August 18, 2020 Revenue for the first quarter of the 2020 financial year declined by 13% to $4.91 million (2019: $5.67 million). Other operating income decreased in the first quarter of 2020 to $24.77 million. This compares to $26.12 million for prior year’s period, representing a decrease of 5% year over year. As a result,
August 18, 2020 Eppley Caribbean Property Fund Limited (CPFV), for the nine months ended June 30, 2020 reported net rental income of $2.15 million (2019: $1.10 million), a 96% increase year over year. In addition, share of profit of investments accounted for using the equity method decreased from $1.60 million in 2019 to $1.17 million for
August 18, 2020 iCreate Limited (ICREATE) for the six months ended June 30, 2020 reported revenues of $39.27 million, up from $25.02 million reported a year ago. For the quarter, ICREATE posted revenue of $14.76 million (2019: $13.13 million). Management noted that, “this 6-month total also represents 85.1% of total revenues for 2019, despite a significant decline
August 18, 2020 Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered to deposit-taking institutions on overnight placements with Bank of Jamaica) unchanged at 0.50 per cent per annum, effective Wednesday, 19 August 2020. Bank of Jamaica’s monetary policy decisions are aimed at ensuring that the annual increase in the prices
August 18, 2020 Sagicor Group Jamaica Limited (SJ) has advised that two Executives sold a total of 73,553 SJ shares on August 17, 2020. 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.
August 18, 2020 Kingston Wharves Limited (KW) has advised that a connected party sold 1,900,000 KW shares on August 14, 2020. 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
August 18, 2020 Caribbean Flavours & Fragrances Limited (CFF) has declared a dividend of $0.25 per share payable on September 11, 2020 to shareholders on record as at August 28, 2020. The ex-dividend date is August 27, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research
August 18, 2020 1834 Investments Limited (1834) has advised that the following appointments were approved at a Board of Directors’ meeting held on July 30, 2020: 1. Joseph M. Matalon, CD was elected Chairman of the Board of Directors 2. Hon. Douglas R. Orane, CD was elected Vice Chairman of the Board of Directors 3. Monica Ladd
August 18, 2020 Salada Foods Jamaica Limited (SALF) has advised that the Company received a letter from the Jamaica Agricultural Commodities Regulatory Authority (JACRA) directing the Company, pursuant to the Jamaica Agricultural Commodities Regulatory Authority Regulations 2018 Section 19, to now include 30% local coffee content in the formulation of its instant coffee powder with effect on
August 18, 2020 K.L.E Group Limited (KLE), for the six months ended June 30, 2020, the Company recorded a total revenue of $80.45 million (2019: $101.87 million), representing a 21% decrease in revenue. For the second quarter revenues decreased 85% to total $7.78 million (2019: $52.15 million). Cost of sales went down by 16% to $24.64 million
