Earnings

Quarterly / Annual results and analysis

BARITA Makes J$1 BILLION In Profits 2 Quarters Straight!!!🚀👌🙌

BARITA makes J$1 BILLION in profits 2 quarters straight!!!🚀👌🙌 For their 2nd quarter ending March 2021 Barita’s impressive performance continues Net Interest Income Up Fee & Commission income Up🔥 FX gains up🔥 Investment gains down

Earnings

Supreme Ventures Is Reporting Increased Sales For Q1 Mar 2021

Supreme Ventures Is Reporting Increased Sales For Q1 Mar 2021 Management says it is a truly historic quarter for the group against 12 months of Covid’s economic impact and new competition Sales up 33% 👌Profits down 18%😖 But…

Earnings

Sagicor Financial Q4 2020 Profits Jump. JMMBGL To Benefit

Good news from Sagicor Financial They had an impressive Q4👌 Also, good news for JMMB Shareholders🥳

Sagicor Financial Corporation

Earnings

Mayberry Investments Hit Hard In 2020

Mayberry’s 2020 Revenues are almost a quarter of what they made in 2019 😟😳 In 2019 they made revenues of $2.5 billionIn 2020 $683 million

Earnings

The LAB 🎞️🎬Q1 Jan 2021 Profits Up 37%

Earnings

PanJam Investments 2020 Profits ✂️ In More Than Half 😣

Earnings

Main Event is reporting a small PROFIT, after three quarters of losses 👏 – Q1 2021

Earnings

INDIES Pharma Reporting Strong Q1 2021 Results

Earnings

New Listing: Guardian Holdings To Be Re-Listed

NCB owned Guardian Holdings Ltd will be cross listed on the Jamaica Stock Exchange The stock is currently listed on the Trinidad & Tobago Stock Exchange Management believes the JSE has been dynamic and with increased public enthusiasm Re-Listing The … Continue reading

Earnings

Victoria Mutual Investments 2020 Profits Down 28%

Mainly due to increased provision for losses and increased staff costs Revenue of $1.88 billion, up + 11.4% (primarily driven by gains from investment activities) Operating expenses, excluding the provisions up 14.7%

Earnings

Scotiabank T&T Q1 Jan 2021 Profits Up 2.1%

Profit driven by decline in expenses. Income Fell • Revenue🔻7% as both Net Interest Income and Other Income fell• Non-Interest Expenses🔻5%• Impairment losses🔻56%• ROA🔻to 2.11% from 2.16% • Profit up⬆️ to TT$146m from TT$143m Mgmt says “The Group’s quarterly performance … Continue reading

Earnings

Palace Amusement Sales🔻 87.6% for Q2 Dec 2020

Palace Amusement📽️🎬 finally released their Dec 2020 results & as expected… Its not good😟😫 Revenues🔻 87.6% for Q2 Meaning, in Dec 2019 for instance they made $255 million in sales from the Carib Cinema location alone (its largest) In 2020, … Continue reading

Earnings

Barita Dominates Financial Companies During Dec 2020 Quarter

Here’s a quick summary of how some of the regionally listed Financial companies 🏦💱 performed during the Oct – Dec 2020 quarter on Income and Profits Majority Jamaican 🇯🇲Republic Financial Holdings & First Citizens from T&T 🇹🇹 More to come

Earnings

NCB’s Guardian Holdings Ltd Full Year Profit Up 12%👏

CEO says it was another excellent year for the group👌 Net Income from Insurance underwriting🔼47% Results not affected by catastrophes (like last year) Investing income🔻28% They are listed on the TTSE Also Operating expenses 🔻marginally They have a structured transformation … Continue reading

Earnings

Blue Power🧼🛀🚿 Q3 Revenues Up 61%

Blue Power🧼🛀🚿 saw a 61% jump in sales for its 3rd quarter ended December 2020 It’s mainly due to the company getting back in the lumber🪵🪓🥴business🤷‍♂️ Company now imports and sells lumber and ply board to Lumber Depot Profit reverses … Continue reading

Earnings

RJR Group Relied On Cost✂️ to Drive Profitability – Q3 Dec 2020 Results

We noticed RJR’s stock⬆️4.7% today, so we checked their results to see if it’s worth 🥳🎉 ◾️RJR Group relied on cost✂️ to drive profitability as income🔻◾️Print📰segment heavily hit by Covid◾️Group’s revenues shifting to Audio. Was almost 50/50 now ~42% of … Continue reading

Earnings

MASSY Q1 Dec 2020 Results

🔲Revenue⬆️1.4% to TT$3.2b🔲Profit⬆️13% to TT$188m Massy Group is an investment holding / management company with three main investment portfolios:🔲Integrated Retail🔲Gas Products &🔲Motors & Machines🔲as well as other legacy lines of business 🔲Geographically, 38% of revenue came from T&T, Barbados 22%. Jamaica … Continue reading

Earnings

Cigarette Maker Carreras Slashes Admin Costs, Sees Revenue Growth – Dec 2020 Results

🔲Revenues⬆️+10.0% to J$4b🔲Margins lower as cost of goods⬆️by 12.4%🔲Admin costs slashed🔻by 39.3% from $841m to $510m🔲Profits⬆️+46.6%👏🔲Co has $2.2b cash balance and positive operating and Free Cash Flow👌

Earnings

Sygnus’ Profits Hit By Higher Interest Expenses & Fair Value Losses – Q2 Dec 2020 Results

Sygnus Credit Investments’ profits hit by higher interest expenses & fair value losses🤷‍♂️ ◾️Mainly as a result of the timing of the use of debt, SCI’s core earnings, or net investment income was🔻 by -14.1% or US$133.3k◾️Net profit was🔻by -58.1%😣or … Continue reading

Earnings

Elite Diagnostic Dec 2020 Results

Not much to report from Elite Diagnostic ⚫️Revenues⬆️+7.2% for Q2. $126.4m vs $117.9m⚫️Net profit🔻 -29.5%😣. $3.1m vs $4.4m the previous year⚫️Profit was impacted by increases in admin (+8m) and depreciation (+$7m) expenses⚫️Co remains optimistic

Earnings