February 15, 2022 In United States dollars (except where it is indicated otherwise): Sygnus Credit Investments Limited, for the six months ended December 31, 2021, reported Interest Income of US$4.70 million 31% increase on the US$3.60 million recorded in 2020. For the quarter, Interest Income rose 29% to US$2.46 million (2020: US$1.90 million). Interest expense
February 14, 2022 General Accident Insurance Company Limited (GENAC), for the year ended December 31, 2021 reported gross premium written of $13.96 billion, 16% higher than the $12.05 billion reported for 2020. Reinsurance ceded also rose by 16% to close at $10.48 billion relative to $9.07 billion booked in 2020. Excess of loss reinsurance trended
February 14, 2022 Carreras Limited, for the nine months ended December 31, 2021, reported Operating Revenue of $11.72 billion, a 15% increase relative to $10.16 billion booked in 2021. Revenue for the quarter closed at $4.53 billion, compared to $4 billion reported for the second quarter of 2020. Cost of Operating Revenue rose year over year by
February 14, 2022 In United States dollars (except where it is indicated otherwise) Proven Investments Limited (PROVEN) for the nine months ended December 31, 2021 reported interest income of $8.37 million, a 2% decrease when compared with the $8.54 million reported for the same period in 2020. Interest expense for the period amounted to $5.43 million, a 14% decrease when
February 14, 2022 Medical Disposables & Supplies Limited, for the nine months ended December 31, 2021 reported Revenue amounting $2.49 billion, an increase of 41%, relative to $1.77 billion booked the previous year. For the third quarter revenues totaled $874.63 million up 40% year over year (2020: $626.08 million). MDS noted, “This increase in sales
February 14, 2022 JMMB Group Limited (JMMBGL) for the nine months ended December 31, 2021 recorded net interest income of $8.98 billion, an 18% increase when compared with $7.58 billion recorded for the corresponding period in 2020. Interest expenses increased 26% to total $11.68 billion relative to the $9.24 billion recorded for the same period in 2020. Net
February 14, 2022 Figures are quoted in United States dollars (except where it is indicated otherwise): Transjamaican Highway Limited (TJH), for the year ended December 31, 2021, reported a 16% increase in revenue to US$52.76 million relative to US$45.38 million in the corresponding period last year. Revenue for the fourth quarter amounted to US$15.29 million
February 14, 2022 Weekly Picks 14.02.2022 JMMBGL 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 analyst (s) also certify that no part of their compensation was, is,
February 11, 2022 The Consumer Price Index for All Urban Consumers (CPI-U) climbed 0.6 percent on a seasonally adjusted basis in January, according to the U.S. Bureau of Labor Statistics. Before seasonal adjustment, the all items index gained 7.5 percent over the previous 12 months. Food, electricity, and shelter index increases were the major contributors
February 10, 2022 Jamaican Teas Limited (JAMT) reported a 2% decline in revenues to total $596.10 million (2020: $610.56 million). JAMT stated, “Our first quarter results were modestly down from the prior year. Sales improved in all the divisions except the Real Estate division. Sales in the local manufacturing division rose 19.5 percent but export
