February 14, 2020 Palace Amusement Company (PAL) reported six months total revenues of $669.90 million, a 29% increase when compared with the $520.09 million recorded for corresponding period in 2018. Total revenue for the quarter increased 20% to total $299.91 million relative to the $250.71 million recorded for same period in 2018. Direct Expenses for
February 14, 2020 Productive Business Solutions Limited (PBS) for the year ending December 31, 2019, reported an increase in revenues from US$179.29 million in 2018 to US$180.55 million in 2019, an 1% increase. For the quarter, revenues decreased 11% to total US$48.35 million relative to US$54.06 million the prior quarter. Direct expenses decreased 5% to
February 13, 2020 Elite Diagnostic Limited booked a 29% increase in revenue to total $235.92 million compared to $182.24 million for the same period in 2018. Revenue for the 2nd quarter rose by 22% to $117.92 million (2018: $96.76 million). The Company stated, “Revenue growth was buoyant driven by strong performance of the Liguanea and New Kingston locations,
February 13, 2020 Salada Foods Jamaica Limited (SALF), for the quarter ended December 31, 2019, recorded a 67% increase in turnover to $288.46 million (2018: $172.34 million). The company stated that, “Revenue improvements were attributed to increased sales in both domestic and export markets.” Cost of sales for the period increased by 61% to close the
Date: February 13, 2020 Scotia Group Jamaica Limited (SGJ) has advised that on February 7, 2020, a Director sold 10,309 SGJ shares held under the Employee Share Ownership Plan (ESOP) 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
Date: February 13, 2020 AMG Packaging & Paper Company Limited (AMG) has advised that Mr. Duke Holness and Mr. Bevon Francis, Directors of the Company, were appointed members of the Corporate Governance Committee on January 7, 2020 Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited
Date: February 13, 2020 NCB Financial Group Limited (NCBFG) has advised that Ms. Tracy-Ann Spence has been promoted to Chief Operating Officer for its subsidiary, NCB Capital Markets Limited, effective February 11, 2020. Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those
Date: February 13, 2020 Caribbean Producers Jamaica Limited (CPJ) has advised that effective February 10, 2020, David Lowe, PhD, has tendered his resignation as a member of the Board of Directors of the Company. CPJ has also advised that Mrs. Candace Hart was appointed a Director of the Board in a resolution passed at a
Date: February 13, 2020 Sagicor Group Jamaica Limited (SJ) has advised that effective February 5, 2020, Mrs. Danielle Davidson, AVP Enterprise Risk Management & Group Compliance, demitted office and Mrs. Caren Scott-Dixon will join the group to head this Unit with effect from February 6, 2020. SJ has also advised that Mrs. Scott-Dixon will operate
Date: February 13, 2020 Paramount Trading (Jamaica) Limited (PTL) has advised that the Company has executed a contract manufacturing and private labelling services agreement with Future Energy Source Company Limited (FESCO) for its line of lubricant products. This contract will value at approximately $216 million. Analyst Certification -The views expressed in this research report accurately
