November 13, 2020 Jamaican Teas Ltd (JAMT) Financial Statements for the Year Ended September 30, 2020: Jamaican Teas Limited (JAMT) reported a 70% increase in revenues to total $2.20 billion (2019: $1.29 billion). For the quarter, revenues amounted to $786.74 million (2019: $282.07 million). JAMT highlighted that, “The sale of 12 units at the Manor
November 13, 2020 Carreras Limited (CAR) Financial Statements for the Six Months Ended September 30, 2020: Carreras Limited, for the six months ended September 30, 2020, reported Operating Revenue of $6.15 billion, a 7% decline relative to $6.64 billion booked in 2019. Revenue for the quarter closed at $3.46 billion, compared to $3.19 billion reported
November 13, 2020 For the year ended September 30, 2020, Cargo Handlers Limited (CHL) revenue for the year reduced by 23% year over year to $283.46 million versus $366.45 million booked for 2019. Revenue for the quarter contracted 23% to $54.31 million versus $70.59 million booked for the same quarter of 2019. CHL noted, “The
November 13, 2020 tTech Limited (tTech), for the nine months ended September 30, 2020, booked a marginal increase in revenues to $262.63 million compared to $262.08 million recorded for the prior financial year’s corresponding period. Revenue for the third quarter declined 12% to $92.35 million relative to $105.17 million for the same quarter of 2019.
November 13, 2020 Victoria Mutual Investments (VMIL) reported total interest income of $733.45 million, an increase of 19% relative to the $615.37 million recorded for the corresponding period in 2019. Interest income for the quarter improved 26% to $271.71 million relative to $216.96 million in 2019. Interest expense for the nine months amounted to $481.33
November 13, 2020 Net Interest Income increased by 18%, relative to 2019, to total $52.49 billion (2019: $44.60 billion). While, for the quarter, net interest income closed at $14.85 billion (2019: $14.34 billion). Net Fees and Commission Income amounted to $21.37 billion, an increase of 11% on 2019’s $19.18 billion. NCBFG indicated, “improvements in net
November 12, 2020 QWI Investments Limited (QWI) has advised that a connected party purchased 2,500,000 QWI shares on November 9, 2020. 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
November 12, 2020 JMMB Group Limited (JMMBGL): The Board of Directors of JMMBGL at its meeting held on Monday, November 9, 2020, granted approval for the Company to conduct a public offering of Cumulative Redeemable Preference Shares (the “Offer”). The Offer is being made in Jamaica only, and the distribution of the Prospectus shall only
November 12, 2020 General Accident Insurance Company Jamaica Limited (GENAC) has advised that its Board of Directors will meet on November 18, 2020 to consider the payment of dividends to stockholders. 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
November 12, 2020 Jamaica Stock Exchange Limited (JSE), for the nine months ended September 30, 2020 recorded total revenue of $1.26 billion, a 9% decrease when compared to the $1.39 billion booked for the prior year’s similar period. While total revenue for the quarter amounted to $373.24 million (2019: $515 million). Of this: Cess income fell by 55%
