November 9, 2020 Lasco Distributors Limited (LASD) Unaudited Financial Statements for Six Months ended September 30, 2020: Lasco Distributors Limited (LASD), for the six months ended September 30, 2020, posted 7% growth revenues to $10.06 billion, up from $9.41 billion in the corresponding period in 2019. For the quarter, revenues increased by 6% closing at
November 9, 2020 Jamaica’s Net International Reserves (NIR) totalled US$2,893.31 million as at October 2020, reflecting an increase of US$145.81 million relative to the US$2,747.49 million reported at the end of September 2020 (see figure 1). This significant change in the NIR resulted from a US$146.25 million increase in Foreign Assets which total US$3,859.62 million
November 09, 2020 Wisynco Group Limited (WISYNCO) reported total revenue of $8.07 billion for the first quarter ended September 30, 2020, a 6% decrease when compared with the $8.58 billion reported for the same period in 2019. Management noted, “We did see some pockets of improvement and were pleased that our exports rose 43% or approximately $56
November 09, 2020 Transjamaican Highway Limited (TJH), for the nine months ended September 30, 2020, reported a 17% decrease in revenue to US$32.63 million relative to US$39.26 million in the corresponding period last year. Revenue for the third quarter amounted to US$11.22 million (2019: US$13.32 million), a 16% decrease. TJH noted that, “this decrease resulted mainly from
November 9, 2020 Weekly Pick 9.11.20 SVL 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,
United States: Biden Gets Muted Reaction in China With Trump-Era Rift to Endure “Unlike Donald Trump, whom Chinese officials had little knowledge of before he took office, Joe Biden is well known in Beijing. But that history is unlikely to quickly repair a relationship between the global powers that has fundamentally changed over the past
November 06, 2020 Grace Kennedy Limited (GK) recorded total revenue of $86.13 billion for period (2019: $77.03 billion), a year over year increase of 12%. Of this, Revenue from products and services amounted to $82.88 billion (2019: $73.93 billion) and interest revenue totalled $3.25 billion (2019: $3.11 billion). The biggest contributor to the Group’s overall
United States: U.S. Jobs Market Set to Extend Rebound at Softening Pace “The U.S. labor market probably extended its rebound last month, though the outlook for continued job growth is weakening for whichever candidate wins the White House. The Labor Department is set to release its October report tomorrow against the backdrop of a razor-thin
November 5, 2020 According to Eurostat, the Statistical Office of the European Union, the seasonally adjusted volume of retail trade in September 2020 declined by 2.0% in the euro area and by 1.7% in the EU when compared with August 2020. Whereas, in August 2020 the retail trade volume increased by 4.2% in the euro area and by
Brent Oil Brent oil prices increased by 8.47% or US$3.19, as prices increase this week relative to the prior week. Oil traded on November 5, 2020 at a price of US$40.84 per barrel relative to US$37.65 on October 29, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87 Octane prices decreased
