SSLVC reports nine months net loss attributable to shareholders of $39.07 million

May 14, 2021 SSL Venture Capital Jamaica Limited (SSLVC), for the nine months ended March 31, 2021, reported revenues of $19.33 million versus $112.02 million reported in the prior year’s corresponding period. While for the quarter, SSLVC reported $13,122 (2020: $16.72 million) in revenue. SSLVC noted, “the 2020 revenue figures included $53.1M relating to Blue

SSLVC reports nine months net loss attributable to shareholders of $39.07 million2021-05-14T14:22:24-05:00

FIRSTROCK reports three months net profit attributable to shareholders of US$767,310

May 14, 2021 FIRSTROCK Capital Holdings Group (FIRSTROCK), for the three months ended March 31, 2021, recorded total investment income of US$1.67 million compared to US$1.56 million booked for the corresponding period. Of this, Rental income amounted to US$75,391 (2020: US$114,242). Net gain from fair value adjustment on investment property totalled US$689,099 versus US$1.03 million reported in

FIRSTROCK reports three months net profit attributable to shareholders of US$767,3102021-05-14T11:35:27-05:00

ISP reports 21% increase in first quarter net profit

May 14, 2021 ISP Finance Services Limited (ISP) for the three months ended March 31, 2021, reported total interest income of $90.10 million compared to $85.65 million booked in 2020, an increase of 5%. Interest expense totalled $7.76 million for the quarter, relative to $6.91 million in 2020; this represents a 12% growth year over

ISP reports 21% increase in first quarter net profit2021-05-14T12:11:57-05:00

CFF reports 19% increase in three months net profit

May 14, 2021 Caribbean Flavours and Fragrances (CFF), for the three months ended March 31, 2021, reported revenues of $133.74 million relative to $149.39 million for the comparable period in 2020. CFF stated that, “the Company’s performance was affected by the downturn in the local beverage market due to a shortage of sugar which is a critical

CFF reports 19% increase in three months net profit2021-05-14T09:32:15-05:00

EFRESH reports three months net loss of $27.61 million

May 14, 2021 Everything Fresh (EFRESH) for the three months ended March 31, 2021, reported total revenues of $195.57 million, a​ 60% decline from the $489.23 million reported for the ​same quarter period in 2020. Cost of sales for the period decreased 63% to $151.31 million relative to the $414.41 million booked the corresponding period

EFRESH reports three months net loss of $27.61 million2021-05-14T09:28:21-05:00

Overseas Headlines – May 14, 2021

United States: U.S. Retail Sales Stalled in April After Stimulus-Aided Surge “U.S. retail sales stalled in April following a sharp advance in the prior month when pandemic-relief checks provided millions of Americans with increased spending power. The value of overall retail purchases were essentially unchanged last month following an upwardly revised 10.7% gain in March,

Overseas Headlines – May 14, 20212021-05-14T08:15:48-05:00

HONBUN reports 12% increase in six months net profit

May 13, 2021 Honey Bun (1982) Limited for the six months ended March 31, 2021 period reported revenues of $988.72 million, 13% up from $875.98 million reported a year ago. HONBUN stated that, “easter bun sales performed well, in particular, Easter bun exports grew 48% over prior year.” For the quarter, revenues grew by 16%

HONBUN reports 12% increase in six months net profit2021-05-13T20:30:39-05:00

MailPac reports 1% increase in first quarter net profit

May 13, 2021 MailPac Group Limited (MAILPAC)’s revenue amounted to $470.01 million for the three months ended March 31, 2021, relative to $365.74 million booked in 2020. While cost of sales totalled $244.87 million (2020: $181.46 million). As such gross profit summed to $225.14 million for the period under review, 29% higher than $184.28 million booked

MailPac reports 1% increase in first quarter net profit2021-05-13T20:05:54-05:00

JSE reports 41% decline in three months net profit

May 13, 2021 Jamaica Stock Exchange Group (JSE) for the three months ended March 31, 2021 recorded total revenue of $410.44 million, a 19% decrease when compared to the $508.59 million booked the prior comparable quarter. Of this: Cess income reduced by 42% from $86.64 million booked as at March 2020 to $50.27 million recorded

JSE reports 41% decline in three months net profit2021-05-13T19:54:01-05:00

Dividend Declaration: PanJam Investment Limited (PJAM)

May 13, 2021 PanJam Investment Limited (PJAM) has advised that the Board of Directors has declared a second interim dividend for the year 2021 in the amount of 15 cents per stock unit payable on June 18, 2021 to stockholders on record as at the close of business on May 28, 2021. Analyst Certification -The views expressed in

Dividend Declaration: PanJam Investment Limited (PJAM)2021-05-13T19:50:45-05:00