21 05, 2024

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for May 20, 2024

2024-05-21T16:27:00-05:00

May 21, 2024 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for May 20, 2024, was J$13.25.  MJE’s closing price on May 20, 2024 was $10.44. The below graph shows MJE’s Net Asset Value movement since 2020.   Disclaimer: Analyst Certification - The views expressed in this research report

Mayberry Jamaican Equities Limited (MJE) – Daily Net Asset Value (NAV) for May 20, 20242024-05-21T16:27:00-05:00
21 05, 2024

JETCON reports 50% decrease in three months net loss

2024-05-21T15:53:10-05:00

May 21, 2024 Jetcon Corporation Limited (JETCON) Unaudited financials for the three months ended March 31, 2024: Jetcon Corporation Limited (JETCON) for the three months ended March 31, 2024, reported a 24% decrease in Revenue totaling $136.44 million compared to $179.71 million in the corresponding period last year. Cost of Sales amounted to $112.38 million

JETCON reports 50% decrease in three months net loss2024-05-21T15:53:10-05:00
21 05, 2024

VMIL reports 72% decline in year net profit

2024-05-21T15:37:32-05:00

May 21, 2024   VM Investments Limited (VMIL) for the year ended December 31, 2023, reported an 8% increase in Interest Income totaling $1.51 billion compared to $1.40 billion in the corresponding period last year. Interest Income for the fourth quarter had a 49% decline to close at $190.79 million compared to $373.08 million for

VMIL reports 72% decline in year net profit2024-05-21T15:37:32-05:00
21 05, 2024

Special Advisory: Lumber Depot Limited (LUMBER)

2024-05-21T15:14:41-05:00

May 21, 2024   Lumber Depot Limited (LUMBER) has advised that it has acquired a 35% interest in Atlantic Hardware & Plumbing Company Limited (“Atlantic”). Atlantic is a 30-year-old Jamaican company that is engaged in the wholesaling and distribution of hardware, building materials, plumbing, electrical, tools, and supplies to hardware stores, contractors, and developers across

Special Advisory: Lumber Depot Limited (LUMBER)2024-05-21T15:14:41-05:00
21 05, 2024

JETCON reports year end net loss of $4.51 million

2024-05-21T13:51:24-05:00

May 21, 2024 Jetcon Corporation Limited(JETCON) Audited financials for the year ended December 31, 2023: Jetcon Corporation Limited (JETCON) reported a 35% decrease in turnover totaling $672.52 million for the year ended December 31, 2023, compared to $1.03 billion in the corresponding period last year. This 35% year-over-year decline can be attributed to increasing competition

JETCON reports year end net loss of $4.51 million2024-05-21T13:51:24-05:00
21 05, 2024

International trade in goods for Euro area surplus €24.1 bn

2024-05-21T15:38:12-05:00

May 21, 2024 According to preliminary estimates of the euro area balance, the surplus in goods trade with the rest of the world in March 2024 was €24.1 billion, up from +€19.1 billion in March 2023. March 2024 saw €245.4 billion in goods exported from the euro area to the rest of the world, a

International trade in goods for Euro area surplus €24.1 bn2024-05-21T15:38:12-05:00
21 05, 2024

SPURTREE reports 31% decline in year end net profit attributable to shareholders

2024-05-21T09:56:41-05:00

May 21, 2024 Spur Tree Spices Jamaica Limited (SPURTREE) Audited financials for the year ended December 31, 2023: Spur Tree Spices Jamaica Limited (SPURTREE) for the year ended December 31, 2023, reported a 42% increase in Revenue totalling $1.46 billion compared to $ in the corresponding period last year. Cost of Sales amounted to $1.05

SPURTREE reports 31% decline in year end net profit attributable to shareholders2024-05-21T09:56:41-05:00
21 05, 2024

MAILPAC reports 17% decrease in three months net profit

2024-05-21T09:56:03-05:00

May 21, 2024 MAILPAC Group Limited (MAILPAC) Unaudited financials for the first quarter ended March 31, 2024: MAILPAC Group Limited (MAILPAC) for the first quarter ended March 31, 2024, reported a 7% decrease in revenue totalling $368.50 million compared to $398.01 million in the corresponding three months last year. Cost of Sales amounted to $170.60

MAILPAC reports 17% decrease in three months net profit2024-05-21T09:56:03-05:00
21 05, 2024

PULS reports 16% decline in nine months net profit

2024-05-21T09:33:59-05:00

May 21, 2024 Pulse Investments Limited (PULS) for the nine months ended March 31, 2024, reported a 7% increase in Turnover totaling $845.45 million compared to $793.14 million in the corresponding period last year. Turnover for the third quarter had an 8% increase to close at $293.23 million compared to $270.55 million for the comparable

PULS reports 16% decline in nine months net profit2024-05-21T09:33:59-05:00
21 05, 2024

BOJ maintains Policy Interest Rate at 7%

2024-05-21T09:13:43-05:00

May 21, 2024   At its meetings on May 16-17, 2024, the Bank of Jamaica's Monetary Policy Committee (MPC) decided to keep the policy interest rate at 7.0%, ensure stability in the foreign exchange market, and maintain tight Jamaican dollar liquidity. This decision was influenced by the 5.3% inflation rate from April 2023 to April

BOJ maintains Policy Interest Rate at 7%2024-05-21T09:13:43-05:00