Earnings

Quarterly / Annual results and analysis

Lasco Financials Cuts Selling & Promotional Expenses To Achieve Profitability In 2021

Lasco Financials Cuts Selling & Promotional Expenses To Achieve Profitability For the 12 months ended March 2021 Revenue $2.3B -8.5% Expenses $1.8B -18.9% They cut Selling & promotional expenses by $429m. A 35.9% cut Profits of $156.8m vs $56.9m loss … Continue reading

Earnings

Caribbean Cream Profits Back Into Triple Digits In 2021

Caribbean Cream saw their profits rebound in 2021, despite increased Admin expenses. Improved margins helped. For the 12 months Sales of $1.9 billion (likely its highest ever), up 9.6% Gross Margin up slightly to 33.4% from 32.0% Profits of $101 … Continue reading

Earnings

Limners and Bards Ltd Continues To See Strong Double Digit Growth

The LAB has released their April 2021 results For the Feb to Apr 2021 quarter Sales of $262.8m, up 26.1% Gross profit up 16% Big jump in Finance income $8.0m vs $1.1m last year Net profit up 23.0% to $46.5m … Continue reading

Earnings

Access Financial Does Ruthless Cost Cutting To See Rebound In 2021 Fourth Quarter

Access Financial had a big fourth quarter and ended the year with profits only down 19%, mainly due to MAJOR cost cuts in the 4th quarter. Up to Q3 their profit for the three quarters combined was behind last year’s … Continue reading

Earnings

Main Event Swings Back To The Red For April 2021

Main Event has released their results for the 6 months up to April 2021 The company continues to be hit by the slowdown in business due to the pandemic. The company made a small $8m profit in the previous quarter … Continue reading

Earnings

Lasco Distributors Hit Over $20 Billion in Sales For 2021

Lasco Distributors hit a record of $20 billion sales in 12 months for 2021 The company’s profits are also back up, to over $900 million. Profits fell over the last 2 years below $600m in 2019. Good to see the … Continue reading

Earnings

Lasco Manufacturing Hits Records In 2021

Lasco Manufacturing has released their results for the year The company has surpassed the $8 billion mark in sales. Sales up 4% Hits a record $1.4 billion in profits for 12 months The company was on track for a record … Continue reading

Earnings

Sygnus Reporting Record 9 Month Results. Now Invested In 30 Companies – Mar 2021

Sygnus Credit Investments Limited is reporting record nine-month revenue, core earnings and net profits for the period ending March 2021 The company says it was driven by growth in its private credit investment portfolio For the quarter ended March 2021 … Continue reading

Earnings, Uncategorized

Derrimon Trading Reporting A Raft of Accomplishments, Revenue & Profit Jump For The Quarter

Derrimon Trading is reporting a raft of accomplishments, along with Revenue and Profit Jump for the quarter For Jan to Mar 2021, the company achieved Revenue of $4.01 billion, an increase of $685.56 million or 20.62% Gross Profit of $751.73 … Continue reading

Earnings

Victoria Mutual Sees Profit Rebound In March 2021 Quarter

Victoria Mutual Investments Limited (VMIL) recorded Net profit of $89.59 million in Q1 2021 (March), an increase of $126.49 million over the corresponding period in 2020 Note though that last year’s results were lower than normal, so despite the growth … Continue reading

Earnings

ELITE Diagnostic Reports Highest Quarterly Profit In Over A Year – Mar 2021

Revenue for the 3rd quarter was $129.5 Million vs $111.4 Million last year – a 16% jump. Net profit for the quarter was $4.4 Million vs a loss of $2.1 Million last year. Company was able to do a lot … Continue reading

Earnings

PJAM Bounces Back – Making J$1B in 3 Months vs J$12M Last Year – Mar 2021

PanJam Investment Limited is reporting Net profit attributable to owners of $1.01 billion for the three months ended 31 March 2021 – a substantial increase over the $0.01 billion recorded in the same period in 2020, which was negatively impacted … Continue reading

Earnings

General Accident Reporting Strong Sales Growth For Jan-Mar 2021

Earnings

Mailpac Had A BIG Jan to Mar 2021

Mailpac had a very successful Jan to March The courier business 📦✈️🚚 continues to be BIG business! • They substantially outperforming last year👌👏 • Growth came from their investment in brand awareness and increased demand • Company almost hit $500 … Continue reading

Earnings

EFRESH Might Need A Lifeline Soon – Mar 2021 Results

Lots of companies blazing this quarter🔥But there are others… that will need help soon EFRESH Enters the chat I have high hopes for EFRESH.. They import and distribute dairy products, meats🥩, seafood, fruits, veg and dry goods They used to … Continue reading

Earnings

HONEYBUN Comes With Guns Blazing – Mar 2021 Results

Another company that came out with guns blazing 💣HONEYBUN! 🥞🍰🍩🍞 • Profits up 77%😮. Wow• J$77 million in 3 months vs $43 million last year• I think that’s the most they have EVER made in a quarter!

Earnings

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