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2 03, 2020

CFF reports 44% decline in net profit for the twelve months ended December 31, 2019

2020-03-02T18:41:49-05:00

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

CFF reports 44% decline in net profit for the twelve months ended December 31, 20192020-03-02T18:41:49-05:00
2 03, 2020

JETCON reports 34% decrease in year end net profits

2020-03-02T18:41:59-05:00

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

JETCON reports 34% decrease in year end net profits2020-03-02T18:41:59-05:00
2 03, 2020

Board Resignation/Board Appointment: GWEST Corporation Limited (GWEST)

2020-03-02T17:38:12-05:00

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

Board Resignation/Board Appointment: GWEST Corporation Limited (GWEST)2020-03-02T17:38:12-05:00
2 03, 2020

Special Advisory: Pulse Investments Limited (PULS)

2020-03-02T17:37:05-05:00

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

Special Advisory: Pulse Investments Limited (PULS)2020-03-02T17:37:05-05:00
2 03, 2020

Dividend Consideration: The Jamaica Stock Exchange Limited (JSE)

2020-03-03T09:18:57-05:00

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

Dividend Consideration: The Jamaica Stock Exchange Limited (JSE)2020-03-03T09:18:57-05:00
2 03, 2020

Dividend Declaration: Victoria Mutual Investments Limited (VMIL)

2020-03-02T17:34:10-05:00

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

Dividend Declaration: Victoria Mutual Investments Limited (VMIL)2020-03-02T17:34:10-05:00
2 03, 2020

Dividend Declaration: GraceKennedy Limited (GK)

2020-03-02T17:30:53-05:00

Date: March 02, 2020 GraceKennedy Limited (GK) has declared an interim dividend of 40 cents per stock unit to be paid on April 6, 2020 to stockholders on record at the close of business on March 16, 2020. The ex-dividend date will be March 13, 2020.   Analyst Certification -The views expressed in this research

Dividend Declaration: GraceKennedy Limited (GK)2020-03-02T17:30:53-05:00
2 03, 2020

JSE reports 26% increase in year end net profits

2020-03-02T16:49:25-05:00

March 02, 2020 JSE recorded total revenue of $1.87 billion, a 35% increase when compared to the $1.39 billion booked the prior year. Of this: Cess income rose by 41% to $697.32 million relative to $494.71 million the previous year. Fee income grew by 29% to $1.05 billion to close the year, compared to $808.15

JSE reports 26% increase in year end net profits2020-03-02T16:49:25-05:00
2 03, 2020

SOS reports 47% increase in year end net profits

2020-03-02T16:38:05-05:00

Date: March 02, 2020 Stationery & Office Supplies Ltd. (SOS), for the year ended December 31, 2019, reported year end revenue of $1.22 billion relative to $1.06 billion in 2018, a 14% increase, while for the fourth quarter revenues moved from $262.92 million in 2018 to $284.77 million in 2019. The company’s cost of sales totaled

SOS reports 47% increase in year end net profits2020-03-02T16:38:05-05:00
2 03, 2020

DTL reports 9% increase in year end net profit

2020-03-02T16:34:53-05:00

Date: March 02, 2020 Derrimon Trading Limited (DTL), for the year ended December 31, 2019, reported trading income of $12.65 billion compared to the $9.30 billion for the prior comparable period, a 36% increase. For the quarter, trading income went up grossly by 5%  closing at $3.12 billion (2018: $2.96 billion). Cost of sales increased

DTL reports 9% increase in year end net profit2020-03-02T16:34:53-05:00