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30 07, 2019

MTL reports 30% decrease in year end net profits

2019-07-30T22:24:28-05:00

Date: July 30, 2019. In United States dollars (except where it is indicated otherwise): Margaritaville Turks Limited (MTL), for the twelve months ended May 2019, reported revenues of $7.59 million versus $6.02 million in the prior corresponding period. Cost of sales increased by 21% for the period to $2.32 million (2018: $1.91 million), while for

30 07, 2019

SJ’s reports a 35% increase in six months net profits

2019-07-30T21:39:13-05:00

Date: July 30, 2019  Sagicor Group Jamaica Limited (SJ) for the six months ended June 30, 2019,  Total Revenues increased by 33% to $42.59 billion from $32.02 billion in 2018, while for the second quarter Total Revenues improved 39% to total $22.47 billion compared to $16.20 billion in 2017. Total revenue year to date was

30 07, 2019

Special Advisory: Victoria Mutual Investments Limited (VMIL)

2019-07-30T20:06:56-05:00

Date: July 30, 2019 Victoria Mutual Investments Limited (VMIL) has advised that at a meeting of the Board of Directors held on July 29, 2019, a recommendation was made for no dividend payments to be made at this time. Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however

30 07, 2019

Dividend Declaration: Wisynco Group Limited (WISYNCO)

2019-07-30T20:06:15-05:00

Date: July 30, 2019 Wisynco Group Limited (WISYNCO) has advised that at a meeting of the Board of Directors held on July 29, 2019, a resolution was passed approving a dividend payment of JMD $0.10 per share, payable on Tuesday, August 27, 2019, to shareholders on record as at Tuesday, August 13, 2019. The ex-dividend

30 07, 2019

CCC reports 48% increase in six months net profits

2019-07-30T14:31:57-05:00

Date: July 30, 2019  Caribbean Cement Company Limited (CCC) for the six months ended June 30, 2019, reported total revenue of $9.13 billion, 4% increase from $8.77 billion reported a year ago. Earnings before interest, tax, depreciation & amortization (EBITDA) amounted to $3.69 billion, an increase of 60% relative to $2.30 billion for the prior

30 07, 2019

Overseas Headlines: July 30, 2019

2019-07-30T13:27:31-05:00

Date: July 30, 2019   United States: Trump Lashes Out at China as Trade Talks Resume; Stocks Fall “President Donald Trump lashed out at China for what he said is its unwillingness to buy American agricultural products and said it continues to “rip off” the U.S., just as the two nations resumed negotiations in Shanghai

30 07, 2019

VMIL reports 163% increase in six months net profit

2019-07-30T23:35:52-05:00

July 30, 2019   Victoria Mutual Investments Limited (VMIL), for the six months ending June 30, 2019, reported total interest income of $398.40 million, an increase of 13% relative to the $353.66 million recorded for the corresponding period in 2018. Interest income for the quarter amounted to $197.41 million, up 14% on the $172.74 million

29 07, 2019

Special Advisory: GWest Corporation Limited (GWEST)

2019-07-29T20:43:07-05:00

July 29, 2019   GWest Corporation Limited (GWEST) has advised that the finalization of the 2019 Annual Report due for submission by July 29, 2019 has been delayed. The Company has further advised that the report is currently at an advanced stage of completion and it is anticipated that it will be submitted to the

29 07, 2019

Special Advisory: NCB Financial Group (NCBFG)

2019-07-29T20:43:05-05:00

July 29, 2019   NCB Financial Group (NCBFG) has advised of the following leadership changes at its major Jamaican banking subsidiary, National Commercial Bank Jamaica Limited (NCBJ), effective August 1, 2019: Septimus Blake will take office as Chief Executive Officer (CEO) and a Director of NCBJ; Malcolm Sadler will assume responsibilities as Chief Financial Officer

29 07, 2019

Trade in Shares: Mayberry Jamaican Equities Limited (MJE)

2019-07-29T21:04:38-05:00

July 29, 2019   Mayberry Jamaican Equities Limited (MJE) has advised that a connected party sold 500 MJE shares on July 26, 2019.   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

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