16 08, 2023

ROC reports six months net loss of $3.74 million

2023-08-16T12:22:43-05:00

August 16, 2023 Ironrock Insurance Company Limited (ROC) for the six months ended June 30, 2023 reported a 31% increase in Insurance Revenue  totaling $627.21 million compared to $478.37 million in the corresponding period last year. Insurance Revenue for the second quarter had a 28% increase to close at $316.80 million compared to $248.02 million

ROC reports six months net loss of $3.74 million2023-08-16T12:22:43-05:00
16 08, 2023

JSE reports 20% decline in six months net profit

2023-08-16T11:37:59-05:00

August 16, 2023 Jamaica Stock Exchange Limited (JSE) for the six months ended June 30, 2023, reported a marginal increase in revenue totaling $1.134 billion compared to $1.132 billion in the corresponding period last year. Revenue for the second quarter had a 4% increase to close at $594.91 million compared to $570.94 million for the

JSE reports 20% decline in six months net profit2023-08-16T11:37:59-05:00
16 08, 2023

UK’s inflation rate was 6.8% in July 2023

2023-08-16T11:36:26-05:00

August 16, 2023 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 6.4% as at July 2023, down from 7.3% in June. The Consumer Prices Index (CPI) rose by 6.8%, down from 7.9% in June. On a monthly basis, CPIH fell by 0.3% in

UK’s inflation rate was 6.8% in July 20232023-08-16T11:36:26-05:00
16 08, 2023

CAR reports 51% increase in three months net profit

2023-08-16T11:10:43-05:00

August 16, 2023 Carreras Ltd (CAR) for the three months ended June 30, 2023 reported a 23% increase in Operating Revenue totaling $4.31 billion compared to $3.49 billion in the corresponding period last year. Cost of Operating Revenue amounted to $2.37 billion (2022: $1.92 billion), this represents a increase of 23% year over year. Consequently,

CAR reports 51% increase in three months net profit2023-08-16T11:10:43-05:00
16 08, 2023

Overseas Headlines – August 16, 2023

2023-08-16T09:22:44-05:00

August 16, 2023   United States: Fed Minutes Set to Show Only a Minority Saw End of Tightening A record of the Federal Reserve’s July policy meeting due Wednesday is set to show only a minority of officials favored holding interest rates steady over the remainder of the year, according to Bloomberg Economics. At the

Overseas Headlines – August 16, 20232023-08-16T09:22:44-05:00
15 08, 2023

CPFV reports 8% increase in nine-month net profit

2023-08-15T16:59:39-05:00

August 15, 2023   Eppley Caribbean Property Fund Limited SCC (CPFV) for the nine months ended June 30, 2023, reported a 10% increase in total investment income totalling BDS$10.07 million compared to BDS$9.12 million in the corresponding period last year. Total investment income for the third quarter had a 42% decrease to close at BDS$1.92

CPFV reports 8% increase in nine-month net profit2023-08-15T16:59:39-05:00
15 08, 2023

BIL reports a 20% decrease in nine months net profit

2023-08-15T16:22:42-05:00

August 15, 2023 Barita Investments Limited (BIL) for the nine months ended June 30, 2023, reported net interest income decreased by 70% to $422.55 million compared to $1.39 billion for the nine months ended June 30, 2022. The company booked net interest income of $62.33 million for the third quarter versus $359.85 million reported for

BIL reports a 20% decrease in nine months net profit2023-08-15T16:22:42-05:00
15 08, 2023

SELECTMD reports six months net loss of $72.98 million

2023-08-15T16:20:27-05:00

August 15, 2023 Sagicor Select Funds Limited Manufacturing & Distribution (SELECTMD) for the six months ended June 30, 2023, reported a 680% increase in Interest Income totaling $5.06 million compared to $648,000 in the corresponding period last year. Interest Income for the Second quarter had a 532% increase to close at $2.55 million compared to

SELECTMD reports six months net loss of $72.98 million2023-08-15T16:20:27-05:00
15 08, 2023

XFUND reports 282% increase in six months net profit

2023-08-15T15:34:57-05:00

August 15, 2023 Sagicor Real Estate X Fund LTD (XFUND) for the six months ended June 30, 2023 reported a 25% increase in Total Revenue totaling $4.27 billion compared to $3.42 billion in the corresponding period last year. Total Revenue for the second quarter had a 34% increase to close at $2.19 billion compared to

XFUND reports 282% increase in six months net profit2023-08-15T15:34:57-05:00
15 08, 2023

Special Advisory: tTech Limited (TTECH)

2023-08-15T14:47:30-05:00

August 15, 2023   TTech Limited (TTECH) has advised that at a Board meeting held on July 27, 2023, Norman Chen was appointed Chief Executive Officer of the Company.   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

Special Advisory: tTech Limited (TTECH)2023-08-15T14:47:30-05:00