February 9, 2022 Lasco Financial Services Limited (LASF), for the nine months ended December 31, 2021 recorded trading income of $1.75 billion; this represented a 4% increase when compared to $1.67 billion posted in 2020, while trading income for the quarter amounted to $668.38 million (2020: $527.18 million). Other income increased significantly to $88.36 million
February 9, 2022 Lasco Distributors Limited (LASD), for the nine months ended December 31, 2021, posted 14% growth in revenue to $17.37 billion, up from $15.23 billion in the corresponding period in 2020. For the quarter, revenue rose by 12% closing at $5.79 billion (2020: $5.17 billion). The Company highlighted, “While the company focuses on
February 9, 2022 Figures are quoted in United States dollars (except where it is indicated otherwise): Caribbean Producers Jamaica Limited (CPJ) for the six months ended December 31, 2021, revenues rose 138% from $24.39 million in 2020 to close the period under review at $58.08 million. For the second quarter, the company also posted a 120% increase in
February 09, 2022 At their Annual General Meeting, the Chief Executive Officer of Wisynco Group Limited, Mr. Andrew Mahfood, complimented the resilience of his company’s assets to shocks in the economy as well as outlined upcoming plans to grow revenue and increase operational efficiency. Mr. Mahfood also highlighted the financial performance of the Wisynco Group, which for the year ended June 30, 2021, reported total revenue
February 9, 2022 Sales After adjusting for seasonal variations and trading day variances but not for pricing adjustments, December 2021 merchant wholesaler sales were $634.6 billion, up 0.2% (±0.4%)* from the revised November level and up 21.8% (±1.9%) from the revised December 2020 level. The percent change from October 2021 to November 2021 was updated
February 09, 2022 The Goods and Services Deficit Increased $182.4 billion Year to Year. The United States Census Bureau and the United States Bureau of Economic Analysis stated that the December goods and services deficit was $80.7 billion, up $1.4 billion from the revised $79.3 billion in November. December exports totaled $228.1 billion, an increase
February 9, 2022 Seprod Limited (SEP) posted revenue totalling $42.91 billion compared to $37.74 billion recorded for the same period of the prior financial year, representing a 14% increase year over year. Revenue for the quarter amounted to $11.76 billion relative to the $9.08 billion reported in 2020. Direct expenses increased by 17% from $27.25
United States: Hot Inflation Data Risk Pushing Fed Closer to a Super-Sized Hike “A hotter-than-expected U.S. inflation print would push the Federal Reserve closer to considering its single-largest rate hike in more than two decades. The January consumer price index, due Thursday, is one of the most important data releases before the central bank’s March
February 08, 2022 QWI Investments Limited, for the first quarter ended December 2021, reported gains from Investment Activities of $113.40 million relative to $132.43 million recorded in their first quarter last year. Dividend & Interest Income amounted to $12.59 million for the period under review compared to $10.36 million in 2020. QWI recorded $17.39
February 08, 2022, QWI Investments Limited (QWI) has advised that the Board of Directors intends to meet on February 14, 2022 to consider, amongst other things, the payment of a dividend. 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
