Daily Market Summary January 12, 2018
Daily Market Summary 12.1.18 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.
PTL reports 12% increase in six months net profit
Date: January 12, 2018 Paramount Trading (Jamaica) Limited (PTL), for the quarter ended November 30, 2017 recorded a 27% increase in total revenues to $687.18 million from $539.13 million reported in 2016. PTL indicated, “our lubricants business line produced strong sales performance during this quarter when compared to last year growing by $28.9 million on a quarterly basis and $41.6 million year to date. Technical Grade product sales grew by $47 million on a quarterly basis and by $83 million year on year.” Additionally, management noted, “we expect this trend to continue into the last 2 quarters.” Second quarter revenue
Daily Market Summary January 11, 2018
Daily Market Summary 11.1.18 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.