2 03, 2021

tTech reports 9% decrease in year end net profit

2021-03-02T14:37:43-05:00

March 2, 2021 tTech Limited (tTech) for the twelve months ended December 31, 2020; booked a 6% increase in revenues to $359.48 million compared to $340.37 million for the prior financial year. Revenue for the quarter closed at $96.85 million relative to $78.28 million in 2019. Cost of sales rose by 20% to $113.99 million

tTech reports 9% decrease in year end net profit2021-03-02T14:37:43-05:00
2 03, 2021

KPREIT reports 72% decrease in year end net profit

2021-03-02T12:16:02-05:00

March 02, 2021 Kingston Properties Limited, for the year ended December 31, 2020, reported Rental Income of USD$2.13 million, 26% more than the USD$1.69 million reported for 2019. Rental income for the fourth quarter amounted to USD$659,906 (2019: USD$427,249). Operating expenses rose 8% to USD$1.10 million relative to the USD$1.02 million posted for the same

KPREIT reports 72% decrease in year end net profit2021-03-02T12:16:02-05:00
2 03, 2021

BRG reports 60% decline in year end net profit

2021-03-02T12:12:57-05:00

March 2, 2021 Berger Paints Jamaica Limited, for the year ended December 31, 2020 reported revenues of $2.37 billion relative to $2.53 billion in 2019, a 6% decrease year over year. As the for the fourth quarter, revenues decreased by 2%, from $891.54 million in 2019 to $876.91 million in 2020. The Company’s total expenses

BRG reports 60% decline in year end net profit2021-03-02T12:12:57-05:00
2 03, 2021

DTL reports 2% increase in year end net profit

2021-03-02T12:06:52-05:00

March 2, 2021 Derrimon Trading Limited (DTL), for the year ended December 31, 2020, reported trading income of $12.78 billion compared to the $12.65 billion for the prior comparable period, a 1% increase. For the quarter, trading income went up by 1% closing at $3.16 billion (2019: $3.12 billion). Cost of sales contracted by a

DTL reports 2% increase in year end net profit2021-03-02T12:06:52-05:00
2 03, 2021

SELECTF reports year end net loss of $1.58 billion

2021-03-02T11:15:14-05:00

March 02, 2021 Sagicor Select Fund Financial (SELECTF) for the year ended December 31, 2020 reported interest income of $1.23 million relative to interest income of $1.52 million twelve months earlier. Dividend income totalled $68.29 million for the year compared $104.23 million last year. Whereas other net changes in fair value amounted to a loss of $1.62

SELECTF reports year end net loss of $1.58 billion2021-03-02T11:15:14-05:00
2 03, 2021

JP reports 80% growth in year end profits attributable to shareholders

2021-03-02T14:41:21-05:00

March 2, 2021 Jamaica Producers Group Limited (JP), for the year ended December 31, 2020, booked a 2% decrease in revenue to total $20.99 billion compared to the $21.46 billion reported in 2019. The Group posted a fourth quarter revenue of $6.16 billion, a 1% increase (2019: $6.08 billion). The Food and Drink Division reported

JP reports 80% growth in year end profits attributable to shareholders2021-03-02T14:41:21-05:00
2 03, 2021

EFRESH reports year end net loss of $181.14 million

2021-03-02T10:42:18-05:00

March 2, 2021 Everything Fresh Limited (EFRESH) for the year ended December 31, 2020 revenue contracted by 52% for the period amounting to $1.05 billion, down from $2.20 billion reported a year ago. For the fourth quarter, revenues totaled $167.65 million, a 70% decrease when compared to last period’s $563.05 million. The company noted, “In

EFRESH reports year end net loss of $181.14 million2021-03-02T10:42:18-05:00
2 03, 2021

SELECTMD reports year end net loss of $677.59 million

2021-03-02T10:18:48-05:00

March 2, 2021 Sagicor Select Fund Manufacturing & Distribution (SELECTMD) for the year ended December 31, 2020 reported, dividend income of $68.55 million for the year and $13.51 million last year. Whereas other net changes in fair value amounted to a loss of $718.12 million for the year relative to an income of $187.05 million

SELECTMD reports year end net loss of $677.59 million2021-03-02T10:18:48-05:00
2 03, 2021

Overseas Headlines – March 02, 2021

2021-03-02T08:12:59-05:00

United States: U.S. Imports at Full Speed Show Uneven Global Recovery Pace “A surge of imports into the U.S. economy shows little sign of slowing down, clogging American ports and highlighting ways the pandemic is still causing imbalances in the global recovery. Consider the number of inbound shipping containers through the 10 largest U.S. ports.

Overseas Headlines – March 02, 20212021-03-02T08:12:59-05:00
1 03, 2021

Special Advisory: Kingston Wharves Limited (KW)

2021-03-01T15:47:21-05:00

March 01, 2021 Kingston Wharves Limited (KW) has advised that Mrs. Charmaine Maragh has been appointed as a non-executive director of the Company effective February 24, 2021. 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

Special Advisory: Kingston Wharves Limited (KW)2021-03-01T15:47:21-05:00