July 7, 2022 For the year ended April 30, 2022, Jamaica Broilers Group (JBG) reported total revenues of $75.72 billion, a 33% increase on the $56.95 billion reported in 2021. Revenue for the fourth quarter closed at $20.58 billion (2021: $15.63 billion). Total revenue for the year is broken down as follows. Of total revenues:
July 7, 2022 Caribbean Producers (Jamaica) Limited (CPJ) has advised that the Company has entered into a Financial Advisory and Brokerage Services Agreement with Mayberry Investments Limited (Mayberry), the parent company of Mayberry Jamaican Equities Limited, which is one of CPJ’s top ten (10) shareholders. Under the terms of the Agreement, Mayberry will provide financial
July 07, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for June 30, 2022, was J$17.96. MJE’s last traded price on June 30, 2022, was $13.00. The below graph shows MJE’s Net Asset Value movement since 2019. Disclaimer: Analyst Certification -The views expressed in this research report
July 6, 2022 Jamaica has welcomed 1,117,137 stopover visitors since the start of the year, which has generated just over US$1.5 billion in earnings. Speaking at a media briefing at Gordon House in downtown Kingston on Tuesday (July 5) Tourism Minister, Hon. Edmund Bartlett, noted that arrivals have been “pacing very positively”, adding that the
July 5, 2022 In May 2022, Industrial producer prices up by 0.7% in the euro area (+36.3% from May 2021) and by 0.8% in the EU (+36.4% from May 2021) when compared to April 2022, where prices increased 1.2% in the euro area and 1.3% in the EU. The increases were due to intermediate goods
July 4, 2022 Total Construction The estimated seasonally adjusted annual rate of construction spending in May 2022 was $1,779.8 billion, which was 0.1 percent less than the updated April estimate of $1,782.5 billion. The May amount is 9.7% more than the $1,621.9 billion May 2021 projection. Construction investment for the first five months of this
June 2, 2022 Government Operations Results for May 2022 For the period of April to May 2022, the GOJ reported Total Revenues & Grants of $107.76 billion, $6.30 billion more than the Government’s projection. This represented a decline of approximately 9.1% relative to the $118.58 billion recorded for the corresponding period in 2021. ‘Grants’, ‘Bauxite
July 1, 2022 The U.S Bureau of Labour Statistics reported that unemployment rates were lower in May 2022 than they were a year earlier in 385 of the 389 metropolitan areas, higher in 2, and unchanged in 2. Two locations had rates of at least 10%, and a total of 150 areas had rates of
Jetcon Corporation Limited (JETCON), for the twelve months ended December 31, 2021, reported a 38% increase in turnover for the twelve months to $869.59 million (2020: $629.28 million), while for the fourth quarter revenues rose by 62% to $262.65 million in 2021 from $162.12 million in 2020. Cost of sales also increased by 37% to $750.79 million
July 1, 2022 According to the Statistical Institute of Jamaica (STATIN), the total value added at constant prices for the Jamaican economy grew by 6.4 per cent in the first quarter of 2022 when compared to the similar quarter of 2021. This was 0.4 per cent higher than the Planning Institute of Jamaica’s (PIOJ) estimated
