September 14, 2020 The Lumber Depot Limited (LUMBER), for the first quarter ended July 31, 2020, reported revenue of $361.20 million, an increase of 11% year over year (2019: $325.24 million). Cost of sales for the period amounted to $294.62 million. Consequently, gross profit for the period closed at $66.58 million. Moreover, the Company reported
September 14, 2020 Knutsford Express Services Limited (KEX), for the year ended May 31, 2020 reported total revenue of $1.02 billion, relative to $1.15 billion reported for the prior financial year. Revenue for the last quarter amounted to $96.45 million, a decrease of 68% from the $304.68 million for the same period last year. Administrative
September 14, 2020 Main Event Entertainment Group Limited (MEEG) for the nine months ended July 31, 2020 recorded a total of $944.59 million in revenue compared to $1.36 billion booked for the period ended July 31, 2019, a 31% decrease year over year. Revenue for the quarter declined drastically by 87% to close the quarter
September 14, 2020 weekly Picks 14.09.2020 DTL 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,
United States: Fed Must Alter Habits of a Generation in Higher Inflation Quest “The Federal Reserve’s new push for higher inflation means crafting new tactics that convince Americans it won’t clamp down on rising prices. For four decades, the Federal Reserve kept up its guard on inflation, beating it back even when it whispered a
September 11. 2020 Indies Pharma Jamaica Limited (INDIES), for the nine months ended July 31, 2020, reported revenue of $565.83 million, 2% lower than the $575.81 million booked in 2019. For the third quarter, revenue closed at $164.87 million (2019: $214.52 million). Cost of sales, for the nine months ended July 31, 2020, declined by
United States: U.S. Consumer Prices Rose in August on Sharp Gain in Used Cars “U.S. consumer prices rose for a third month in August, driven by the sharpest gain in used-vehicles since 1969, consistent with a gradual pickup in inflation as the economy recovers from the pandemic-induced downturn. The consumer price index rose 0.4% from
Scotia Group Jamaica Limited (SGJ) for the nine months ended July 31, 2020, Scotia Group Jamaica Limited’s (SGJ) Net Interest Income experienced a marginal increase to $18.71 billion, moving from $18.69 billion for the corresponding period in 2019. Of this, Interest Income for the period decreased from $20.67 billion in 2019 to $20.53 billion while
September 10, 2020 For the financial year under review, Chairman of Supreme Ventures Group Limited, Mr. Gary Peart highlighted that, “2019 was a greater year than 2018 showed by the continuous record- breaking performances across the Group.” The Group achieved sales of $38.52 billion (2018: $32.94 billion) and net profit of $2.47 billion (2018: $2.10
United States: More Americans Are Quitting Their Jobs. That’s a Good Sign “The number of U.S. workers who voluntarily left their jobs in July increased to a five-month high, indicating more Americans are becoming sanguine about their prospects of finding a new position as the economy recovers. So-called quits climbed by 344,000 to nearly 3
