1 03, 2024

SELECTMD reports 841% increase in year end net profit

2024-03-01T15:14:29-05:00

March 1, 2024 Sagicor Select Funds Limited Manufacturing & Distribution (SELECTMD) for the twelve months ended December 31, 2023, reported a 180% increase in Interest Income totalling $13.23 million compared to $4.72 million in the corresponding period last year. Interest Income for the fourth quarter had a 13% increase to close at $4.05 million compared

SELECTMD reports 841% increase in year end net profit2024-03-01T15:14:29-05:00
1 03, 2024

SJ reports year end shareholders’ profit of $14.37 billion

2024-03-01T15:11:00-05:00

March 1, 2024 Sagicor Group Jamaica Limited (SJ) for the year ended December 31, 2023, reported a 15% increase in Insurance revenue totaling $46.82 billion compared to $40.67 billion in the corresponding period last year. Insurance revenue for the fourth quarter had a 7% increase to close at $12.44 billion compared to $11.63 billion for

SJ reports year end shareholders’ profit of $14.37 billion2024-03-01T15:11:00-05:00
1 03, 2024

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for February 28, 2024

2024-03-01T14:26:04-05:00

March 1, 2024   Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for February 28, 2024, was J$14.87.  MJE’s closing price on February 28, 2024 was $10.89. The below graph shows MJE’s Net Asset Value movement since 2020.   Disclaimer: Analyst Certification - The views expressed in this research

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for February 28, 20242024-03-01T14:26:04-05:00
1 03, 2024

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for February 27, 2024

2024-03-01T14:24:19-05:00

March 1, 2024   Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for February 27, 2024, was J$14.06.  MJE’s closing price on February 27, 2024 was $10.01. The below graph shows MJE’s Net Asset Value movement since 2020.   Disclaimer: Analyst Certification - The views expressed in this research

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for February 27, 20242024-03-01T14:24:19-05:00
1 03, 2024

SIL reports 141% increase in year end net income

2024-03-01T13:12:15-05:00

March 1, 2024   Sterling Investments Limited (SIL) for the year ended December 31, 2023, reported a 1% decrease in Interest Income totaling $146.47 million compared to $148.18 million in the corresponding period last year. Interest Income for the fourth quarter had a 2% increase to close at $37.03 million compared to $36.22 million for

SIL reports 141% increase in year end net income2024-03-01T13:12:15-05:00
1 03, 2024

GK reports 10% increase in year end net profit attr. to shareholders

2024-03-01T12:34:28-05:00

March 1, 2024 GraceKennedy Group Ltd (GK) for the year ended December 31, 2023, reported a 9% increase in Revenues totaling $155.00 billion compared to $141.61 billion in the corresponding period last year. Revenues for the fourth quarter had a 9% increase to close at $37.19 billion compared to $34.17 billion for the comparable quarter

GK reports 10% increase in year end net profit attr. to shareholders2024-03-01T12:34:28-05:00
1 03, 2024

CFF reports 115% increase in year-end net profit

2024-03-01T11:27:48-05:00

March 1, 2024   Caribbean Flavours and Fragrances Limited (CFF) for the year ended December 31, 2023, reported a 17% increase in revenue totalling $900.81 million compared to $772.23 million in the corresponding period last year. Revenue for the fourth quarter had an 11% increase to close at $232.54 million compared to $210.29 million for

CFF reports 115% increase in year-end net profit2024-03-01T11:27:48-05:00
1 03, 2024

1GS reports 183% jump in year end net profit

2024-03-01T10:53:15-05:00

March 1, 2024 One Great Studio Company Limited (1GS) for the year ended December 31, 2023, reported a 93% increase in Revenue totaling $461.05 million compared to $238.93 million in the corresponding period last year. Management noted, “This was primarily driven by the full-year integration of our SEO business line. Notably, no more than 7%

1GS reports 183% jump in year end net profit2024-03-01T10:53:15-05:00
1 03, 2024

BRG reports year end net loss of $218.42 million

2024-03-01T10:41:53-05:00

March 1, 2024 Berger Paints Jamaica Limited (BRG) for the year ended December 31, 2023, reported a 2% increase in Turnover totaling $3.36 billion compared to $3.30 billion in the corresponding period last year. Turnover for the fourth quarter had a 1% increase to close at $1.13 billion compared to $1.11 billion for the comparable

BRG reports year end net loss of $218.42 million2024-03-01T10:41:53-05:00
1 03, 2024

Overseas Headlines – March 1, 2024

2024-03-01T09:21:52-05:00

March 1, 2024   United States: Apollo’s Torsten Slok Says Fed Will Not Cut Rates in 2024 Apollo Management Chief Economist Torsten Slok said that a re-accelerating US economy, coupled with a rise in underlying inflation, will prevent the Federal Reserve from cutting interest rates in 2024. “The bottom line is that the Fed will

Overseas Headlines – March 1, 20242024-03-01T09:21:52-05:00