News and Insights Archives | Page 14 of 617 | Mayberry Investments Limited

14 02, 2020

SSLVC reports six months net loss attributable to shareholders of $40.14 million

Rochelle Muncey 2020-02-14T15:38:19-05:00

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

14 02, 2020

CPFV reports 87% increase in first quarter net profit attributable to shareholders

Shenelle Smith 2020-02-14T13:49:25-05:00

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

14 02, 2020

EFRESH reports year end net loss of $96.23 million

Shenelle Smith 2020-02-14T13:15:30-05:00

February 14, 2020 Everything Fresh Limited (EFRESH) for the year ended December 31, 2019 revenue grew by 17% for the period amounting to $2.20 billion, up from $1.88 billion reported a year ago. For the fourth quarter, revenues totaled $563.04 million, a 15% increase when compared to last period’s $489.07 million. Cost of sales closed

14 02, 2020

PAL reports six months net profit attributable to shareholders of $94,000

Rochelle Muncey 2020-02-14T11:22:18-05:00

February 14, 2020 Palace Amusement Company (PAL) reported six months total revenues of $669.90 million, a 29% increase when compared with the $520.09 million recorded for corresponding period in 2018. Total revenue for the quarter increased 20% to total $299.91 million relative to the $250.71 million recorded for same period in 2018. Direct Expenses for

14 02, 2020

PBS reports year end net profit attributable to shareholders of US$2.48 million

Rochelle Muncey 2020-02-14T08:49:38-05:00

February 14, 2020 Productive Business Solutions Limited (PBS) for the year ending December 31, 2019, reported an increase in revenues from US$179.29 million in 2018 to US$180.55 million in 2019, an 1% increase. For the quarter, revenues decreased 11% to total US$48.35 million relative to US$54.06 million the prior quarter. Direct expenses decreased 5% to

14 02, 2020

Overseas Headlines- February 14, 2020

Rochelle Muncey 2020-02-14T08:46:35-05:00

February 14, 2020 United States: In Hot U.S. Jobs Market, Half of College Grads Are Missing Out “Millions of Americans are seeing little return from their expensive college degrees -- even in today’s hot jobs market. For the first time in decades, recent college graduates are more likely to be out of work than the

13 02, 2020

ELITE reports 211% increase in six months net profit

Rochelle Muncey 2020-02-13T17:56:06-05:00

February 13, 2020 Elite Diagnostic Limited booked a 29% increase in revenue to total $235.92 million compared to $182.24 million for the same period in 2018. Revenue for the 2nd quarter rose by 22% to $117.92 million (2018: $96.76 million). The Company stated, “Revenue growth was buoyant driven by strong performance of the Liguanea and New Kingston locations,

13 02, 2020

SALF reports $5.49 million in first quarter net profit attributable to shareholders

Shenelle Smith 2020-02-13T17:41:55-05:00

February 13, 2020 Salada Foods Jamaica Limited (SALF), for the quarter ended December 31, 2019, recorded a 67% increase in turnover to $288.46 million (2018: $172.34 million). The company stated that, “Revenue improvements were attributed to increased sales in both domestic and export markets.” Cost of sales for the period increased by 61% to close the

13 02, 2020

Trade in Shares: Scotia Group Jamaica Limited (SGJ)

Shenelle Smith 2020-02-13T17:06:52-05:00

Date: February 13, 2020 Scotia Group Jamaica Limited (SGJ) has advised that on February 7, 2020, a Director sold 10,309 SGJ shares held under the Employee Share Ownership Plan (ESOP) of the Company. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those

13 02, 2020

Board Appointment: AMG Packaging & Paper Company Limited (AMG)

Shenelle Smith 2020-02-13T17:04:13-05:00

Date: February 13, 2020 AMG Packaging & Paper Company Limited (AMG) has advised that Mr. Duke Holness and Mr. Bevon Francis, Directors of the Company, were appointed members of the Corporate Governance Committee on January 7, 2020 Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited