January 15, 2020 Express Catering Limited (ECL) for the six months ended November 30, 2019 reported a 9% increase in revenue to US$7.81 million (2018: US$7.18 million). Revenue for the quarter advanced 5% to close at $3.28 million relative to $3.12 million reported the previous year. According to Management, “This is quite favourable, with the
January 15, 2020 United States: Housing Upswing to Cushion U.S. Economy From Sluggish Investment “A rejuvenated U.S. housing market will help keep the economy chugging along despite the threat posed by a derailment in corporate spending. Home construction outlays, which account for almost 4% of gross domestic product, increased for a fifth straight month in November, marking
January 14, 2020 Paramount Trading (Jamaica) Limited for the six months ended November 30, 2019 recorded a slight 3% decrease in total revenues to $768.22 million from $795.54 million reported in 2018. For the quarter, revenues rose 8% to close at $407.64 million (2018: $378.46 million). Direct expenses closed the period at $537.09 million relatively
January 14, 2020 Caribbean Cream Limited (KREMI) for nine months ended November 30, 2019 reported an 8% increase to total $1.24 billion compared to $1.15 billion in the corresponding period last year. Revenue for the third quarter rose 14% to close at $395.48 million compared to $348.24 million for the comparable quarter of 2018. Costs
Date: January 14, 2020 Access Financial Services Limited (AFS) has advised that at a Board of Directors’ meeting scheduled to be held on January 29, 2020, a dividend payment to ordinary shareholders of the Company will be considered. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments
Date: January 14, 2020 Proven Investments Limited (PROVEN) has advised that at a Board of Directors’ meeting scheduled to be held on February 7, 2020, a dividend payment to ordinary shareholders of the Company will be considered. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited
January 14, 2020 AMG Packaging Paper Company Limited (AMG), for the three months ended November 30, 2019, recorded Turnover in the amount of $191.60 million, a decline of 10% when compared to $213.92 million booked the previous year’s corresponding quarter. Cost of Inventories totalled $108.80 million, a decrease of 16% relative to $130.18 million booked
January 14, 2020 Knutsford Express Services Limited (KEX), for the first six months ended November 30, 2019, reported total revenue of $607.19 million, a 9% or $52.09 million increase when compared with the $555.11 million reported for the same period in 2018. For the second quarter, revenues increased by 8% to close the period at
January 14, 2020 United States: Trump Trade Deal Raises Issue of Trusting China to Deliver "After three years of tweets and tariffs, President Donald Trump has arrived at his China moment. The phase-one deal to be signed Wednesday is expected to include China’s commitments to respect American intellectual property and not manipulate its currency. U.S.
Date: January 13, 2020 Sweet River Abattoir & Supplies Company Limited (SRA) has advised of the following disclosure: “1. Auction of SRA facility on November 26, 2019 As was carried in the media, the SRA facility was auctioned on November 26, 2019. The Board of Directors and major investors have major concerns as to certain
