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
February 14, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for February 8, 2023, was J$15.01. MJE’s last traded price on February 8, 2023 was $12.40. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
February 14, 2023 Operating revenue increased by 21% amounting to $522.59 million in the six months period relative to $433.42 million in the prior year. For the quarter, operating revenue closed at $265.00 million (2021: $215.51 million). Administrative and other expenses amounted to $136.05 million compared to $121.32 million, a 12% increase year over year.
February 14, 2023 Tropical Battery Company Limited (TROPICAL) has advised that the Company has signed an agreement to acquire a 50% stake in Dominican Republic-based solar photovoltaic engineering, procurement and construction company KAYA Energy Group for a combination of cash and shares. The transaction is pending financial close and approval by the regulatory authorities
