March 02, 2020 Jetcon Corporation Limited (JETCON), for the twelve months ended December 31, 2019, reported a 12% decline in turnover for the twelve months to $1.03 billion (2018: $1.16 billion), while for the fourth quarter revenues rose by 4% to $278.68 million in 2019 from $269.18 million in 2018. Cost of sales also decreased
March 02, 2020 JSE recorded total revenue of $1.87 billion, a 35% increase when compared to the $1.39 billion booked the prior year. Of this: Cess income rose by 41% to $697.32 million relative to $494.71 million the previous year. Fee income grew by 29% to $1.05 billion to close the year, compared to $808.15
March 02, 2020 Kingston Properties Limited reported Rental Income of USD$1.69 million, 7% more than the USD$1.57 million reported for 2018. Operating expenses remained relatively constant at USD$1.02 million relative to the USD$1.02 million posted for the same period last year. As such, Results of Operating activities before other gains amounted to USD$673,797, a 21%
March 02, 2020 tTech Limited (tTech) for the twelve months ended December 31, 2019; booked a 20% increase in revenues to $340.37 million compared to $283.92 million for the prior financial year. Revenue for the quarter closed at $78.28 million relative to $69.08 million in 2018. Cost of sales rose by 51% to $95.17 million
February 27, 2020 Click the link below to view the Basis of Allotment for Caribbean Assurance Brokers Limited's Initial Public Offering (IPO). Caribbean Assurance Brokers Final Basis of Allotment Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s)
February 25, 2020 The Planning Institute of Jamaica (PIOJ) held their Media Briefing today, discussing the review of the economic performance of Jamaica for the October to December 2019 period. Dr. Wayne Henry, Director General of PIOJ, highlighted the macroeconomic performance for the October-December 2019, mentioning. “real GDP is estimated to have grown by 0.1%
February 24, 2020 During the period January to November 2019 the Jamaica’s imports amounted US$5,905.5 million increasing by 3.9% relative to US$5,682.4 million for the corresponding period in 2018 based on data released by the Statistical Institute of Jamaica (STATIN). Revenue from total exports totalled US$1,462.1 million for the period under review, a decline of
February 19, 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) at 0.50 per cent per annum, effective Thursday, 20 February 2020. The Bank sets its policy interest rate so as to ensure that the yearly rate
February 19, 2020 The consumer price index for January 2020 was 267.5 resulting in an inflation rate of -1.1%, according to the Statistical Institute of Jamaica (STATIN). This downward movement was largely attributed to the decreases in the division of ‘Food and Non-Alcoholic Beverages’ by 1.4% and ‘Housing, Water, Electricity, Gas and Other Fuels’ by
February 18, 2020 KINGSTON, Jamaica – Mayberry Investments Limited (“Mayberry”), announces the closure of Caribbean Assurance Brokers Limited’s (the “Company”) Initial Public Offer (the “Offer”) of 52,500,000 ordinary shares (the “Shares”), at the price of $1.91 per share, made subject to a Prospectus issued by the Company on Friday, 7 February, 2020. The application
