May 17, 2023 Kingston Wharves Limited (KW) for the three ended March 31, 2023 reported total revenue of $2.29 billion, a 2% increase relative to the $2.25 billion recorded for the corresponding period in 2022. Gross profit for the quarter remained relatively flat at $1.10 billion as cost of sales grew 4% year over year
May 17, 2023 United States: US Housing Starts Rise in Sign Home Construction Is Stabilizing US housing starts increased in April, adding to evidence that residential real estate is gradually recovering after a yearlong slump. Beginning home construction rose 2.2% to a 1.4 million annualized rate, according to government data released Wednesday. Single-family homebuilding increased
May 16, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for May 15, 2023, was J$14.66. MJE’s last traded price on May 15, 2023 was $10.01. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
May 16, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for May 12, 2023, was J$14.93. MJE’s last traded price on May 12, 2023 was $10.50. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
May 16, 2023 FirstRock Real Estate Investments Limited (FIRSTROCK) for the three months ended March 31, 2023: Net operating income declined 68% to US$1.20 million (2022: US$3.78 million) following a 75% decline in property income to US$955,635 (2022: US$3.82 million). The contraction was due to the reported US$869,179 in realised and unrealised gain/(loss) on
May 16, 2023 Caribbean Producers (Jamaica) Limited (CPJ) has advised that its Board of Directors approved the appointment of Mr. Stephen Dear as an Independent Executive Director effective May 9, 2023. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
May 16, 2023 Honey Bun (1982) Limited for the six months ended March 31, 2023 period reported revenues of $1.69 billion, 23% up from the $1.37 billion reported a year ago. The Company had a 19% increase in cost of sales to close at $962.65 million (2022: $810.69 million). Despite this, gross profit went up
May 16, 2023 Caribbean Flavours and Fragrances Limited (CFF) for the three months ended March 31, 2023: Revenue increased 22% to $212.83 million (2022: $174.16 million). Management noted that growth in exports from the Company continued during the review period, primarily in the Eastern Caribbean. Gross profit increased 21% to $68.60 million (2022: $56.83
May 16, 2023 Cargo Handlers Limited (CHL) for the six months ended March 31, 2023: Revenue increased 27% to $287.94 million (2022: $227.07 million). For the quarter, revenue increased 40% to $153.60 million (2022: $110.08 million). CHL's gross profit rose 26% to $285.36 million, up from $227.07 million recorded in 2022. For the quarter,
May 16, 2023 United States: US Retail Sales Increase in Sign of Steady Consumer Spending US retail sales increased in April, suggesting consumer spending is holding up in the face of economic headwinds including inflation and high borrowing costs. The value of retail purchases rose 0.4% after an upwardly revised 0.7% decrease in March, Commerce
