12 08, 2022

SALF reports nine months net profit of $111.21 million attributable to shareholders

2022-08-12T18:48:53-05:00

August 12, 2022 Salada Foods Jamaica Limited (SALF), for the nine months ended June 30, 2022 recorded an 8% increase in turnover to close at $963.62 million (2021: $890.03 million). As for the third quarter, revenue amounted to $328.35 million (2021: $310.74 million), a 6% growth year over year. SALF noted, “This was buoyed by

SALF reports nine months net profit of $111.21 million attributable to shareholders2022-08-12T18:48:53-05:00
12 08, 2022

FESCO reports 280% increase in first quarter net profit

2022-08-12T17:40:09-05:00

August 12, 2022 Future Energy Source Company Limited (FESCO) recorded a 238% increase in revenue to $6.46 billion from $1.91 billion reported for the corresponding period in 2021. The Company noted, " Several factors affect revenue/turnover with the supply price of fuel being a major component. On average, this quarters refinery prices have increased 41.67% -

FESCO reports 280% increase in first quarter net profit2022-08-12T17:40:09-05:00
12 08, 2022

HONBUN reports 22% decline in nine months net profit

2022-08-12T17:36:58-05:00

August 12, 2022 For the nine months ended June 30, 2022, Honey Bun (1982) Limited reported revenues of $2.16 billion, 39% up from $1.56 billion reported a year ago. For the quarter, revenues also increased by 39% to $789.40 million (2021: $566.36 million). HONBUN noted, “Investments made in our distribution channels continue to yield significant

HONBUN reports 22% decline in nine months net profit2022-08-12T17:36:58-05:00
12 08, 2022

DTL reports six months net profit of $270.41 million attributable to shareholders

2022-08-12T17:34:47-05:00

August 12, 2022 Derrimon Trading Limited (DTL), for six months ended June 30, 2022, reported trading income of $8.86 billion compared to the $8.05 billion booked for the prior year’s comparable period. DTL indicated, “The improved performance reported is a result of our growth strategy being achieved through our companies and business segments. The period

DTL reports six months net profit of $270.41 million attributable to shareholders2022-08-12T17:34:47-05:00
12 08, 2022

MPCCEL reports six months net loss of US$120,828

2022-08-12T17:02:20-05:00

August 12, 2022 (Expressed in United States dollars) MPC Caribbean Clean Energy Limited (MPCCEL), for the six months ended June 30, 2022, reported a 32% decrease in total expenses in the amount of $82,394 (2021: $120,828), of which accountancy fees remained at $4,600 year over year while administrative fees decreased by 22% to 25,239 (2021:

MPCCEL reports six months net loss of US$120,8282022-08-12T17:02:20-05:00
12 08, 2022

WIG reports 83% increase in first quarter net profit

2022-08-12T16:42:25-05:00

August 12, 2022 Wigton Windfarm Limited (WIG) Unaudited results for the first quarter ended June 30, 2022:- Wigton Windfarm Limited, for the quarter ended June 30, 2022, reported sales of $794.21 million, a 25% increase on the $636.63 million reported in the prior year. Cost of sales went down by 3% to close the year end at

WIG reports 83% increase in first quarter net profit2022-08-12T16:42:25-05:00
12 08, 2022

Dividend Declaration: Stationery & Office Supplies Limited (SOS)

2022-08-12T15:48:42-05:00

August 12, 2022   Stationery & Office Supplies Limited (SOS) has declared a dividend of eighteen cents ($0.18) per ordinary stock unit payable on September 14, 2022 to shareholders on record as of August 31, 2022. The ex-dividend date is August 30, 2022.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal

Dividend Declaration: Stationery & Office Supplies Limited (SOS)2022-08-12T15:48:42-05:00
12 08, 2022

Dividend Declaration: Proven Group Limited (PROVEN)

2022-08-12T15:45:36-05:00

August 12, 2022   Proven Group Limited (PROVEN) has declared a dividend of US$0.0011 per share payable on September 9, 2022 to shareholders on record as at August 26, 2022. Ordinary shareholders who have requested payment in Jamaican Dollars will receive the equivalent of JA$0.1674 per share. The ex-dividend date is August 25, 2022.   Disclaimer: Analyst

Dividend Declaration: Proven Group Limited (PROVEN)2022-08-12T15:45:36-05:00
12 08, 2022

Special Advisory: 1834 Investments Limited (1834)

2022-08-12T15:42:36-05:00

August 12, 2022   1834 Investments Limited (1834) has advised that on August 10, 2022, a Court-Ordered Meeting of shareholders was held to consider a Scheme of Arrangement (“Scheme”) between 1834 and its shareholders. The Scheme would allow for 1834 to be amalgamated with Radio Jamaica Limited, subject to the approval of its shareholders and

Special Advisory: 1834 Investments Limited (1834)2022-08-12T15:42:36-05:00
12 08, 2022

JFP reports six months net profit of $35.60 million

2022-08-12T15:29:46-05:00

August 12, 2022 JFP Limited (JFP) Unaudited Financials for the six months ended June 30, 2022: JFP Limited (JFP), for the six months ended June 30, 2022 recorded a 83% or $96.62 million increase in revenue from $117.01 million in 2021 to $213.63 million in 2022. Cost of sales however reduced by 13% or $10.15

JFP reports six months net profit of $35.60 million2022-08-12T15:29:46-05:00