United States: U.S. Trade Gap Surged to $621 Billion in 2018, 10-Year High The U.S. trade deficit widened in 2018 to a 10-year high of $621 billion, bucking President Donald Trump’s pledges to reduce it, as tax cuts boosted domestic demand for imports while the strong dollar and retaliatory tariffs weighed on exports. The annual
Date: March 05, 2019 For the period of April 2018 to January 2019, the GOJ reported Total Revenues & Grants of $496.55 billion, $3.79 billion more than the Government’s projection. Year over year, this represents an increase of approximately 14.2% relative to the $434.88 billion recorded for the corresponding period in 2017. ‘Tax Revenue’ outperformed
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
United States: Trump's Trade Step Shows U.S. Can Hit Turkey Where It Hurts President Donald Trump’s decision to strip some Turkish exporters of their preferential trade status is taken from a playbook that’s been effective in the past. American officials are pressing Ankara to abandon its longstanding agreement to buy a Russian air defense system.
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
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
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
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
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
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,