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5 03, 2019

Daily Market Summary – March 5, 2019

2019-03-05T20:45:43-05:00

Daily Market Summary 5.03.19 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, or will be, directly

4 03, 2019

FOSRICH reports 65% increase in year end net profit

2019-03-04T21:49:56-05:00

Date: March 04, 2019 Revenue rose by 24% to $1.29 billion relative to 2017’s $1.05 million). Revenue for the quarter amounted to $347.33 million, 39% above the $250 million booked for the similar quarter of 2017. Cost of sales increased by 32% to $759.23 million (2017: 573.01 million). As a result, gross profit increased by

4 03, 2019

Berger Paints reports a 28% decrease in net profits

2019-03-04T21:00:22-05:00

Date: March 04, 2019 BRG reported year end revenue of $2.71 billion relative to 2.36 Billion in 2017 a 15% increase year over year. The company’s total expenses totaled $2.50 billion up 18% relative to the $2.12 million reported in 2017. Of total expenses: Raw materials and consumables used rose 23% to close at $1.38

4 03, 2019

JP reports 23% growth in year end profits attributable to shareholders

2019-03-04T20:41:51-05:00

Date: March 04, 2019 Jamaica Producers Group Limited (JP), for the year ended December 31, 2018, booked a 21% increase in revenue to total $19.61 billion compared to the $16.16 billion reported in 2017. The Group posted a fourth quarter revenue of $5.36 billion, a 12% increase (2017: $4.77 billion). The Food and Drink Division

4 03, 2019

DTL reports 2% decline in year end net profit

2019-03-05T14:27:04-05:00

Date: March 04, 2019 Derrimon Trading Limited (DTL), for the year ended December 31, 2018, reported trading income of $9.30 billion compared to the $6.72 billion for the prior comparable period, a 38% increase. For the quarter, trading income went up grossly by 64%  closing at $2.96 billion (2017: $1.80 billion). Cost of sales increased

4 03, 2019

GK reports 18% increase in year end net profit

2019-03-04T20:19:10-05:00

Date: March 04, 2019 GraceKennedy Limited (GK) recorded revenue of $97.54 billion for the period (2017: $92.48 billion, a year over year increase of 5%. Revenue for the quarter of 2018 improved by 2% to $23.72 billion (2017: $23.18 billion). Segment report is as follows: The Food Trading Business reported revenue of $77.1 billion. “The

4 03, 2019

KPREIT reports 57% decline in year end net profit

2019-03-04T20:14:20-05:00

Date: March 04, 2019 Kingston Properties Limited reported Rental Income of $204.08 million, 3.95% more than the $196.32 million reported for 2017. Operating expenses grew by 6.88% to $132.88 million relative to the $124.33 million posted for the same period last year. As such, Results of Operating activities before other gains amounted to $71.198 million,

4 03, 2019

Featured Stock: LASD

2019-03-04T19:42:45-05:00

Date: March 04, 2019 Kindly click the link below to view today's featured stock. Weekly Picks 04.03.19 LASD 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

4 03, 2019

JETCON reports 40% decrease in year end net profits

2019-03-04T19:06:11-05:00

Date: March 4, 2019 Jetcon Corporation Limited (JETCON), for the twelve months December 31, 2018 reported turnover for the twelve months fell by 1% to $1.16 billion (2017: $1.18 million) while for the fourth quarter revenues dipped to $269.19 million in 2018 from $290.04 million in 2017. Cost of sales also increased by 5% to

4 03, 2019

KW reports 19.6% increase in year end net profits

2019-03-04T17:58:45-05:00

Date: March 4, 2019 Kingston Wharves Limited (KW) for the year ended December 31, 2018 reported total revenue of $7.25 billion, a 13.9% or $884.33 million increase relative to the $6.37 billion recorded for the corresponding period in 2017. Of this the terminal operations segment booked revenues of $5.34 billion (2017: $4.92 billion), while Logistics

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