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

SELECTF reports year end net loss of $1.58 billion

March 02, 2021 Sagicor Select Fund Financial (SELECTF) for the year ended December 31, 2020 reported interest income of $1.23 million relative to interest income of $1.52 million twelve months earlier. Dividend income totalled $68.29 million for the year compared $104.23 million last year. Whereas other net changes in fair value amounted to a loss of $1.62

SELECTF reports year end net loss of $1.58 billion2021-03-02T11:15:14-05:00

JP reports 80% growth in year end profits attributable to shareholders

March 2, 2021 Jamaica Producers Group Limited (JP), for the year ended December 31, 2020, booked a 2% decrease in revenue to total $20.99 billion compared to the $21.46 billion reported in 2019. The Group posted a fourth quarter revenue of $6.16 billion, a 1% increase (2019: $6.08 billion). The Food and Drink Division reported

JP reports 80% growth in year end profits attributable to shareholders2021-03-02T14:41:21-05:00

EFRESH reports year end net loss of $181.14 million

March 2, 2021 Everything Fresh Limited (EFRESH) for the year ended December 31, 2020 revenue contracted by 52% for the period amounting to $1.05 billion, down from $2.20 billion reported a year ago. For the fourth quarter, revenues totaled $167.65 million, a 70% decrease when compared to last period’s $563.05 million. The company noted, “In

EFRESH reports year end net loss of $181.14 million2021-03-02T10:42:18-05:00

SELECTMD reports year end net loss of $677.59 million

March 2, 2021 Sagicor Select Fund Manufacturing & Distribution (SELECTMD) for the year ended December 31, 2020 reported, dividend income of $68.55 million for the year and $13.51 million last year. Whereas other net changes in fair value amounted to a loss of $718.12 million for the year relative to an income of $187.05 million

SELECTMD reports year end net loss of $677.59 million2021-03-02T10:18:48-05:00

Overseas Headlines – March 02, 2021

United States: U.S. Imports at Full Speed Show Uneven Global Recovery Pace “A surge of imports into the U.S. economy shows little sign of slowing down, clogging American ports and highlighting ways the pandemic is still causing imbalances in the global recovery. Consider the number of inbound shipping containers through the 10 largest U.S. ports.

Overseas Headlines – March 02, 20212021-03-02T08:12:59-05:00

Daily Market Summary – March 01, 2021

Mayberry Market Summary- 01.3.2021   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 01, 20212021-03-01T16:41:34-05:00

Special Advisory: Kingston Wharves Limited (KW)

March 01, 2021 Kingston Wharves Limited (KW) has advised that Mrs. Charmaine Maragh has been appointed as a non-executive director of the Company effective February 24, 2021. 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

Special Advisory: Kingston Wharves Limited (KW)2021-03-01T15:47:21-05:00

Special Advisory: Kingston Properties Limited (KPREIT)

March 01, 2021 Kingston Properties Limited (KPREIT) has advised that its Board of Directors has authorized a buy-back of up to 0.5% of the Company’s shares in issue for up to two years following the expiry of 21 days from the date of this notice to the Stock Exchange. The Board of Directors sees this use of capital

Special Advisory: Kingston Properties Limited (KPREIT)2021-03-01T15:46:27-05:00