April 23, 2021 For the year ended September 2020, net operating revenue for Barita Investment Limited amounted to $5.21 billion relative to $3.98 billion recorded for 2019, to reflect a 31% increase. Net profit after tax consequently grew to $2.76 billion, relative to the profit of $1.71 billion booked in 2019. Year to date, six
April 22, 2021 For the six months ended March 31, 2021, Barita Investments Limited (BIL) net interest income increased by 37% amounting to $740.64 million relative to $540.08 million for the comparable six months in 2020. “The rise in reflects continued growth in the Group’s asset base resulting from the deployment of our increased capital position into credit growth in the
April 22, 2021 Supreme Ventures Limited (SVL), for the three months period, reported a 6% increase in Total Gaming Revenue from $10.13 billion in 2020 to $10.71 billion in 2021. Revenues from the company’s segments were as follows: Revenue from Non fixed odd wagering games, horse racing and pin codes- $6.69 billion (2020: $5.72 billion),
April 22, 2021 The seasonally adjusted initial claims, advance estimate, decreased by 39,000 to 547,000, for the week ending April 17, from the prior week’s revised level, according to the U.S. Department of Labour (DOL). The prior week’s level was revised up from 576,000 to 586,000 by 10,000. In comparison to the previous week’s average, the 4-week moving
April 22, 2021 United States: Biden Pushes Carbon Plan to World Burned by Trump, Leery of Risk “President Joe Biden will pledge to cut U.S. greenhouse gas emissions in half by 2030 as he convenes 40 world leaders in a virtual summit intended to demonstrate renewed American resolve to fight climate change and pressure wary
April 21, 2021 Advance estimates of U.S. retail and food services sales for March 2021 was recorded at $619.1 billion, a 9.8% (±0.5%) increase from February 2021 and a 27.7% (±0.7%) increase from March 2020. It was noted that the advance estimate for the period under review was adjusted for seasonal variation and holiday and
April 21, 2021 European Union The first estimate for extra-EU exports of goods in February 2021 was €164.7 billion, down by 3.6% compared with February 2020 (€170.8 bn). Imports from the rest of the world stood at €143.6 bn, down by 3.0% compared with February 2020 (€148.1 bn). As a result, the EU recorded a
April 21, 2021 United States: Manhattan Retail Rents Extend Slide, Showing Covid’s Full Impact “Retail rents in Manhattan have continued to fall even as new businesses sprout up and vaccines spur optimism for a return of shopper traffic. Soho again was the hardest-hit market in the first quarter, with average asking rents falling 20%
April 20, 2021 Jetcon Corporation Limited (JETCON), for the twelve months ended December 31, 2020, reported a 39% decline in turnover for the twelve months to $629.28 million (2019: $1.03 billion), while for the fourth quarter revenues fell by 42% to $162.12 million in 2020 from $278.68 million in 2019. Cost of sales also decreased by 38%
April 20, 2021 USA Economic Review -March 2021 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,
