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31 05, 2019

LASD reports 40% decline in year end net profits

2019-05-31T16:56:40-05:00

Date: May 31, 2019 Lasco Distributors Limited (LASD) posted 11% growth in revenue to $18.13 billion, up from $16.27 billion in the corresponding period in 2018. For the quarter, revenue increased by 19% closing at $4.80 billion (2018: $4.03 billion). Cost of sales amounted to $14.58 billion, up 11% on the $13.10 billion reported in

31 05, 2019

LASM reports 92% increase in year end net profit

2019-05-31T16:21:20-05:00

Date: May 31, 2019 Lasco Manufacturing Limited (LASM) for the year ended March 31, 2019, Total revenue increased by 14% from $6.66 billion in 2018 to $7.57 billion in 2018. Revenue increased 41% for the fourth quarter to a total of $1.95 billion, relative to the $1.38 billion recorded for the comparable period in 2018. Cost

29 05, 2019

XFUND reports 94% decline in year end net profit attributable to shareholders

2019-05-29T19:54:41-05:00

Date: May 29, 2019 Sagicor Real Estate XFUND Limited, for the year ended December 2018, reported total revenue of $8.81 billion relative to $13.01 billion recorded in 2017, a 32% decline year over year. For the quarter, total revenue closed at $1.15 million versus $3.05 billion in the prior comparable quarter. “This was due to

29 05, 2019

XFUND reports 41% increase in first quarter net profit attributable to shareholders

2019-05-29T19:46:33-05:00

Date: May 28, 2019 Sagicor Real Estate XFUND Limited, for the three months ended March 2019, reported total revenue of $1.78 billion relative to $3.39 billion recorded in 2018, a 48% decline year over year. XFUND mentioned that, “This is as a result of the change in the business model, with the sale of the

29 05, 2019

Daily Market Summary- May 29, 2019

2019-05-29T19:36:00-05:00

Date: May 29, 2019  Daily Market Summary 29.05.19 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,

29 05, 2019

Special Advisory: Sagicor Real Estate X Fund Limited (XFUND)

2019-05-29T19:34:42-05:00

Date: May 29, 2019 Sagicor Real Estate X Fund Limited (XFUND) has advised of the resignation of its auditors Messrs. PricewaterhouseCoopers (St. Lucia) with effect from February 20, 2019, and the appointment of Grant Thornton (St. Lucia) as the new auditor of the Company effective February 21, 2019.

29 05, 2019

Special Advisory: NCB Financial Group Limited (NCBFG)

2019-05-29T19:32:52-05:00

Date: May 29, 2019 NCB Financial Group Limited (NCBFG) has advised that the Company remains committed to reimbursing late fees to customers impacted by the recent delayed salary payments. NCB further advised that to request reimbursement, customers are invited to visit a branch and speak with their Relationship Officer or Branch Manager or send an

28 05, 2019

VMIL pursuing vision to be a part of the leading Caribbean-based mutual provider of financial services

2019-05-28T23:29:02-05:00

Date: May 28, 2019 Victoria Mutual Investments Limited (VMIL) held its 2nd annual general meeting today at the Jamaica Pegasus Hotel subsequent to being publicly listed on the Jamaica Stock Exchange on December 29, 2017. Opening remarks were made by Chairman Mr. Michael McMorris, were he commended the company on a tremendous performance in its

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