16 08, 2022

ICREATE reports six months net profit of $16.50 million

2022-08-16T11:27:40-05:00

August 16, 2022 iCreate Limited (ICREATE) for the six months ended June 30, 2022 reported revenues of $80.89 million, 239% up from $23.86 million reported a year ago. For the quarter, ICREATE posted revenue of $34.50 million (2021: $15.44 million). Management noted, “this strong performance was positively impacted by a mix of new business clients as well

ICREATE reports six months net profit of $16.50 million2022-08-16T11:27:40-05:00
16 08, 2022

GENAC reports 75% decline in six months net profit attributable to shareholders

2022-08-16T10:48:34-05:00

August 16, 2022 GENAC for the six months ended June 30, 2022, reported Gross premium written of $9.83 billion, 29% higher than the $7.64 billion reported for 2021. Reinsurance ceded rose 34% to close at $8.06 billion relative to $6.01 billion booked in 2021. Excess of loss reinsurance trended upwards by 26% to $130.35 million (2021:

GENAC reports 75% decline in six months net profit attributable to shareholders2022-08-16T10:48:34-05:00
16 08, 2022

LEARN reports six months net profit of $11.58 million

2022-08-16T10:28:48-05:00

August 16, 2022 Edufocal Limited (LEARN) For the six months ended June 30, 2022:- Edufocal Limited (LEARN), for the six months ended June 30, 2022, recorded revenue of $133 million, 164% more than the $50.40 million reported in the previous corresponding period. Revenue for the quarter increased 329% to $72.08  million (2021: $16.80 million). LEARN noted, “EduFocal

LEARN reports six months net profit of $11.58 million2022-08-16T10:28:48-05:00
16 08, 2022

Overseas Headlines – August 16, 2022

2022-08-16T09:11:46-05:00

August 16, 2022   United States: US Housing Starts Decline to Lowest Level Since Early 2021 New US home construction fell in July by more than forecast to the slowest pace since early last year as builders adjusted to a pullback in demand and a pickup in inventory. Residential starts dropped 9.6% last month to

Overseas Headlines – August 16, 20222022-08-16T09:11:46-05:00
16 08, 2022

SELECTMD reports six months net profit of $312.90 million

2022-08-16T08:59:26-05:00

August 16, 2022 Sagicor Select Fund Manufacturing & Distribution (SELECTMD) for the six months ended June 30, 2022 reported dividend income of $53.36 million (2021: $41.80 million). Interest income closed the six months period at $648,000 and relative to $890,000, last year. Gain on sale of financial assets at fair value through profit or loss

SELECTMD reports six months net profit of $312.90 million2022-08-16T08:59:26-05:00
16 08, 2022

KLE reports six months net profit of $4.74 million

2022-08-16T08:50:50-05:00

August 16, 2022 K.L.E Group Limited (KLE), for the six months ended June 30, 2022 recorded no revenue (2021: $73.36 million). For the second quarter, there was no revenue recorded (2021: $38.21 million). Cost of sales amounted to naught (2021: $22.75 million); as a result, there was no gross profit for the period (2021: $50.62

KLE reports six months net profit of $4.74 million2022-08-16T08:50:50-05:00
15 08, 2022

CPFV reports six months net profit attributable to shareholders of BB$6.42 million

2022-08-15T18:57:47-05:00

August 15, 2022 Reported in Barbados Dollars unless otherwise indicated: Eppley Caribbean Property Fund Limited (CPFV), for the nine months ended June 30, 2022 reported net rental income of $3.43 million (2021: $2.98 million), a 15% increase year over year. In addition, share of profit of investments accounted for using the equity method rose from $1.42 million in 2021

CPFV reports six months net profit attributable to shareholders of BB$6.42 million2022-08-15T18:57:47-05:00
15 08, 2022

JETCON reports 140% increase in six months net profit

2022-08-15T17:17:49-05:00

August 15, 2022 JETCON for the six months ended June 30, 2022 reported total turnover of $506.41 million, 23% more than the $410.52 million reported for the corresponding period in 2021. Turnover for the second quarter went up to $251.58 million compared to the $208.49 million reported in 2021. Cost of Sales for the period

JETCON reports 140% increase in six months net profit2022-08-15T17:17:49-05:00
15 08, 2022

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for August 11, 2022

2022-08-16T17:20:02-05:00

August 15, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for August 11, 2022, was J$16.32. MJE’s last traded price on August 11, 2022, was $14.10. The below graph shows MJE’s Net Asset Value movement since 2019.   Disclaimer: Analyst Certification -The views expressed in this research report accurately

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for August 11, 20222022-08-16T17:20:02-05:00
15 08, 2022

Dividend Declaration: Future Energy Source Company Limited (FESCO)

2022-08-15T15:55:24-05:00

August 15, 2022   Future Energy Source Company Limited (FESCO) has advised that the Board of Directors has resolved that a final dividend of $0.016 per share payable on October 28, 2022 to shareholders on record as at October 7, 2022 and the ex-dividend date is October 6, 2022 be recommended to FESCO shareholders for declaration as

Dividend Declaration: Future Energy Source Company Limited (FESCO)2022-08-15T15:55:24-05:00