Date: February 14, 2020 Carreras Limited (CAR) has advised of the following: Miss Nirala Singh was appointed as a Director and a member of the Audit Committee effective February 12, 2020. Janene Shaw, Finance Director and Company Secretary, will proceed on early retirement effective March 31, 2020. As a result, Mr. Rogelio Paredes Flores was
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
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
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
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
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
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
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,
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
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
