February 9, 2021 Lasco Financial Services Limited (LASF), for the nine months ended December 31, 2020 recorded trading income of $1.67 billion; this represented a 11% decrease when compared to $1.82 billion posted in 2019, while trading income for the quarter amounted to $527.18 million (2019: $600.68 million). Other income decreased to $13.03 million versus
United States: Biden Warms to Fast-Track Stimulus After Liberal Pressure Mounts “President Joe Biden and White House officials are siding with liberal Democrats stung by past efforts to reach compromise with Republicans and refusing to heed GOP appeals to scale back the administration’s $1.9 trillion stimulus. Biden entered talks last week with a group of
February 08, 2020 GraceKennedy Limited (GK) has advised that pursuant to the terms of the GraceKennedy ‘2009 Stock Option plan for Directors, Managers and Employees’, approved by the Stockholders of the Company at an Annual General Meeting held on May 27, 2009 and as part of the Long Term Incentive Scheme for the employees of
February 08, 2021 Seprod Limited (SEP) has advised that its Board of Directors, at a meeting scheduled to be held on February 22, 2021, will consider the payment of a dividend. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer
February 08, 2021 Wisynco Group Limited (WISYNCO) has advised that a connected party sold 250,000 WISYNCO shares on February 5, 2021. 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
February 8, 2021 Jamaica’s Net International Reserves (NIR) totalled US$2,982.80 million as at January 2021, reflecting a decrease of US$147.99 million relative to the US$3,130.79 million reported at the end of December 2020 (see figure 1). This change in the NIR resulted from a US$147.64 million decrease in Foreign Assets which total US$3,938.11 million compared
February 08, 2021 Lasco Distributors Limited (LASD), for the nine months ended December 31, 2020, posted 6% growth in revenue to $15.23 billion, up from $14.30 billion in the corresponding period in 2019. For the quarter, revenue also increased by 6% closing at $5.17 billion (2019: $4.90 billion). Cost of sales amounted to $12.44 billion,
February 08, 2021 Jamaican Teas Limited (JAMT) reported a 41% increase in revenues to total $610.56 million (2019: $433.08 million). JAMT stated that this increase was “due to increased export sales which almost doubled from a year ago. The Real Estate Division contributed to the improved profits following completion of our Manor Park apartment complex.
February 08, 2021 Operating revenue increased by 7% amounting to $333.92 million in the six months period relative to $312.48 million in the prior year. For the quarter, operating revenue closed at $167.24 million (2019: $163.21 million). Administrative and other expenses amounted to $123.85 million compared to $127.41 million, a 3% decrease year over year.
February 8, 2021 Weekly Picks 8.02.21 GENAC 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, is,
