February 14, 2020 Fontana Limited (FTNA), for the six months ended December 31, 2019 recorded a 21% increase in revenues to total $2.32 billion compared to $1.92 billion for the same period in 2018. Revenue for the 2nd quarter went up by 31% to $1.40 billion (2018: $1.07 billion). Cost of Sales for the period increased
February 14, 2020 Lasco Financial Services Limited (LASF), for the nine months ended December 31, 2019 recorded trading income of $1.82 billion; this represented a growth of 11% when compared to $1.63 billion posted in 2018, while trading income for the quarter amounted to $600.68 million (2018: $545.20 million). Other income increased to $111.53 million versus
February 14, 2020 Mailpac Group Limited (Mailpac)’s revenue amounted to $361.73 million for the three months ended December 31, 2019 while cost of sales totalled $180 million for the quarter ended December 31, 2019. As such gross profit summed to $181.72 million for the quarter under review. Administrative and general expenses equalled $72.23 million for
February 14, 2020 General Accident Insurance Company Limited (GENAC), for the year ended December 31, 2019 reported gross premium written of $10.62 billion, 22% higher than the $8.74 billion reported for 2018. Reinsurance ceded rose 21% to close at $8.15 billion relative to $6.75 billion booked in 2018. Excess of loss reinsurance trended up by
Date: February 14, 2020 Fosrich Company Limited (FOSRICH) has advised that Mrs. Sophia Dunkley-Wright was appointed to the office of Senior Sales Manager effective January 20, 2020. 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
Date: February 14, 2020 Eppley Limited (EPLY) has advised that at a meeting of the Board of Directors held on February 13, 2020, an ordinary dividend of 57 cents per share was declared. Payment will be made on April 3, 2020 to shareholders on record as at February 27, 2020. The ex-dividend date is February
Date: February 14, 2020 Supreme Ventures Limited (SVL) has advised that a connected party sold 4,800 SVL shares on February 12, 2020. 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.
Date: February 14, 2020 Carreras Limited (CAR) has advised of the following: Miss Nirala Singh was appointed as a Director and a member of the Audit Committee effective February 12, 2020. Janene Shaw, Finance Director and Company Secretary, will proceed on early retirement effective March 31, 2020. As a result, Mr. Rogelio Paredes Flores was
February 14, 2020 SSL Venture Capital Jamaica Limited (SSLVC), for the six months ended December 31, 2019, reported revenues of $95.30 million versus $194.70 million reported in the prior year’s corresponding period. While for the quarter, SSLVC reported $44.28 million (2018: $136.19 million) in revenue. SSLVC stated that, “This shortfall was primarily due to a significant decline
February 14, 2020 Eppley Caribbean Property Fund Limited (CPFV), for the first quarter ended December 31, 2019 reported net rental income of $843,396 (2018: $392,858), a 115% increase. In addition, share of profit of investments accounted for using the equity method increased from $533,067 in 2018 to $544,688 for 2019. The Company stated, “The Fund
