CPJ reports nine months net profit attributable to shareholders of US$6.80 million

May 11, 2022 Figures are quoted in United States dollars (except where it is indicated otherwise): Caribbean Producers Jamaica Limited (CPJ) for the nine months ended March 31, 2022 reported revenue increase of 133% from US$37.11 million in 2021, to close the period at US$86.44 million. For the third quarter, the Company posted a 123%

CPJ reports nine months net profit attributable to shareholders of US$6.80 million2022-05-11T18:56:39-05:00

Euro area unemployment at 6.8%

May 11, 2022 In March 2022, the euro area seasonally adjusted unemployment rate was 6.8%, down from 6.9% in February 2022 and from 8.2% in March 2021. The EU unemployment rate was 6.2% in March 2022, down from 6.3% in February 2022 and from 7.5% in March 2021. These figures are published by Eurostat, the

Euro area unemployment at 6.8%2022-05-11T17:27:41-05:00

KEY reports first quarter net profit of $2.29 million

May 11, 2022 KEY Insurance Company Limited (KEY) for the quarter ended March 31, 2022, reported a 13% increase in net premiums written to $362.14 million from $319.51 million reported in 2021. The Company recorded a 20% increase in gross premiums written from $414.77 million in 2021 to $499.74 million for the quarter ended March 31, 2022. Reinsurance ceded for

KEY reports first quarter net profit of $2.29 million2022-05-11T17:25:45-05:00

Daily Market Summary – May 11, 2022

Mayberry Market Summary - 11.5.2022 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

Daily Market Summary – May 11, 20222022-05-11T15:49:44-05:00

Special Advisory: Guardian Holdings Limited (GHL)

May 11, 2022 Guardian Holdings Limited (GHL) has advised that Mr. Eric Hosin, who presently holds the position of President, Guardian Life Limited will be appointed to the position of Group Head of Life, Health and Pensions and Ms. Meghon Miller-Brown will be appointed to the position of President, Guardian Life Limited. Both appointments will be

Special Advisory: Guardian Holdings Limited (GHL)2022-05-11T15:14:47-05:00

The Domestic Economy Showed Signs of Recovery During the Quarters Ended December 2021 and March 2022

May 11, 2022   The Financial Policy Committee (FPC), following their meeting of May 6, 2022, and review of the financial performances and risks up to the quarter ended March 2022, issued the Statement dated May 10, 2022, which serves as an update to the FPC’s Statement on the Annual Financial Stability Report dated April

The Domestic Economy Showed Signs of Recovery During the Quarters Ended December 2021 and March 20222022-05-11T15:03:46-05:00

U.S Consumer Price Index rose 0.3% in April 2022

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.3% in April 2022, on a seasonally adjusted basis, according to U.S. Bureau of Labour Statistics (BLS) after a 1.2% increase in March. The all-items index rose 8.3% before seasonal adjustment over the last year to an index level of 289.109 (1982-84=100). The all-items less

U.S Consumer Price Index rose 0.3% in April 20222022-05-11T13:20:18-05:00

LEARN reports three months net profit of $2.04 million

May 11, 2022 Edufocal Limited (LEARN), for the three months ended March 31, 2022, reported revenue of $60.92 million, 81% more than the $33.60 million reported in the previous corresponding period. LEARN noted, “This increase is indicative of our continued growth in business sales.” Administrative and Operating expenses increased by 48% to $45.06 million relative

LEARN reports three months net profit of $2.04 million2022-05-11T17:06:01-05:00

SALF reports six months net profit attributable to shareholders of $82.24 million

May 11, 2022 Salada Foods Jamaica Limited (SALF), recorded a 10% increase in turnover for the six months to close at $635.27 million (2021: $579.30 million). Management stated, “Gross Revenue for the half-year was $635.3 million, a 10% increase over the prior year of $579.3 million. By increasing promotional efforts, the Company quickly adapted to

SALF reports six months net profit attributable to shareholders of $82.24 million2022-05-11T09:30:53-05:00