February 15, 2023 Honey Bun (1982) Limited, for the quarter ended December 31, 2022, recorded a 23% increase in revenue to total $817.40 million (2021: $664.70 million). Other gains for the first three months amounted to $703,150 (2021: $7.32 million). As such, gross profit amounted to $357.64 million relative to $264.59 million reported in 2021. Administrative
February 15, 2023 United States Inflation Rate increased 6.4% year over year in January 2023 The Consumer Price Index for All Urban Consumers increased 0.5% on a seasonally adjusted basis in January after rising 0.1% in December, according to a report released today by the U.S. Bureau of Labor Statistics. Before seasonal adjustment, all items
February 15, 2022 Tropical Battery Company Limited (TROPICAL) for the three months ended December 31, 2022, recorded a 2% decline in revenue to $649.44 million $(2021: $661.94 million). Management noted that the decrease was primarily due to supply chain issues and shortage of materials. Cost of sales declined 7% to $434.16 million (2021: 465.59
February 15, 2023 Future Energy Source Company Limited (FESCO) For the nine months ended December 31, 2022:- Future Energy Source Company Limited (FESCO) reported $20.14 billion in turnover relative to the $8.01 billion reported in 2021, representing a 152% increase. For the third quarter FESCO recorded a 83% increase in revenue to $6.71 billion from
February 15, 2023 MFS Capital Partners Limited (MFS) Unaudited results for the six months ended December 31, 2022: - For the six months ended December 31, 2022, MFS Capital Partners Limited (MFS) reported $14.59 million in revenues (2021: nil). MFS reported no cost of sales (2021: nil) consequently Gross Profit amounted to $14.59 million for
February 15, 2023 Mailpac Group Limited (MAILPAC)’s revenue amounted to $1.69 billion for the twelve months ended December 31, 2022, 5% less than $1.82 billion booked for 2021 year end. While, for the quarter, revenues closed at $466.21 million (2021: $501.73 million), 7% lower than the corresponding quarter. MAILPAC noted that, “while overall profitability was down
February 15, 2023 United States: Fed Officials Float Even Higher Rates After Brisk Inflation Data Federal Reserve officials stressed the need for further interest-rate increases to help tame inflation, but expressed differing views about how close they are to stopping after new data showed signs of persistent price pressures. Several officials said Tuesday that
February 14, 2023 Spur Tree Spices Jamaica Limited (SPURTREE) for the twelve months ended December 31, 2022, reported a 20% increase in sales revenue to $1.03 billion from the $859.72 million reported in 2021. Revenue for the quarter rose 45% to $356.47 million compared to $245.42 million booked for the quarter ended December 31, 2021. Cost of
February 14, 2023 Figures are quoted in United States dollars (except where it is indicated otherwise): Transjamaican Highway Limited (TJH), for the year ended December 31, 2022, reported a 23% increase in revenue to US$65.01 million relative to US$53.76 million in the corresponding period last year. Revenue for the fourth quarter amounted to US$17.99 million (2021:
February 14, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for February 9, 2023, was J$14.58. MJE’s last traded price on February 9, 2023 was $11.40. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
