August 13, 2020 For the nine months ended June 30, 2020, Honey Bun (1982) Limited reported revenues of $1.24 billion, 6% up from $1.17 billion reported a year ago. For the quarter, revenues dropped by 7% to $367.42 million (2019: $394.49 million). HONBUN noted, “The revenue decline was mainly due to many customers in
August 13, 2020 Jamaican Teas Limited (JAMT) has advised that the Directors of the Company have resolved to pay a capital distribution of $0.06 per share on October 15, 2020 to shareholders on record as at October 1, 2020. The ex-dividend date is September 30, 2020. Analyst Certification -The views expressed in this research report accurately reflect
August 13, 2020 Cargo Handlers Limited (CHL) has declared an interim dividend of $0.07 per stock unit payable on September 21, 2020 to stockholders on record as at August 27, 2020. The ex-dividend date is August 26, 2020 Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research
August 13, 2020 PanJam Investment Limited (PJAM) has advised that its Board of Directors met on August 12, 2020 and among the items discussed was the declaration of an interim dividend. After discussion, it was agreed that no dividend would be declared at this time and that the matter would be further assessed at the next Board
August 13, 2020 Mayberry Investments Limited (MIL) has advised that Ms. Tania Waldron-Gooden has resigned from her post as Director – Investment Banking effective September 30, 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
United States: U.S. Jobless Claims Below 1 Million for First Time in Pandemic “The number of Americans applying for unemployment benefits fell below 1 million for the first time since the pandemic began in March, suggesting the economic recovery is gaining some traction amid a deceleration in coronavirus infections. Initial jobless claims in regular state
August 12, 2020 Jamaican Teas Limited (JAMT), for the nine months ended June 30, 2020, reported a 40% increase in revenues to total $1.41 billion (2019: $1.01 billion). For the quarter, revenues amounted to $505.96 million compared to $316.67 million in the previous corresponding quarter. Notably, Management stated that, “$117 million of this increase arose
August 12, 2020 Caribbean Assurance Brokers (CABROKERS), for the six months ended June 30, 2020, reported revenue of $139.61 million compared to the $148 million booked for the prior year, a 6% decrease. For the quarter, revenue went down by 5% closing at $69.52 million (2019: $73.09 million). Other operating income totalled $14.54 million (2019:
August 12, 2020 Salada Foods Jamaica Limited (SALF), for the nine months ended June 30, 2020 recorded a 6% increase in turnover to close at $819.55 million (2019: $769.64 million). Management stated, “despite the pandemic, our exports and contract manufacturing business segments continue to perform well and are the growth drivers.” As for the
Sterling Investments Limited (SIL) for the six months ended June 30, 2020 reported interest income of $57.70 million, a 25% increase compared to $46.10 million booked twelve months earlier. Interest income for the quarter closed at $30 million compared to $24.27 million reported for the same quarter of 2019. Foreign exchange gain amounted to $64.29 million,
