May 11, 2022 KEY Insurance Company Limited (KEY) for the quarter ended March 31, 2022, reported a 13% increase in net premiums written to $362.14 million from $319.51 million reported in 2021. The Company recorded a 20% increase in gross premiums written from $414.77 million in 2021 to $499.74 million for the quarter ended March 31, 2022. Reinsurance ceded for
May 11, 2022 Guardian Holdings Limited (GHL) has advised that Mr. Eric Hosin, who presently holds the position of President, Guardian Life Limited will be appointed to the position of Group Head of Life, Health and Pensions and Ms. Meghon Miller-Brown will be appointed to the position of President, Guardian Life Limited. Both appointments will be
May 11, 2022 Edufocal Limited (LEARN), for the three months ended March 31, 2022, reported revenue of $60.92 million, 81% more than the $33.60 million reported in the previous corresponding period. LEARN noted, “This increase is indicative of our continued growth in business sales.” Administrative and Operating expenses increased by 48% to $45.06 million relative
May 11, 2022 Salada Foods Jamaica Limited (SALF), recorded a 10% increase in turnover for the six months to close at $635.27 million (2021: $579.30 million). Management stated, “Gross Revenue for the half-year was $635.3 million, a 10% increase over the prior year of $579.3 million. By increasing promotional efforts, the Company quickly adapted to
May 10, 2022 Kingston Properties Limited, for the three months period, reported rental income of US$797,770, 12% more than the US$709,695 reported in the previous corresponding period. KPREIT noted, “The higher year on year figure was mainly due to achieving higher occupancy levels at our properties in Jamaica and the Cayman Islands, as well as increases
May 10, 2022 Fontana Limited (FTNA) has advised that dividends will be considered at a Board of Directors’ meeting to be held on Wednesday, May 25, 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
May 10, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased a total of 132,379 MJE shares during the period May 5 to 6, 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
May 10, 2022 Sagicor Group Jamaica Limited (SJ) for the three months ended March 31, 2022, reported an increase in total revenues by 3% to $23.76 billion from $23.12 billion in 2021. Total revenue is broken down as follows: Net premium revenue rose by 5% to close at $13.12 billion compared to $12.52 billion documented 2021. Net investment
May 10, 2022 NCB Financial Group Limited (NCBFG), for the six months ended March 31, 2022, booked a 19% increase in net interest income to total $32.38 billion relative to the $27.10 billion booked the corresponding period in 2021. NCBFG noted, “This reflects continued growth in lending and higher investment securities coupled with effective interest
May 09, 2022 IronRock Insurance Company Limited (ROC), for the three months ended March 31, 2022, recorded gross premiums of $260.99 million relative $198.65 million booked twelve months earlier; a 31% increase when compared against Q1 of 2021. Of the premiums written in Q1 FY22, $212.08 million was proportionally reinsured. In Q1 of 2021, IronRock
