16 11, 2022

Special Advisory: EquityLine Mortgage Investment Corporation (ELMIC)

2022-11-16T14:22:50-05:00

November 16, 2022   EquityLine Mortgage Investment Corporation (ELMIC) has advised that Brian Koscak has joined the Board as an independent Director effective November 10, 2022.   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

Special Advisory: EquityLine Mortgage Investment Corporation (ELMIC)2022-11-16T14:22:50-05:00
16 11, 2022

SEP reports 32.23% increase in nine months net profit attributable to stockholders

2022-11-16T14:13:08-05:00

November 16, 2022 Seprod Limited (SEP) Unaudited Financials for the Nine Months ended September 30, 2022: Seprod Limited (SEP), for the nine months ended September 30, 2022, revenue totalled $51.44 billion compared to the $31.15 billion recorded for the same period of the prior financial year; this represents a 65.13% increase year over year. Revenue for

SEP reports 32.23% increase in nine months net profit attributable to stockholders2022-11-16T14:13:08-05:00
16 11, 2022

SML reports 10% decline in nine months net profit

2022-11-16T13:31:20-05:00

November 16, 2022 Stanley Motta Limited (SML) for the nine months ended September 30, 2022, booked a 2% increase in revenue to total $373.42 million compared to $365.40 million for the same period in 2021. For the third quarter revenue increased 2% to $123.34 million in 2022 compared to $121.37 million the previous year. SML

SML reports 10% decline in nine months net profit2022-11-16T13:31:20-05:00
16 11, 2022

GWEST reports six-month net loss of $19.52 million

2022-11-16T10:45:34-05:00

November 16, 2022   GWEST Corporation Limited (GWEST), for the six months ended September 30, 2022 reported revenue of $87.13 million (2021: $72.96 million), an increase of 19% year over year. For the quarter, it totalled $43.70 million (2021: $41.97 million), a 4% increase year over year. Management noted that the upward movement was “mainly

GWEST reports six-month net loss of $19.52 million2022-11-16T10:45:34-05:00
16 11, 2022

ICREATE reports 506% increase in nine months net profit

2022-11-16T10:44:34-05:00

November 16, 2022 iCreate Limited (ICREATE) Unaudited Financial for the nine months ended September 30, 2022: iCreate Limited (ICREATE) for the nine months ended September 30, 2022 reported revenues of $107.31 million, 237% up from $31.83 million reported a year ago. For the quarter, ICREATE posted revenue of $26.42 million (2021: $7.97 million). Management noted, “This strong

ICREATE reports 506% increase in nine months net profit2022-11-16T10:44:34-05:00
16 11, 2022

JP reports nine months net profit of $2.69 billion

2022-11-16T10:22:23-05:00

November 16, 2022 Jamaica Producers Group Limited (JP), for the nine months ended September 30, 2022 experienced a 20% increase in revenue to total $21.57 billion compared to the $17.98 billion reported in 2021. The Company posted 9% increase in third quarter revenue to $7.18 billion (2021: $6.58 billion). The Food & Drink Division was

JP reports nine months net profit of $2.69 billion2022-11-16T10:22:23-05:00
15 11, 2022

JMMBGL reports six-month net profit attributable to shareholders of $3.47 billion

2022-11-15T17:46:46-05:00

November 15, 2022   JMMB Group Limited (JMMBGL) for the six months ended September 30, 2022, booked net interest income of $5.70 billion (2021: $5.82 billion), a decline of 2% year over year. For the quarter, it declined 6% to close at $2.79 billion (2021: $2.96 billion).  Of the six-month net interest income: Interest income

JMMBGL reports six-month net profit attributable to shareholders of $3.47 billion2022-11-15T17:46:46-05:00
15 11, 2022

XFUND reports 24% decrease in nine months net profit

2022-11-15T16:13:07-05:00

November 15, 2022 Sagicor Real Estate XFUND Limited (XFUND)  For the nine months ended September 30, 2022 Sagicor Real Estate XFUND Limited (XFUND), for the nine months ended September 30, 2022, reported total revenue of $5.17 billion relative to $3.91 billion reported in 2021, a 32% increase year over year. Revenue for the quarter increased

XFUND reports 24% decrease in nine months net profit2022-11-15T16:13:07-05:00
15 11, 2022

ROC reports nine months net loss of $12.62 million

2022-11-15T16:03:49-05:00

November 15, 2022 IronRock Insurance Company Limited (ROC), for the nine months ended September 30, 2022 posted gross premium of $759.65 million relative $620.54 million; this represents a 22% increase year over year. For the third quarter gross premium rose by 27% to total $265.42 million compared to $209.40 million in 2021. Proportional reinsurance amounted

ROC reports nine months net loss of $12.62 million2022-11-15T16:03:49-05:00
15 11, 2022

KW reports nine months net profit attributable to shareholders of $2.03 billion

2022-11-15T16:01:20-05:00

November 15, 2022 For the nine months ended September 30, 2022, Kingston Wharves’ revenue totaled $7.01 billion a 14% increase when compared to $6.14 billion for the corresponding period of the prior year, while revenue for the third quarter climbed 10% to $2.45 billion (2021: $2.22 billion). The Terminal Operations division generated operating revenue of $5.60

KW reports nine months net profit attributable to shareholders of $2.03 billion2022-11-15T16:01:20-05:00