Daily Market Summary March 8, 2018
Daily Market Summary 8.03.18 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any Action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
X Fund net profit up 62% for year end December 2017
March 8, 2018 Total Revenue for the year ended December 31, 2018 grew 29% to $13.11 billion (2016: $10.25 billion). For the fourth quarter ended December 31, 2017, the company’s total revenue however increased 56% to close at 3.04 billion (2016: $1.95 billion) Hotel revenue for the 2017 year end increased to $10.27 billion relative to $8.46 billion in 2017. Management indicated, “Improvement in the hotels’ Occupancy and Average Daily Rates (ADR) fuelled by on-going renovation of the properties. “ Net capital gains on financial assets and liabilities increased by 61% to close at $2.84 billion (2016: $1.77 billion). Interest Income
Trade In Shares: Lasco Financial Services Limited (LASF)
March 7, 2018 Lasco Financial Services Limited (LASF) has advised that a Senior Manager sold a total of 121,347 LASF shares during the period February 26 to 27 , 2018.