Date: May 31, 2019 Lasco Distributors Limited (LASD) posted 11% growth in revenue to $18.13 billion, up from $16.27 billion in the corresponding period in 2018. For the quarter, revenue increased by 19% closing at $4.80 billion (2018: $4.03 billion). Cost of sales amounted to $14.58 billion, up 11% on the $13.10 billion reported in
Date: May 31, 2019 Access Financial Services Limited (AFS) for the year ended March 31, 2019 reported $1.41 billion in total interest income, a 4% decline relative to the $1.47 billion recorded in 2018. Of this, Interest Income from Loans amounted to $1.40 billion (2018: $1.46 billion) while Interest Income from Securities totalled $6.99 million
Date: May 31, 2019 Lasco Manufacturing Limited (LASM) for the year ended March 31, 2019, Total revenue increased by 14% from $6.66 billion in 2018 to $7.57 billion in 2018. Revenue increased 41% for the fourth quarter to a total of $1.95 billion, relative to the $1.38 billion recorded for the comparable period in 2018. Cost
Date: May 31, 2019 United States: Fed's Preferred Core-Price Gauge Picks Up as Spending Gains A crucial measure of U.S. inflation watched by the Federal Reserve picked up in April for the first time this year while Americans’ spending and incomes topped forecasts, offering some evidence that economic growth is both holding up and helping
Date: May 30, 2019 Honey Bun (1982) Limited (HONBUN) has advised that a Board meeting will be held on June 12, 2019, at which an interim dividend payment will be considered.
Date: May 30, 2019 Scotia Group Jamaica Limited (SGJ) has advised that Hugh Miller, Chief Operating Officer at Scotia Investments Jamaica Limited, will be leaving the organization effective May 31, 2019.
Date: May 30, 2019 Daily Market Summary 30.05.19 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. Each research analyst (s) also certify that no part of their compensation was, is,
Date: May 30, 2019 United States: U.S. First-Quarter Growth Revised Down to 3.1% Pace From 3.2% U.S. economic growth last quarter was revised down by less than expected amid stronger consumption and exports than initially reported, suggesting the expansion was on relatively firm footing before President Donald Trump’s escalation of the trade war with China.
Date: May 29, 2019 Sagicor Real Estate XFUND Limited, for the year ended December 2018, reported total revenue of $8.81 billion relative to $13.01 billion recorded in 2017, a 32% decline year over year. For the quarter, total revenue closed at $1.15 million versus $3.05 billion in the prior comparable quarter. “This was due to
Date: May 28, 2019 Sagicor Real Estate XFUND Limited, for the three months ended March 2019, reported total revenue of $1.78 billion relative to $3.39 billion recorded in 2018, a 48% decline year over year. XFUND mentioned that, “This is as a result of the change in the business model, with the sale of the
