Date: March 02, 2020 Sagicor Select Fund Manufacturing & Distribution (SELECTMD) for the twelve months ended December 31, 2019 reported net investment income of $200.56 million. While for the quarter, net investment income amounted to $152.79 million. Fees and other income closed the twelve months period at $220,000, however for the quarter, fees and other
March 02, 2020 Sterling Investments Limited (SIL) for the year ended December 31, 2019 reported a 34% increase in total revenue to $148.37 million compared to $110.45 million recorded for the corresponding period in 2018. The Company noted that, “the increase reflected increased foreign exchange earnings and trading gains.” Of total revenue: Interest income closed
March 02, 2020 GraceKennedy Limited (GK) recorded revenue of $103.09 billion for the period (2018: $97.54 billion), a year over year increase of 6%. Revenue for the quarter of 2019 improved by 10% to $26.06 billion (2018: $23.72 billion). GK highlighted that, “this is a historic achievement, the first time that the Group has surpassed
March 02, 2020 Sagicor Select Funds Limited (SELECTF), for the year ended December 31, 2019 reported net investment income of $1.04 billion. Dividend income closed the year ended December 31, 2019 at $104.23 million, moreover, other net changes in fair value on financial assets at fair value totalled $931.83 million, while investment income amounted to
March 02, 2020 Caribbean Flavours and Fragrances (CFF), revenues increased to $462.46 million for the twelve months ended December 31, 2019. Cost of sales amounted to $323.30 million. Management noted, “the company faced significant increase in logistics costs and increases from suppliers this resulted in substantial increases in cost of sales.” Consequently, gross profit amounted
March 02, 2020 Jetcon Corporation Limited (JETCON), for the twelve months ended December 31, 2019, reported a 12% decline in turnover for the twelve months to $1.03 billion (2018: $1.16 billion), while for the fourth quarter revenues rose by 4% to $278.68 million in 2019 from $269.18 million in 2018. Cost of sales also decreased
Date: March 02, 2020 GWEST Corporation Limited (GWEST) has advised that Mrs. Karen Christie-Harris has resigned from the position of Chief Accountant effective January 31, 2020 to pursue other interests external to the Company. GWEST has further advised that the functions of Chief Accountant have been assumed by the Acting Chief Financial Officer of the
Date: March 02, 2020 Pulse Investments Limited (PULS) has advised that at a Board of Directors’ meeting held on Wednesday, February 26, 2020, the following resolution was considered and passed: That the stock in PULS be split, on the basis that 3 (three) additional shares be issued to shareholders for every share currently held by
Date: March 02, 2020 The Jamaica Stock Exchange Limited (JSE) has advised that a Board of Directors’ meeting will be held on March 11, 2020 to consider the payment of a dividend. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
Date: March 02, 2020 Victoria Mutual Investments Limited (VMIL) has declared an interim dividend of $0.03 per share payable on March 27, 2020 to shareholders on record as at March 13, 2020. The ex-dividend date is March 12, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of
