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
United States: Prices in US Outstrip Forecasts in Sign of Inflation Persisting “US consumer prices rose by more than forecast in April, indicating inflation will persist at elevated levels for longer and keeping the Federal Reserve on the path of aggressive interest-rate hikes. The core consumer price index, which excludes food and energy, increased 0.6%
Mayberry Market Summary - 10.5.2022 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
May 10, 2022 Kingston Properties Limited, for the three months period, reported rental income of US$797,770, 12% more than the US$709,695 reported in the previous corresponding period. KPREIT noted, “The higher year on year figure was mainly due to achieving higher occupancy levels at our properties in Jamaica and the Cayman Islands, as well as increases
May 10, 2022 Fontana Limited (FTNA) has advised that dividends will be considered at a Board of Directors’ meeting to be held on Wednesday, May 25, 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
May 10, 2022 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased a total of 132,379 MJE shares during the period May 5 to 6, 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
May 10, 2022 Sagicor Group Jamaica Limited (SJ) for the three months ended March 31, 2022, reported an increase in total revenues by 3% to $23.76 billion from $23.12 billion in 2021. Total revenue is broken down as follows: Net premium revenue rose by 5% to close at $13.12 billion compared to $12.52 billion documented 2021. Net investment
May 10, 2022 BOJ has reported that Jamaica’s Net International Reserves as at April 30, 2022 stood at US$3,734.14 million, reflecting an increase of US$58.30 million when compared to the US$3,675.85 million reported at the end of March 2022. Foreign Assets totalled US$4,357.47 million, US$33.81 million more than the US$4,323.66 million reported in March 2022.
May 10, 2022 NCB Financial Group Limited (NCBFG), for the six months ended March 31, 2022, booked a 19% increase in net interest income to total $32.38 billion relative to the $27.10 billion booked the corresponding period in 2021. NCBFG noted, “This reflects continued growth in lending and higher investment securities coupled with effective interest
