Stanley Motta Ltd (JSE:SML)

#SML boasting about their high Net Profit Margins

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   • 4 years ago  • 1

Anybody here that can speak to this? The benefits of the SEZ status?

Stanley Motta #SML stands to gain significantly from this initiative since SEZ companies benefit from a reduced corporate tax of between 7.5 per cent and 12.5 per cen... read moret instead of the regular 25 per cent for other local companies.

This status also includes duty-free importation, General Consumption Tax-free importation, no requirement to pay the other port-related taxes (additional stamp duty).

In addition, SEZ status allows the company to have income tax-free profits for an indeterminate period.

The designation of SEZ status should result in some benefits for the stock price, which has fallen by 17.0 per cent since the start of the year.

Listed company, Stanley Motta Limited has received a big boost with the acquisition of special economic zone (SEZ) status.This achievement, which was confirmed earlier last month will provide significant benefits for the company going forward.In Jamaica, SEZs are being established to attract foreign direct investment, alleviate large-scale unemployment, and develop and diversify the economy. »» View story

   • 5 years ago  • 1

#SML results out

SML Q3 2019 Financials The post Stanley Motta Limited (SML) Unaudited Financial Statements for the Period Ended September 30, 2019 appeared first on Jamaica Stock Exchange. »» View story

   • 5 years ago  • 2

Anybody bought SML ipo?

SML Q2 2019 Financials The post Stanley Motta Limited (SML) Unaudited Financial Statements Second Quarter Ended 30 June 2019 appeared first on Jamaica Stock Exchange. »» View story

   • 5 years ago  • 12