February 11, 2022 Tropical Battery Company Limited (TROPICAL) for the year ended December 31, 2021 recorded revenue in the amount of $661.94 million (2020: $450.99 million), 47% increase when compared to 2020. TROPICAL noted, “This increase of $211 million was achieved through an increase in balanced inventory arrivals, and a tremendous effort on the part
February 11, 2022 Cargo Handlers Limited (CHL), for the first quarter ended December 31, 2021, posted Gross Revenues totaling $116.99 million, up 43% from the $81.71 million achieved in 2020. Gain on Exchange closed at $12.77 million (2020: $595,768) . CHL reported ‘Other Loss’ for the period of $4,616 (2020: ‘Other Income’ of $173,568). Administrative Expenses for their first quarter totaled $6.18 million (2020: $6.19 million), while Other Operating Expenses stood at $46.41 million (2020: $38.56
February 10, 2022 Lasco Manufacturing Limited (LASM) for the nine months ended December 31, 2021, reported total revenue of $7.05 billion compared to $6.19 billion in 2020. Revenue increased $329.18 million or 16% to a total of $2.40 billion in the third quarter, relative to the $2.07 billion recorded for the comparable quarter in 2020.
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
February 10 2022, Sagicor Group Jamaica Limited (SJ) has advised that subsequent to approval by their Board of Directors, the Company has entered into a Definitive Agreement for the purchase of 100% of the shares in Alliance Financial Services Limited (AFSL). The deal is subject to due diligence and Regulatory approval and SJ has already
February 10, 2022 FosRich Company Limited (FOSRICH) has also advised that a Manager purchased 10,500 FOSRICH shares on January 28, 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 the date of this report. Each research
February 10, 2022 Supreme Ventures Limited (SVL) has advised that a connected party sold 50,000 SVL shares on February 9, 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 the date of this report. Each research
February 9, 2022 Mailpac Group Limited (MAILPAC)’s revenue amounted to $1.82 billion for the twelve months ended December 31, 2021, 5% greater than $1.73 billion booked for 2020 year end. While, for the quarter, revenues closed at $501.73 million (2020: $512.14 million), 2% lower than the corresponding quarter due to a decline in “online shopping during
February 09, 2022 Future Energy Source Company Limited (FESCO) reported $8.01 billion in turnover relative to the $4.35 billion reported in 2020, representing a 84% increase. For their third quarter FESCO recorded a 139% increase in revenue to $3.68 billion from $1.54 billion reported for the corresponding period in 2020. Cost of sales amounted to $7.76
February 9, 2022 Lasco Financial Services Limited (LASF), for the nine months ended December 31, 2021 recorded trading income of $1.75 billion; this represented a 4% increase when compared to $1.67 billion posted in 2020, while trading income for the quarter amounted to $668.38 million (2020: $527.18 million). Other income increased significantly to $88.36 million
