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2 08, 2018

Daily Market Summary August 02, 2018

2018-08-02T20:38:35-05:00

Daily Market Summary 02.08.18 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

2 08, 2018

GK Reports 12% Increase for Six Months Net Profit

2018-08-02T16:42:23-05:00

Date: August 02, 2018 Grace Kennedy Limited (GK), for the six months ended June 30, 2018,  recorded revenue of $48.37 billion for period (2017: $46.37 billion), a year over year increase of 4%. Revenue for the second quarter of 2018 improved 3% to $23.46 billion (2017: $21.73 million). The biggest contributor to the group’s overall

2 08, 2018

LASM reports 77% increase in first quarter net profit

2018-08-02T14:25:33-05:00

Date: August 2,2018  Lasco Manufacturing Limited (LASM) for the three months ended June 30, 2018 recorded an increase of $222.67 million or 15% in total revenue to total $1.73 billion, relative to the $1.51 billion recorded for the comparable period in 2017. Cost of sales amounted to $1.12 billion (2017: $1.03 billion) for the quarter,

31 07, 2018

Dividend Declaration: Lasco Manufacturing Limited (LASM)

2018-07-31T21:24:10-05:00

July 31, 2018 Lasco Manufacturing Limited (LASM) has advised that the Board of Directors, at its meeting held on July 27, 2018, resolved that an interim dividend of $0.038 per share will be paid to shareholders on record at the close of business on August 15, 2018. The date for payment is August 31, 2018

31 07, 2018

Dividend Declaration: Access Financial Services Limited (AFS)

2018-07-31T21:22:21-05:00

July 31, 2018 Access Financial Services Limited (AFS) has advised that the Board of Directors approved a dividend payment to its ordinary shareholders at a Board Meeting held on July 30, 2018. The dividend payment is outlined below: Dividend per share - $0.22 Record Date – August 15, 2018 Payment Date – August 29, 2018

31 07, 2018

JAMT Reports 12% Decline in Nine Months Profits Attributable to Shareholders

2018-07-31T19:49:44-05:00

Date: July 31, 2018 Jamaican Teas Limited (JAMT) For the nine months June 30, 2018:- Jamaica Teas Limited (JAMT) for the nine months ended June 2018 reported a 14% increase in revenue to total $1.34 billion (2017: $1.18 billion). According to the company, “Export sales increased by a strong 25 percent, domestic manufacturing revenues grew 9

31 07, 2018

PTL reports 42% Decline in Net Profit for 2018FY

2018-07-31T18:34:05-05:00

Date: July 31, 2018 Paramount Trading (Jamaica) Limited, for the year ended May 31, 2018, recorded a 21% increase in total revenues to $1.39 billion from $1.15 billion reported in 2017.  This resulted mainly from a $151.94 million increase in the manufacturing segment which closed at $179.93 million.  The chemicals segment, which accounted for 61%

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