January 17, 2022 The Statistical Institute of Jamaica (STATIN) reported that the unemployment rate for October 2021 was 7.1 per cent. This is 3.7 percentage points lower than the 10.8 per cent out-turn for the corresponding period in October 2020. Data from the survey show that the increase in employment (76,600) was more than twice
Date: January 17, 2022 Margaritaville (Turks) Limited (MTL), for the six months ended November 30, 2021 reported that revenues decreased by 97% for the period to total US$1,046 (2020: US$40,451). The second quarter’s revenue totalled US$504 (2020: US$20,034), a 97% decline. Cost of sales (COS) decreased by 98% for the period, this amounted to US$831
January 17, 2022 The graph above shows deaths reported since the previous day and the 7-day moving average As of January 17, 2022, the outbreak of the coronavirus disease (COVID-19) had spread across the globe to six continents, over five million people had died after contracting the respiratory virus. Cases now stand at 329,501,665 globally.
January 17, 2022 Sygnus Real Estate Finance Ltd for the first quarter ended November 30, 2021, reported interest income of $35.33 million a 56% increase when compared with the $22.58 million reported in 2020. Interest expense amounted to $37.56 million, a 52% increase relative to the $24.64 million reported a year earlier. SRF noted, “The Company
January 17, 2022 Portland JSX Limited (PJX), for the nine months ended November 30, 2021, net profit on financial assets classified as at fair value through profit and loss amounted to US$6.43 million compared to a loss of US$1.15 million in 2020. PJX recorded net gain on financial assets classified as at fair value through profit and
January 17, 2022 Caribbean Cream Limited (KREMI) for nine months ended November 30, 2021, reported revenue of $1.54 billion compared to $1.33 billion in the corresponding period last year, this represents a 15% increase year over year. Revenue for the third quarter rose 14% to close at $500.51 million compared to $440.83 million for the
January 17, 2022 Knutsford Express Services Limited (KEX), for the six months ended November 30, 2021, reported total revenue of $473.22 million, a 74% or $201.90 million increase when compared with the $271.32 million reported for the same period in 2020. For the second quarter, revenues increased by 61% to close the period at $240.66
January 17, 2022 Paramount Trading (Jamaica) Limited for the six months ended November 30, 2021 recorded a 15% increase in total revenues to $770.49 million from $668.61 million reported in 2020. For the quarter, revenues rose 31% to close at $401.18 million (2020: $306.60 million). PTL added that, “The reduction in curfew hours, elimination of
January 17, 2022 Weekly Picks 17.01.2022 WIG 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, is,
January 17, 2022 United States: Biden Faulted on Inflation by Majority in CBS Poll “A majority of Americans fault President Joe Biden’s handling of inflation and the economy, according to a CBS News poll, which also found that people increasingly find government guidance on Covid-19 confusing.” https://www.bloomberg.com/news/articles/2022-01-16/biden-s-job-on-inflation-found-lacking-by-majority-in-cbs-poll Europe: U.K. Property Asking Prices Increase at Quickest
