CCC reports 20% increase in nine months net profit
Date: October 29, 2019 Caribbean Cement Company Limited (CCC) for the Nine Months Ended September 30, 2019 total revenue grew by 2% amounting to $13.51 billion, up from $13.24 billion reported a year ago. Earnings before interest, tax, depreciation & amortization (EBITDA) amounted to $4.97 billion, an increase of 29% relative to $3.86 billion for the prior year’s corresponding period. Depreciation and amortization closed the period at $1.20 billion (2018: $808.10 million). CCC also reported no stockholding and inventory restructuring costs relative to $32.06 million in 2018. The Company booked Manpower Restructuring Cost of $43.74 million relative to nil the
Dividend Consideration: Stationery & Office Supplies Limited (SOS)
Date: October 29, 2019 Stationery & Office Supplies Limited (SOS) has advised that at a Board of Directors’ meeting scheduled to be held on November 7, 2019, an interim dividend payment will be considered. Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. 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 in this research report. Company Disclosure -The information contained herein has been obtained from sources
Special Advisory: Main Event Entertainment Group Limited (MEEG)
Date: October 29, 2019 Main Event Entertainment Group Limited (MEEG) has advised that at a Board of Directors’ meeting held on September 12, 2019, Mr. Richard Bair relinquished his post as Company Secretary and Miss Marvia J. Williams was appointed Secretary of the Company with immediate effect. Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. 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 in