August 19, 2020 Consumer Price Index – July 2020 The consumer price index for July 2020 was 105.7 resulting in an inflation rate of 0.5% increase when compared to previous month’s 105.2 price index, according to the Statistical Institute of Jamaica (STATIN). This increase was as result of, ‘Food and Non- Alcoholic Beverages’, the heaviest
August 19, 2020 Total Revenue for the six months declined 52% to $1.65 billion (2019: $3.41 billion). Of this; Interest income declined 9% to $10.80 million (2019: $11.89 million) Net capital loss on financial assets and liabilities amounted to $144.07 million, relative a gain of $68.94 million booked the corresponding period in the prior year. Hotel Revenue for the six months period
August 18, 2020 Palace Amusement Company (PAL) for the year ended June 30, 2020 reported total revenues of $904.18 million, a 19% decrease when compared with the $1.11 billion recorded for the corresponding period in 2019. The total revenue for the quarter decreased 99% to total $5.01 million relative to the $338 million recorded for
August 18, 2020 Everything Fresh (EFRESH) for the six months ended June 30, 2020 reported total revenues of $573.21 million, a 49% decrease from the $1.11 billion reported for the prior period in 2019. For the quarter, revenue totalled $83.96 million, 84% less than the $520.54 million reported for 2019’s quarter. EFRESH stated, “The Covid-19
August 18, 2020 Revenue for the first quarter of the 2020 financial year declined by 13% to $4.91 million (2019: $5.67 million). Other operating income decreased in the first quarter of 2020 to $24.77 million. This compares to $26.12 million for prior year’s period, representing a decrease of 5% year over year. As a result,
August 18, 2020 Eppley Caribbean Property Fund Limited (CPFV), for the nine months ended June 30, 2020 reported net rental income of $2.15 million (2019: $1.10 million), a 96% increase year over year. In addition, share of profit of investments accounted for using the equity method decreased from $1.60 million in 2019 to $1.17 million for
August 18, 2020 iCreate Limited (ICREATE) for the six months ended June 30, 2020 reported revenues of $39.27 million, up from $25.02 million reported a year ago. For the quarter, ICREATE posted revenue of $14.76 million (2019: $13.13 million). Management noted that, “this 6-month total also represents 85.1% of total revenues for 2019, despite a significant decline
August 18, 2020 Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered to deposit-taking institutions on overnight placements with Bank of Jamaica) unchanged at 0.50 per cent per annum, effective Wednesday, 19 August 2020. Bank of Jamaica’s monetary policy decisions are aimed at ensuring that the annual increase in the prices
August 18, 2020 Sagicor Group Jamaica Limited (SJ) has advised that two Executives sold a total of 73,553 SJ shares on August 17, 2020. 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.
August 18, 2020 Kingston Wharves Limited (KW) has advised that a connected party sold 1,900,000 KW shares on August 14, 2020. 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
