March 15, 2022 Indies Pharma Jamaica Limited reported revenue of $212.30 million, 5% lower than the $223.53 million booked in 2021. Cost of Sales decreased 34% to close at $56.05 million (2021: $85.42 million). Gross profit increased by 13%, amounting to $156.25 million for the period relative to $138.11 million in 2021. Other operating income
March 15, 2022 The Lumber Depot Limited (LUMBER), for the nine months ended January 31, 2022, reported revenue of $1.16 billion, an increase of 10% year over year (2021:$1.05 billion). Revenue for the quarter totalled $400.19 million (2021: $353.10 million). Management noted, “Our market position is bolstered by our reputation for excellent service and for
March 15, 2022 Equity Market Review February 2022 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 securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was,
United States: U.S. Producer Prices Rise 10%, Reinforcing Fed’s Rate-Hike Path “Prices paid to U.S. producers rose strongly in February on higher costs of goods, underscoring inflationary pressures that set the stage for a Federal Reserve rate hike this week. The producer price index for final demand increased 10% from February of last year and
March 15, 2022 According to Rebeca Grynspan, secretary-general of the United Nations, “The war in Ukraine has a huge cost in human suffering and is sending shocks through the world economy.” Notably, this crisis which commenced during the global COVID-19 pandemic is accelerating existing vulnerabilities and widening inequalities across the world. All countries will be
March 14, 2022 GraceKennedy Limited (GK) has advised that a Director and Senior Officers acquired a total of 20,375 GK shares pursuant to the 2009 Stock Option Plan – Long Term Incentive Scheme of GraceKennedy Limited and acquisitions under the GK100 stock offer on March 10, 2022 Disclaimer: Analyst Certification -The views expressed in this research
March 14, 2022 Kingston Wharves Limited (KW) has advised that a connected party sold a total of 72,138 KW shares during the period March 7 to 11, 2022. 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 securities
March 14, 2022 Sagicor Group Jamaica Limited (SJ) has advised that two Executives sold a total of 560,000 SJ shares on March 7, 2022. 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 securities as at the date
March 14, 2022 Future Energy Source Company Limited (FESCO) has advised that a Director sold 1,100,000 FESCO shares and that another Director sold 274,527 FESCO shares. These transactions were conducted during the period March 8 to 10, 2022. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry
March 14, 2022 Jamaican Teas Limited (JAMT) has advised that a Director sold 26,650 JAMT shares on March 4, 2022. 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 securities as at the date of this report. Each
