PURITY reports first quarter net profit of $16.46 million

May 13, 2022 Consolidated Bakeries (Jamaica) Limited (PURITY), for the three months ended March 31, 2022 recorded an $87.12 million increase in revenue from $290.96 million in 2021 to $378.08 million in Q1 of FY22. Cost of sales grew accordingly, rising by 32% to $231.49 million (2021: $175.59 million) A 30% growth in revenue led to

PURITY reports first quarter net profit of $16.46 million2022-05-16T10:19:22-05:00

SIL reports 35% decrease in first quarter net profit

Sterling Investments Limited (SIL) for the three months ended March 31, 2022, reported a 55% decrease in total revenue to $36.59 million compared to $80.43 million recorded for the corresponding period in 2021. Interest income closed the period at $39.64 million, up 13% from the $35.13 million for the comparable period in 2021. Management noted, “The company is

SIL reports 35% decrease in first quarter net profit2022-05-13T21:06:55-05:00

KW reports 22% increase in three months net profit attributable to shareholders

May 13, 2022 Kingston Wharves Limited (KW) for the three ended March 31, 2022 reported total revenue of $2.25 billion, a 21% increase relative to the $1.85 billion recorded for the corresponding period in 2021. Cost of sales for the period grew by 18% to a total of 1.15 billion compared to the $$975.10 million

KW reports 22% increase in three months net profit attributable to shareholders2022-05-13T19:30:40-05:00

138SL reports 7% decrease in six months net profit

May 13, 2022 138SL’s income increase by 9% to $571.18 million relative to the $522.64 million recorded for the corresponding six months period the year prior. Other operating income decreased for the period under review, with a decline of 64% to $13.05 million relative to $35.97 million a year earlier.  Income for the quarter increased by 10%

138SL reports 7% decrease in six months net profit2022-05-13T19:28:30-05:00

SML reports 15% decrease in first quarter net profit

 May 13, 2022 Stanley Motta Limited (SML), for the three months ended March 31, 2022 booked a 5% increase in revenue to total $126.02 million compared to $119.64 million for the same period in 2021. The Company mentioned that, “the increase is attributable to the depreciation of the Jamaican dollar which moved from an average of J$147.86:US$1

SML reports 15% decrease in first quarter net profit2022-05-13T19:25:50-05:00

BRG reports first quarter net profit of $17.09 million

May 13, 2022 Berger Paints Jamaica Limited (BRG) for the three months ended March 31, 2022 reported total revenues of $719.01 million, a 20% increase relative to $597.51 million reported for the comparable period in 2021. Cost of sales for the period totalled $396.72 million, an increase of 42% relative to the $279.81 million booked in 2021.

BRG reports first quarter net profit of $17.09 million2022-05-13T19:23:14-05:00

PBS reports three months net profit attributable to shareholders of US$637,000

May 13, 2022 Productive Business Solutions Limited (PBS) for the three months ended March 31, 2022 reported a 35% increase in revenues from US$49.34 million for the 2021 period to US$66.36 million in 2022. PBS noted the increase was, “included the sale of over 50,000 personal computers and over 25,000 tablets and interactive classroom content

PBS reports three months net profit attributable to shareholders of US$637,0002022-05-13T19:19:49-05:00

DTL reports 7% increase in first quarter net profit attributable to shareholders

May 13, 2022 Derrimon Trading Limited (DTL), for the three months ended March 31, 2022, reported trading income of $4.24 billion compared to the $4.01 billion booked for the prior year’s comparable period, a 6% increase. This is as a result of, “The results include all subsidiaries of Derrimon Trading Company Limited . The impact

DTL reports 7% increase in first quarter net profit attributable to shareholders2022-05-16T10:34:43-05:00

SELECTF reports three months net loss of $131.86 million

May 13, 2022 Sagicor Select Funds Limited (SELECTF), for the three months ended March 31, 2022 reported net investment loss of $121.21 million relative to a loss of $48.71 million booked March 31, 2021. This is comprised of: Interest income which amounted to $214,000 (2021: $281,000). Dividend income which closed at $14.74 million (2021: $16.15

SELECTF reports three months net loss of $131.86 million2022-05-13T19:10:12-05:00

TROPICAL reports six months net profit of $86.64 million

May 13, 2022 Tropical Battery Company Limited (TROPICAL) for the six months ended March 31, 2022 recorded revenue in the amount of $1.30 billion (2021: $927.22 million), a 40% increase when compared to 2021. Revenue for the quarter increased by 33%, moving from $476.23 million in 2021 to $635.09 million for the period under review.

TROPICAL reports six months net profit of $86.64 million2022-05-13T19:11:21-05:00