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2 03, 2020

JSE reports 26% increase in year end net profits

2020-03-02T16:49:25-05:00

March 02, 2020 JSE recorded total revenue of $1.87 billion, a 35% increase when compared to the $1.39 billion booked the prior year. Of this: Cess income rose by 41% to $697.32 million relative to $494.71 million the previous year. Fee income grew by 29% to $1.05 billion to close the year, compared to $808.15

2 03, 2020

SOS reports 47% increase in year end net profits

2020-03-02T16:38:05-05:00

Date: March 02, 2020 Stationery & Office Supplies Ltd. (SOS), for the year ended December 31, 2019, reported year end revenue of $1.22 billion relative to $1.06 billion in 2018, a 14% increase, while for the fourth quarter revenues moved from $262.92 million in 2018 to $284.77 million in 2019. The company’s cost of sales totaled

2 03, 2020

DTL reports 9% increase in year end net profit

2020-03-02T16:34:53-05:00

Date: March 02, 2020 Derrimon Trading Limited (DTL), for the year ended December 31, 2019, reported trading income of $12.65 billion compared to the $9.30 billion for the prior comparable period, a 36% increase. For the quarter, trading income went up grossly by 5%  closing at $3.12 billion (2018: $2.96 billion). Cost of sales increased

2 03, 2020

SVL reports 16% increase in year end net profits attributable to shareholders

2020-03-02T16:31:25-05:00

Date: March 02, 2020 Supreme Ventures Limited (SVL), for the year ended December 31, 2019, reported a 17% increase in ‘Total Gaming Revenue’ from $32.94 billion in 2018 to $38.52 billion in 2019. While, for the quarter, ‘Total Gaming Revenue’ closed at $6.59 billion (2018: $5.05 billion). According to SVL, “Lotteries and PINs segments continued

2 03, 2020

KW reports 34% increase in year end net profits attributable to shareholders

2020-03-02T16:29:02-05:00

Date: March 02, 2020 Kingston Wharves Limited (KW) for the year ended December 31, 2019 reported total revenue of $7.90 billion, a 9% increase relative to the $7.25 billion recorded for the corresponding period in 2018. Revenue for the quarter amounted to $2.18 billion, a 9% growth relative to the $1.99 billion recorded for the

2 03, 2020

KPREIT reports 738% increase in year end net profit

2020-03-02T18:42:59-05:00

March 02, 2020 Kingston Properties Limited reported Rental Income of USD$1.69 million, 7% more than the USD$1.57 million reported for 2018. Operating expenses remained relatively constant at USD$1.02 million relative to the USD$1.02 million posted for the same period last year. As such, Results of Operating activities before other gains amounted to USD$673,797, a 21%

2 03, 2020

tTech reports 10% decrease in year end net profit

2020-03-02T18:43:21-05:00

March 02, 2020 tTech Limited (tTech) for the twelve months ended December 31, 2019; booked a 20% increase in revenues to $340.37 million compared to $283.92 million for the prior financial year. Revenue for the quarter closed at $78.28 million relative to $69.08 million in 2018. Cost of sales rose by 51% to $95.17 million

2 03, 2020

Featured Stock-ECL

2020-03-02T11:03:44-05:00

March 02, 2020 Weekly Picks 02.03.20 ECL 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, or

2 03, 2020

Overseas Headlines-March 02, 2020

2020-03-02T09:05:24-05:00

March 02, 2020 United States: Fed Ready to Cut Rates Despite Doubt They Can Offset Virus “The Federal Reserve is now prepared to reduce interest rates this month even though it recognizes monetary policy cannot completely shelter a U.S. economy increasingly threatened by the coronavirus. Fed Chairman Jerome Powell opened the door to a rate-cut

28 02, 2020

Trade in Shares: Lasco Manufacturing Limited (LASM)

2020-02-28T15:26:04-05:00

Date: February 28, 2020 Lasco Manufacturing Limited (LASM) has advised that a Senior Manager sold 386,868 LASM shares on February 19, 2020.   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

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