JAMT reports 101% increase in year end net profit attributable to shareholders
November 29, 2019 Jamaican Teas Limited (JAMT) reported a 27% decrease in revenues to total $1.29 billion (2018: $1.77 billion). For the quarter, revenues amounted to $284.87 million (2018: $422.12 million). JAMT highlighted that, “JTL’s fourth quarter revenues from manufacturing operations increased almost 4 percent for the quarter from $272.8 million to $282.5 million due to increased export sales partly offset by lower domestic sales. Supermarket sales show a decline for the quarter from $121 million to $ nil, as a result of the transfer of our supermarket to our associated company, Bay City Foods Ltd (BCF) on Feb 1,
Dividend Consideration: Kingston Wharves Limited (KW)
November 29, 2019 Kingston Wharves Limited (KW) has advised that its Board of Directors will consider the declaration of a dividend at a meeting scheduled to be held on December 6, 2019. 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 will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst
Trade in Shares: Mayberry Jamaican Equities Limited (MJE)
November 29, 2019 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased 219,154 MJE shares and that a connected party sold 442,254 MJE shares. These transactions were conducted during the period November 25 to 27, 2019. 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 will be, directly or indirectly, related to the specific recommendation (s) or