Daily Market Summary – March 02, 2021

Mayberry Market Summary- 02.3.2021 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, is, or will be,

Daily Market Summary – March 02, 20212021-03-02T15:38:54-05:00

KW reports 14% decline in year end net profit attributable to shareholders

March 2, 2021 Kingston Wharves Limited (KW) for the year ended December 31, 2020 reported total revenue of $7.14 billion, a 10% decrease relative to the $7.90 billion recorded for the corresponding period in 2019. Revenue for the quarter amounted to $2.03 billion, a 7% contraction relative to the $2.18 billion recorded for the same

KW reports 14% decline in year end net profit attributable to shareholders2021-03-02T15:28:08-05:00

XFUND reports year end net loss attributable to shareholders of $9.99 billion

March 02, 2021 Sagicor Real Estate XFUND Limited, for the year ended December 2020, reported total revenue of $2.35 billion relative to $5.67 billion recorded in 2019, a 58% decrease year over year. For the quarter, total revenue closed at $655.05 million versus $1.84 billion in the prior comparable quarter. Management noted, “Our direct hotel

XFUND reports year end net loss attributable to shareholders of $9.99 billion2021-03-02T14:40:59-05:00

CABROKERS reports 18% decline in year end net prof

March 2, 2021 Caribbean Assurance Brokers (CABROKERS), for the year ended December 31, 2020, reported revenue of $370.64 million compared to the $401.48 million booked for the prior year, an 8% decrease. For the quarter, revenue went up by 140% closing at $156.97 million (2019: $65.42 million). Other operating income totalled $26.28 million (2019: $33.75

CABROKERS reports 18% decline in year end net prof2021-03-02T14:34:06-05:00

CFF reports $82.30 million for year end net profit

March 02, 2021 Caribbean Flavours and Fragrances (CFF), revenues amounted to $593.75 million for the twelve months ended December 31, 2020, 28% up from $462.46 million booked 2019. For the quarter revenue rose by 36% to $141.85 million (2019: $104.02 million). Cost of sales amounted to $403.17 million (2019: $323.30 million), resulting in a gross

CFF reports $82.30 million for year end net profit2021-03-02T14:29:39-05:00

tTech reports 9% decrease in year end net profit

March 2, 2021 tTech Limited (tTech) for the twelve months ended December 31, 2020; booked a 6% increase in revenues to $359.48 million compared to $340.37 million for the prior financial year. Revenue for the quarter closed at $96.85 million relative to $78.28 million in 2019. Cost of sales rose by 20% to $113.99 million

tTech reports 9% decrease in year end net profit2021-03-02T14:37:43-05:00

KPREIT reports 72% decrease in year end net profit

March 02, 2021 Kingston Properties Limited, for the year ended December 31, 2020, reported Rental Income of USD$2.13 million, 26% more than the USD$1.69 million reported for 2019. Rental income for the fourth quarter amounted to USD$659,906 (2019: USD$427,249). Operating expenses rose 8% to USD$1.10 million relative to the USD$1.02 million posted for the same

KPREIT reports 72% decrease in year end net profit2021-03-02T12:16:02-05:00

BRG reports 60% decline in year end net profit

March 2, 2021 Berger Paints Jamaica Limited, for the year ended December 31, 2020 reported revenues of $2.37 billion relative to $2.53 billion in 2019, a 6% decrease year over year. As the for the fourth quarter, revenues decreased by 2%, from $891.54 million in 2019 to $876.91 million in 2020. The Company’s total expenses

BRG reports 60% decline in year end net profit2021-03-02T12:12:57-05:00

DTL reports 2% increase in year end net profit

March 2, 2021 Derrimon Trading Limited (DTL), for the year ended December 31, 2020, reported trading income of $12.78 billion compared to the $12.65 billion for the prior comparable period, a 1% increase. For the quarter, trading income went up by 1% closing at $3.16 billion (2019: $3.12 billion). Cost of sales contracted by a

DTL reports 2% increase in year end net profit2021-03-02T12:06:52-05:00