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13 05, 2017

GK reports a 28% decline in net profit for the first quarter of 2017

2017-06-10T17:06:42-05:00

For the three months ended March 31, 2017,GraceKennedy Limited (GK) reported total revenue of $23.69 billion for period (2016: $22.13 billion), a year over year increase of 7%. The biggest contributor to the group’s overall revenue for the first quarter was income from the ‘Food Trading’ segment which contributed a total of $18.82 billion (2016:

13 05, 2017

JAMT reports 33% increase in net profit for the Second Quarter of 2017

2017-06-10T17:06:47-05:00

Jamaican Teas Limited (JAMT) reported revenue for the second quarter ended March 2017 of $386.11 million, an increase of 37% compared to the $281.30 million booked for the corresponding period in 2016. Year to date, the company reported a 21% increase in Revenue to total $760.01 million (2016: $625.91 million). According to the company, “Export

13 05, 2017

PURITY reports a 76% decline in net profits for the first quarter of 2017

2017-06-10T17:06:54-05:00

For the first quarter of the 2017 financial year, Consolidated Bakeries (Jamaica) Limited (PURITY) recorded a Total Revenue of $227.91 million (2016: $260.56 million), representing a 13% decline. Cost of Sales for the quarter amounted to $145.52 million, down 11% relative to $164.20 million booked at the end of quarter one 2016. As such, Gross

13 05, 2017

SVL reports 52% increase in net profits for the first quarter of 2017

2017-06-10T17:06:59-05:00

For the three months ended March 2017, Supreme Ventures Limited (SVL) reported a 20% increase in Revenues to total $13.39 billion, up from $11.19 billion in 2016. The Group’s increase in Total Revenue was due to increases in the Lottery, Gaming Hospitality and Pin Codes segments and the addition of the Horseracing segment. Revenues from

13 05, 2017

tTech reports 38% decline in net profit for the first quarter of 2017

2017-06-10T17:07:04-05:00

For the three months ended March 31, 2017, tTech Limited (tTech) Operating Revenues for the period increased by 20% to $56.59 million compared to $47.14 million for the corresponding period last year. tTech highlighted, “our sales pipeline remains strong and the increase in cybercrime that is occurring both globally and in Jamaica will create opportunities

12 05, 2017

EPLY declares dividend

2017-06-10T17:07:05-05:00

Eppley Limited (EPLY) has declared a dividend of $0.0372 per share payable on June 2, 2017 to shareholders on record as at May 19, 2017.  The ex-dividend date is May 17, 2017. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those

12 05, 2017

AFS declares dividend

2017-06-10T17:07:10-05:00

Access Financial Services Limited (AFS) has declared a dividend of $0.32 per share payable on June 23, 2017 to shareholders on record as at June 9, 2017.  The ex-dividend date is June 7, 2017. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department

12 05, 2017

PJAM declares dividend

2017-06-10T17:07:16-05:00

PanJam Investment Limited (PJAM) has declared a dividend of $0.20 per share payable on June 22, 2017 to shareholders on record as at May 29, 2017.  The ex-dividend date is May 25, 2017. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about

12 05, 2017

Overseas Headlines – May 12, 2017

2017-06-10T17:07:17-05:00

Asia: China c.bank to maintain prudent monetary policy, eyes on shadow banking risks China's central bank said on Friday that it will maintain a prudent and neutral monetary policy and keep liquidity basically stable. China will also strengthen oversight to prevent risks in the shadow banking category, including asset management products, the People's Bank of

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