November 13, 2019 Reported in US$ (except where it is indicated otherwise) Proven Investments Limited (PROVEN), for six months ended September 30, 2019 reported interest income of $13.81 million, a 3% decrease when compared with the $14.17 million reported for the same period in 2018. Interest income for the second quarter amounted to $6.91 million
November 13, 2019 United States: Trump Threatens Substantially More Tariffs If No China Deal “President Donald Trump said the U.S. will increase tariffs on China in case the first step of a broader agreement isn’t reached. “If we don’t make a deal, we’re going to substantially raise those tariffs,” he said Tuesday in a speech
November 12, 2019 Stationery and Office Supplies Limited (SOS) for the nine months period reported revenues of $933.22 million relative to $801.44 million in 2018, a 16% increase. For the third quarter, revenues grew by 5% to close the quarter at $294.67 million (2018: $281.51 million). The company highlighted that, “sales of SEEK product increased
Date: November 12, 2019 Supreme Ventures Limited (SVL) has advised that a connected party purchased 26,300 SVL shares on November 6, 2019. Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or
Date: November 12, 2019 Jamaica Producers Group Limited (JP), for the nine months, experienced a 8% increase in revenue to total $15.38 billion compared to the $14.25 billion reported in 2018. The Company posted 5% increase in third quarter revenue to $5.23 billion (2018: $4.96 billion). The Food & Drink Division contributed a 9% increase
November 12, 2019 Berger Paints Jamaica Limited (BRG),for the nine months ended September 30, 2019, reported total revenues of $1.63 billion, a 6% decrease relative to $1.73 billion reported in for the comparable period in 2018. Total revenues for the quarter totalled $534.20 million, 12% less than the $607.83 million booked in 2018. Management
Date: November 12, 2019 For the nine months ended September 30, 2019, Kingston Wharves’ revenue totaled $5.72 billion a 9% increase when compared to $5.26 billion for the corresponding period of the prior year, while revenue for the second quarter grew 3% to $1.92 billion (2018: $1.87 billion). This as both the company’s ‘Terminal Operations’ and
November 12, 2019 United States: Fed Likely to Defy History With Rates Steady Through Elections “Federal Reserve Chairman Jerome Powell is likely to signal again this week that monetary policy is on hold, buttressing the belief that he may steer clear of action through 2020. Surprisingly, that would be an historic anomaly for a U.S.
November 11, 2019 Medical Disposables & Supplies Limited, for the six months ended September 2019 reported Revenue amounting $1.12 billion, an increase of 8%, relative to $1.04 billion booked the previous year. For the second quarter revenues totalled $565.04 million up 13% year over year (2018: $500.85 million). MDS noted, “This positive performance arose mainly
Date: November 11, 2019 Fosrich Company Limited (FOSRICH) has advised that the Company and Grace Kennedy (GK) Pension Scheme, managed by Investment Manager, Proven Wealth Limited (PWL), on November 5, 2019, signed a contract for financing FosRich’s expansion into a new warehousing facility which will be owned by GK Pension Scheme, and for which ground
