Sagicor Group Jamaica Limited (SJ) for the three months ended March 31, 2020, reported a decline in total revenues by 16% to $16.81 billion from $20.12 billion in 2019. Total revenue is broken down as follows: Net premium revenue went up by 24% to close at 12.85 billion compared to $10.36 billion documented 2019. Management
May 15. 2020 Eppley Limited (EPLY) for the three months ended March 31, 2020, reported interest income of $91.29 million a 1% or $544,000 decrease when compared $91.83 million recorded for the corresponding period in 2019. Interest expenses for the period amounted to $50.03 million, a 10% increase when compared to $45.30 million recorded in the
United States: U.S. Retail Sales Fell 16.4% in April, Worse Than March Record “U.S. retail sales plunged in April, shattering the prior record set just a month earlier, as the coronavirus pandemic shuttered businesses, spurred layoffs and kept Americans at home. Revenue at retailers and restaurants fell 16.4% in April from the prior month, almost double
May 14, 2020 tTech Limited (tTech), for the three months ended March 31, 2020, booked a 32% increase in revenues to $87.55 million compared to $66.47 million recorded for the prior financial year’s first quarter. Ttech noted, "Security Awareness Training and CyberSecurity threat response activities contributed to the revenue growth as we helped more customers
May 14, 2020 Honey Bun (1982) Limited for the six months ended March 31, 2020 period reported revenues of $875.98 million, 13% up from $775.48 million reported a year ago. HONBUN stated that, “This was a result of increased capacity from production equipment upgrades.” For the quarter, revenues grew by 12% to $453.50 million (2019:
May 14, 2020 Click on the link below. https://www.mayberryinv.com/strategic-investing-magazine/ 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: U.S. Jobless Claims in Millions Again, Higher Than Expected “The number of Americans seeking unemployment benefits remained in the millions for an eighth straight week as the economy continued to reel from the coronavirus pandemic. Initial jobless claims in state programs totaled 2.98 million in the week ended May 9, Labor Department figures
May 13, 2020 Salada Foods Jamaica Limited (SALF), recorded a 14% increase in turnover for the six months to close at $562.78 million (2019: $494.50 million). Managers stated, “this is attributed to increase sales in both export and contract manufacturing business segments.” As for the second quarter, revenue amounted to $274.32 million (2019: $322.17 million),
May 13, 2020 Cargo Handlers Limited (CHL) revenues for the six months fell 12% year over year to $191.37 million versus $216.32 million booked in 2019. Revenue for the quarter contracted 6% to $104.26 million versus $111.45 million booked for the same quarter of 2019. CHL noted this, “was attributable to fewer than anticipated
United States: U.S. Core Consumer-Price Index Posts Record 0.4% Monthly Decline “A key measure of U.S. consumer prices declined in April by the most on record amid a demand shock as most of the nation shut down to contain the coronavirus pandemic. The core consumer-price index, which excludes volatile food and fuel costs, fell 0.4%
