Sygnus reports first quarter net profit of US$527,923
November 14, 2019 In United States dollars (except where it is indicated otherwise) Sygnus Credit Investments Limited, for the three months ended September 30, 2019 reported Interest Income of US$1.13 million, an 86% increase on the US$605,729 recorded in 2018. Interest expense for the quarter amounted to US$40,937 (2018: nil), resulting in net interest income of US$1.09 million (2018: US$605,729). The Company reported Fair Value Gains of US$198,006 (2018: US$14,870) and Participation fees of US$7,000 (2018: US$14,944). Management noted the performance of Fair Value Gains was, “driven by an increase in the number of Portfolio Companies with profit sharing
WIG reports 83% increase in Six Months Net Profit
Date: November 14, 2019 Wigton Windfarm Limited, for the six months ended September 30, 2019, reported sales of $1.47 billion, a 2% decline on the $1.49 billion reported in the prior year. Revenue for the quarter declined 10% to $632.34 million (2018: $705.64 million). WIG noted that, “the decrease in revenue was directly related to a 10.7% decrease in production in the current reporting quarter as a result of lower wind regime. Availability of the wind turbines was 8.2% better than the SPLY. Major repairs and maintenance were conducted during this quarter to capitalize on the low wind regime during
Dividend Consideration: AMG Packaging & Paper Company Limited (AMG)
Date: November 14, 2019 AMG Packaging & Paper Company Limited (AMG) has advised that at a Board of Directors’ meeting scheduled to be held on November 21, 2019, a dividend payment will be considered. Disclaimer: 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