LASM reports 11% increase in nine months net profit
Date: February 06, 2020 Lasco Manufacturing Limited (LASM) for the nine months ended December 31, 2019, reported total revenue of $5.84 billion compared to $5.61 billion in 2018. Revenue increased $182.40 million or 10% to a total of $2 billion in the third quarter, relative to the $1.81 billion recorded for the comparable quarter in 2018. Cost of sales amounted to $3.70 billion (2018: $3.68 billion) for the period, an increase of 1% year on year. LASM stated, “The margin improvement is primarily the result of improvements in operational efficiencies.” However, for the third quarter cost of sales was recorded
Dividend Consideration: Sterling Investments Limited (SIL)
Date: February 5, 2020 Sterling Investments Limited (SIL) has advised that at a meeting of the Board of Directors scheduled to be held on February 18, 2020, consideration will be given to the payment of a final dividend to shareholders of the Company. 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
Dividend Consideration: Carreras Limited (CAR)
Date: February 5, 2020 Carreras Limited (CAR) has advised that at a meeting of the Board of Directors scheduled to be held on February 12, 2020, consideration will be given to the payment of an interim dividend to shareholders of the Company. 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