Company intends to redeem on August 31, 2021 (the “Redemption Date”), the 8.25% Cumulative Redeemable Fixed Rate Preference Shares maturing in 2021, at a redemption price of 100% of the Issue Price thereof plus accrued dividends (“the Redemption Price”). EPLY has also advised that the Company

Special Advisory: Eppley Limited (EPLY) 2021-07-28T16:19:14-05:00
28 07, 2021

Dividend Declaration: Blue Power Group Limited (BPOW)

2021-07-28T16:17:45-05:00

July 28, 2021 Blue Power Group Limited (BPOW) has advised that the Board of Directors has declared a dividend of 1.6 cents ($0.016) per share payable on September 8, 2021 to shareholders on record as at August 30, 2021. The ex-dividend date is August 27, 2021. Disclaimer:  Analyst Certification -The views expressed in this research report accurately

Dividend Declaration: Blue Power Group Limited (BPOW)2021-07-28T16:17:45-05:00
28 07, 2021

Dividend Declaration: Seprod Limited (SEP) 

2021-07-28T16:16:34-05:00

July 28, 2021 Seprod Limited (SEP) has advised that the Board of Directors has declared a dividend of fifty cents ($0.50) per share payable on August 20, 2021 to shareholders on record as at August 12, 2021. The ex-dividend date is August 11, 2021. Disclaimer:  Analyst Certification -The views expressed in this research report accurately reflect

Dividend Declaration: Seprod Limited (SEP) 2021-07-28T16:16:34-05:00
28 07, 2021

Dividend Consideration: Eppley Limited (EPLY) 

2021-07-28T16:15:40-05:00

July 28, 2021 Eppley Limited (EPLY) has advised that the Board of Directors will meet on Friday, August 13, 2021 to consider the payment of an interim dividend 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

Dividend Consideration: Eppley Limited (EPLY) 2021-07-28T16:15:40-05:00
28 07, 2021

Trade in Shares: Jamaica Broilers Group Limited (JBG) 

2021-07-28T16:14:21-05:00

July 28, 2021 Jamaica Broilers Group Limited (JBG) has advised that on July 26, 2021 two senior managers and two directors purchased a total of 2,349,828 JBG shares and a director sold 2,335,674 JBG shares. Disclaimer:  Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about

Trade in Shares: Jamaica Broilers Group Limited (JBG) 2021-07-28T16:14:21-05:00
28 07, 2021

EFRESH to further diversify operations by growing retail and wholesale division

2021-07-28T15:58:01-05:00

July 28, 2021 Everything Fresh Limited (EFRESH) Chairman, Gregory Pullen, highlighted the financial performance for FY2020. Revenue contracted by 52% for the period amounting to $1.05 billion, down from $2.20 billion reported in 2019. The Hotel & Restaurant accounted for 90% of the company’s total revenue in 2019, however, this dropped to 64% in 2020.

EFRESH to further diversify operations by growing retail and wholesale division2021-07-28T15:58:01-05:00