February 10, 2023 Proven Group Limited (PROVEN) has advised that a dividend payment of US$0.002 per share was declared at a Board meeting held on February 9, 2023. Ordinary shareholders who have requested payment in Jamaican Dollars will receive the equivalent of JA$0.3087 per share. This dividend payment will be made to all ordinary
February 10, 2023 Salada Foods Jamaica Limited (SALF), for the quarter ended December 31, 2022, recorded a 2% increase in turnover to $294.04 million (2021: $289.35 million). Cost of sales for the period rose by 2% to close the quarter at $200.56 million relative to $197.23 million in 2021. As such, gross profit for the quarter
February 10, 2023 Figures are quoted in United States dollars (except where it is indicated otherwise): Caribbean Producers Jamaica Limited (CPJ) for the six months ended December 31, 2022, revenues rose 23% from $58.08 million in 2021 to close the period under review at $71.38 million. For the second quarter, the company also posted a 16% increase in
February 10, 2023 Lasco Manufacturing Limited (LASM) Financials for the nine months ended December 31, 2022: Lasco Manufacturing Limited (LASM) for the nine months ended December 31, 2022, recorded an 18% increase in revenue to total $8.33 billion relative to the $7.05 billion recorded for the comparable period in 2021. For the third quarter, total
February 10, 2023 Lasco Financial Services Limited (LASF), for the nine months ended December 31, 2022 recorded income of $1.66 billion; this represented a 5% decrease when compared to $1.75 billion posted in 2021, while trading income for the quarter amounted to $537.76 million (2021: $668.38 million). Other income increased to $97.27 million versus $88.36
March 3, 2022 Net operating income increased 77% to US$9.36 million (2021: US$5.30 million). For the quarter, net operating loss amounted to US$92,388 (2021: income of US$988,266). Of the year-end net operating income: Property income increased 30% to US$6.71 million (2021: US$5.16 million) Net investment income increased 2287% to US$2.63 million (2021: US$110,219) Other income
February 10, 2023 Revenue for the nine months ended December 31, 2022 increased 13% to $19.64 billion (2021: $17.37 billion). Management noted that this resulted because of growth in both Domestic and Export markets. Revenue for the quarter increased 17% to $6.78 billion (2021: $5.79 billion). Cost of Sales for the nine months ended
February 10, 2023 United States: Stocks, Futures Fall With Bonds on Hawkish Bets: Markets Wrap Stocks fell with US futures and Treasuries extended a selloff as wagers for more hawkish monetary policy mounted. Oil rose after Russia said it will cut output. Contracts on U.S. stock gauges fell, with Tesla Inc. and most Big
February 10, 2023 Jamaican Teas Limited (JAMT) reported a 12% increase in revenues to total $665.64 million (2021: $596.10 million). According to management the decrease was “The losses shown in Investment Income mainly reflect the realized and unrealized investment losses of QWI, partially offset by higher dividend income compared with the year ago period.”. Cost
February 9, 2023 Main Event Entertainment Group Limited (MEEG) For the year ended October 31, 2022:- Main Event Entertainment Group Limited (MEEG) for the year ended October 31, 2022 recorded $1.55 billion in revenue compared to $758.39 million booked for the period ended October 31, 2021, a 104% increase year over year. Revenue for the quarter improved
