UPDATE ON SCHEME OF ARRANGEMENT OF MAYBERRY INVESTMENTS LIMITED

KINGSTON, JAMAICA: August 14, 2023   Mayberry Investments Limited (“MIL”) advises that on July 26, 2023, a Court-ordered Meeting of the holders of ordinary stock units of MIL (the “MIL Stockholders”) was held to consider a Scheme of Arrangement (the “Scheme”) between MIL and the MIL Stockholders. The Meeting was summoned and held in accordance

UPDATE ON SCHEME OF ARRANGEMENT OF MAYBERRY INVESTMENTS LIMITED2023-08-15T10:45:51-05:00

ISP reports 56% decrease in six months net profit

August 15, 2023 ISP Finance Services Limited (ISP) for the six months ended June 30, 2023 reported a 2% decrease in Net Interest Income totaling $199.68 million compared to $203.46 million in the corresponding period last year. Net Interest Income  for the Second quarter had a 3% decrease to close at $102.54 million compared to

ISP reports 56% decrease in six months net profit2023-08-15T10:36:51-05:00

KW reports 7% increase in six months net profit attributable to shareholders

August 15, 2023 Kingston Wharves Limited (KW) for the six months ended June 30, 2023 reported a 3% decrease in Revenue totaling $4.43 billion compared to $4.56 billion in the corresponding period last year. Revenue for the second quarter had an 8% decrease to close at $2.14 billion compared to $2.31 billion for the comparable

KW reports 7% increase in six months net profit attributable to shareholders2023-08-15T10:23:56-05:00

VMIL reports six months net profit of $34.02 million

August 15, 2023 VM Investments Limited (VMIL) for the six months ended June 30, 2023 reported a 24% increase in Interest Income totaling $852.66 million compared to $688.16 million in the corresponding period last year. Interest Income for the second quarter had a 32% increase to close at $474.65 million compared to $358.30 million for

VMIL reports six months net profit of $34.02 million2023-08-15T10:13:41-05:00

MDS reports first quarter net loss of $1.50 million

August 15, 2023 Medical Disposables and Supplies Limited (MDS) for the first quarter ended June 30, 2023, reported a 4% increase in revenue totalling $925.51 million compared to $892.43 million in the corresponding three months last year. MDS highlighted, “All three major sales divisions, namely Pharmaceutical, Medical and Consumer Goods experienced sales growth, with the

MDS reports first quarter net loss of $1.50 million2023-08-15T10:08:11-05:00

WIG reports 73% decline in first quarter net profit

August 15, 2023 Wigton Windfarm Limited, for the quarter ended June 30, 2023, reported sales of $491.14 million, a 38% decline on the $794.21 million reported in the prior year. WIGTON noted, “The decrease was due to a 20.5M kWh or 39.1% decline in production, resulting in a decline in sales revenue.” Cost of sales

WIG reports 73% decline in first quarter net profit2023-08-15T09:57:34-05:00

Overseas Headlines – August 15, 2023

August 15, 2023   United States: US Retail Sales Top Forecasts, Showcasing Consumer Resilience US retail sales rose in July by more than forecast, suggesting consumers still have the wherewithal to sustain the economic expansion. The value of retail purchases increased 0.7% in July after upward revisions in the prior two months, Commerce Department data

Overseas Headlines – August 15, 20232023-08-15T09:15:13-05:00

HONBUN reports a 46% increase in nine months net profit

August 14, 2023 Honey Bun Limited (HONBUN) for the nine months ended June 30, 2023 reported a 18% increase in Revenue totaling $2.56 billion compared to $2.16 billion in the corresponding period last year. Revenue for the third quarter had a 10% increase to close at $866.11 million compared to $789.40 million for the comparable

HONBUN reports a 46% increase in nine months net profit2023-08-14T20:07:29-05:00

DCOVE reports 48% increase in six months net profit

August 14, 2023 Dolphin Cove Limited (DCOVE) Unaudited financials for the six months ended June 30, 2023: Expressed in United States Dollars unless otherwise stated Dolphin Cove Limited (DCOVE) for the six months ended June 30, 2023 reported a 37% increase in Total Revenue totaling $9.27 million compared to $6.76 million in the corresponding period

DCOVE reports 48% increase in six months net profit2023-08-14T20:07:02-05:00

CAB reports 306% increase in six months net profit

August 14, 2023 CABROKERS Limited (CAB) for the six months ended June 30, 2023 reported a 12% increase in Revenue totaling $200.59 million compared to $178.32 million in the corresponding period last year. Revenue for the second quarter had a 13% increase to close at $98.72 million compared to $87.72 million for the comparable quarter

CAB reports 306% increase in six months net profit2023-08-14T20:04:59-05:00