Date: March 01, 2021 For the year ended December 31, 2020, FosRich Company Limited (FOSRICH)’s revenue rose by 18% to $1.90 billion relative to $1.61 billion booked in 2019. Revenue for the quarter amounted to $504.20 million, 18% above the $425.73 million booked for the similar quarter of 2019. Cost of sales for the year
March 1, 2021 Sterling Investments Limited (SIL) for the year ended December 31, 2020 reported a 48% increase in total revenue to $219.76 million compared to $148.37 million recorded for the corresponding period in 2019. Of total revenue: Interest income closed the period at $120.29 million, up 22% from the $98.30 million for the comparable
March 1, 2021 GraceKennedy Limited (GK) recorded revenue of $115.44 billion for the period (2019: $103.09 billion), a year over year increase of 12%. Revenue is broken down into Revenue from products and services and interest revenue which amounted to $111.06 billion (2019: $98.91 billion) and $4.37 billion (2019: $4.18 billion), respectively. Revenue for the quarter of 2020 improved by 12% to $29.31
March 01, 2021 Caribbean Cement Company Limited (CCC) reported total revenue for the year ended December 31, 2020 of $20.11 billion a 13% increase when compared with the $17.76 billion reported in 2019. For the quarter, total revenues closed at $5 billion (2019: $4.25 billion). CCC highlighted, “The increase in revenue was related to the
March 01, 2021 Weekly Pick 01.03.21 SVL 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 report. Each research analyst (s) also certify that no part of their compensation was,
United States: Wall Street Forecasts for U.S. Economy Depend on Services Hiring “Wall Street’s most bullish economic forecasts hang on a simple prediction: everybody will flood back soon to their local gyms, bars and yoga studios as if the pandemic was in the past. A jobs boom in the vast U.S. service sector – the
February 26, 2021 Barita Investments Limited (BIL) has advised that, following the closing of the oversubscribed Derrimon Trading Company Limited (“DTL” or “Derrimon”) Additional Public Offer (APO) of shares, it now owns 20% of the issued and outstanding common shares of DTL. This minority stake acquisition sees Derrimon becoming an associate company of Barita Investments
February 26, 2021 Sygnus Credit Investments Limited (SCI) has declared a dividend of US$0.00147 per share payable on April 1, 2021 to all shareholders on record as at March 15, 2021. The ex-dividend date will be March 12, 2021. Ordinary shareholders who hold J$ shares will be paid the J$ equivalent of the US$ dividend
February 26, 2021 Supreme Ventures Limited (SVL) has declared a dividend of twenty-eight cents ($0.28) per stock unit payable on March 23, 2021 to shareholders on record as at March 15, 2021. The ex-dividend date is March 12, 2021. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views
February 26, 2021 Mr. Barrington Whyte, Director at Caribbean Assurance Brokers, highlighted the Company’s financial performance for the third quarter of 2019. Mr. Whyte stated that, “the 2019 financial year has been a solid year for Caribbean Assurance Brokers Limited”. Notably, the performance was due to the company experiencing growth in three out of its
