12 05, 2023

Special Advisory: Massy Holdings Ltd. (MASSY)

2023-05-12T15:43:51-05:00

May 12, 2023   Massy Holdings Ltd. (MASSY) has advised the following: The appointment of Mr. James McLetchie as an Executive Director effective August 15, 2023. Robert Bermudez retired as Chairman and Independent Dire­ctor effective May 11, 2023 and Robert Riley was elected Chairman effective May 12, 2023.   Disclaimer: Analyst Certification -The views expressed in

Special Advisory: Massy Holdings Ltd. (MASSY)2023-05-12T15:43:51-05:00
12 05, 2023

Dividend Declaration: Grace Kennedy Limited (GK)

2023-05-12T15:38:25-05:00

May 12, 2023   GraceKennedy Limited (GK) has declared an interim dividend of 50 cents per stock unit payable on June 16, 2023 to stockholders on record as at May 26, 2023. The ex-dividend date is May 25, 2023.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views

Dividend Declaration: Grace Kennedy Limited (GK)2023-05-12T15:38:25-05:00
12 05, 2023

SIL reports 56% decrease in first quarter net profit

2023-05-12T15:49:28-05:00

Sterling Investments Limited (SIL) for the three months ended March 31, 2023, reported an 18% decrease in total revenue to $29.88 million compared to $36.59 million recorded for the corresponding period in 2022. One contributor to this was a decline in total interest income. Total interest income declined 9% from $39.64 million in the first quarter of 2022

SIL reports 56% decrease in first quarter net profit2023-05-12T15:49:28-05:00
12 05, 2023

GK books 22% increase in three-month net profit attr. to owners

2023-05-12T14:55:42-05:00

May 12, 2023   GraceKennedy Limited (GK) for the three months ended March 31, 2023: Revenues increased 8% to $39.09 billion (2022: $36.26 billion). Expenses increased 7% to 37.13 billion (2022: $34.71 billion) Profit before other income increased 27% to $1.96 billion (2022: $1.55 billion). Other income increased 2% to $920.47 million (2022: $898.96 million).

GK books 22% increase in three-month net profit attr. to owners2023-05-12T14:55:42-05:00
12 05, 2023

MAILPAC reports first quarter net profit of $60.15 million

2023-05-12T12:50:43-05:00

May 12, 2023 MailPac Group Limited (MAILPAC)’s revenue amounted to $398.01 million for the three months ended March 31, 2023, relative to $398.46 million booked in 2022. Cost of sales totalled $206.98 million (2022: $215.64 million). Gross profit amounted to $191.03 million for the period under review, 4% higher than $182.83 million booked for the corresponding

MAILPAC reports first quarter net profit of $60.15 million2023-05-12T12:50:43-05:00
12 05, 2023

MPCCEL reports first quarter net loss of US$38,811

2023-05-12T15:08:21-05:00

May 12, 2023 MPC Caribbean Clean Energy Limited (MPCCEL), for the three months ended March 31, 2022, recorded a total expense amount of US$29,133. The breakdown for total expenses is as followed: Accountancy fees closed at US$2,000 (2021: US$4,000). Administrative fees amounted to US$13,424 versus US$17,443 recorded in the corresponding quarter for 2021. Advertising Costs

MPCCEL reports first quarter net loss of US$38,8112023-05-12T15:08:21-05:00
12 05, 2023

SOS reports three-month net profit of $94.12 million

2023-05-12T15:35:57-05:00

May 12, 2023   Stationery & Office Supplies Limited (SOS) for the three months ended March 31, 2023: Revenue increased 21% to $519.18 million (2022: $427.62 million). Notably, this represents the Company’s highest quarterly revenue. Gross profit increased 24% to $270.47 million (2022: $217.81 million). Total operating expenses increased 18% to $158.78 million (2022: $134.18

SOS reports three-month net profit of $94.12 million2023-05-12T15:35:57-05:00
12 05, 2023

EFRESH reports Q1 net profit of $35.07 million

2023-05-12T11:34:53-05:00

May 13, 2023 Everything Fresh (EFRESH) for the three months ended March 31, 2023 reported total revenue of $846.25 million, a 58% increase from the $534.25 million reported in Q1 2022. Gross Profit for the period amounted to $175.62 million, growing by 63% from the $108.01 million reported in Q1 2022. Total operating expenses in

EFRESH reports Q1 net profit of $35.07 million2023-05-12T11:34:53-05:00
12 05, 2023

CPJ reports nine months net profit attributable to shareholders of US$3.58 million

2023-05-12T11:18:02-05:00

May 12, 2023 Figures are quoted in United States dollars (except where it is indicated otherwise): Caribbean Producers Jamaica Limited (CPJ) for the nine months ended March 31, 2023, reported a revenue increase of 24% from US$86.44 million in 2022, to close the period at US$107.04 million. For the third quarter, the Company posted a

CPJ reports nine months net profit attributable to shareholders of US$3.58 million2023-05-12T11:18:02-05:00
12 05, 2023

NCBFG reports 59% decline in six months net profit attributable to shareholders

2023-05-12T11:12:45-05:00

May 12, 2023 NCB Financial Group Limited (NCBFG), for the six months ended March 31, 2023, booked a 6% increase in net interest income to total $34.38 billion relative to the $32.38 billion booked the corresponding period in 2022. This increase can be attributed to growth in their loans and investments portfolios and increased transaction

NCBFG reports 59% decline in six months net profit attributable to shareholders2023-05-12T11:12:45-05:00