October 31, 2022 Caribbean Cement Company Limited's (CCC's) total revenue for the nine months ended September 30, 2022 grew by 11% amounting to $19.68 billion, up from $17.80 billion reported a year ago. For the quarter, revenues amounted to $6.17 billion (2021: $5.49 billion). Cost of Sales closed the period under review at $10.84 billion
July 28, 2022 Grace Kennedy Limited (GK), for the six months ended June 30, 2022, recorded revenue of $72.59 billion for period (2021: $63.35 billion), a year over year increase of 15%. Revenue for the second quarter of 2022 improved 14% to $36.33 billion (2021: $31.96 billion). The biggest contributor to the group’s overall revenue
July 28, 2022 Caribbean Assurance Brokers (CABROKERS) revenue for the six months ended June-30-2022 increased by 18% to $178.32 million (2021: $151.29 million). Revenue for the quarter increased by 15% to $87.72 million (2021: $76.21 million). Management noted that “the International, Individual Life, General and Employee Benefits Divisions all saw increases of 40%, 21%, 17%
July 28, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for July 27, 2022, was J$17.26. MJE’s last traded price on July 27, 2022, was $15.00. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report accurately
July 28, 2022 Paramount Trading (Jamaica) Limited recorded a 19% increase in total revenues to $1.72 billion from $1.44 billion reported in 2021. For the quarter, revenues amounted to $482.49 million (2021: $421.75 million). Direct expenses closed the period at $1.15 billion relative to the $983.20 million booked a year ago. As such, gross profit rose
July 28, 2022 Supreme Ventures Limited (SVL) has advised that during the period July 22 to 26, 2022, a Senior Manager purchased a total of 37,121 SVL shares, a connected party sold 100,000 SVL shares and a related entity purchased 458,685 SVL shares. Disclaimer: Analyst Certification - The views expressed in this research report
July 28, 2022 Jamaica Broilers Group Limited (JBG) has advised that a Director sold 1,305,649 JBG shares on July 26, 2022. Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this
July 28, 2022 Carreras Limited (CAR) has advised that at a meeting of the Board of Directors to be held on Tuesday, August 9, 2022, consideration will be given by the Board to the payment of an interim dividend to shareholders of the Company. Disclaimer: Analyst Certification - The views expressed in this research
July 28, 2022 Inflation remains a major concern as the world’s three largest economies are halting, with important consequences for the global outlook. The global economy, still reeling from the pandemic and Russia’s invasion of Ukraine, is facing an increasingly gloomy and uncertain outlook. Many of the downside risks flagged in the IMF’s April World
July 28, 2022 United States: US Economy Shrinks for a Second Quarter, Fueling Recession Fears The drumbeat of recession grew louder after the US economy shrank for a second straight quarter, as decades-high inflation undercut consumer spending and Federal Reserve interest-rate hikes stymied businesses and housing. Gross domestic product fell at a 0.9% annualized
