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Businessuite 2017 Skin Index By Company – Caribbean

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Businessuite 2017 Skin Index -By Company Caribbean
2017 Rank Executive Company Skin Holdings 2016 US$ 2017 Skin Index
1 John W. Lee 138 Student Living Jamaica Limited 167,439,627 $6,262,840 40.40%
2 Douglas Stibel 138 Student Living Jamaica Limited 15,673,025 $586,227 3.78%
3 Oliver Clarke 1834 Investments Limited 434,557,600 $4,063,501 35.88%
4 Joseph Matalon 1834 Investments Limited 93,628,124 $875,506 7.73%
5 Christopher Barnes 1834 Investments Limited 5,308,834 $49,642 0.44%
6 Douglas R. Orane 1834 Investments Limited 1,053,553 $9,852 0.09%
7 Marcus James Access Financial Services Limited 120,220,534 $20,609,770 43.79%
8 Neville James Access Financial Services Limited 7,174,950 $1,230,023 2.61%
9 Christian Mouttet Agostini’s Limited 29,526,008 $81,921,818 42.80%
10 Anthony J. Agostini Agostini’s Limited 746,685 $2,071,726 1.08%
11 Rajesh Rajkumarsingh Agostini’s Limited 28,230 $78,326 0.04%
12 Joseph Esau Agostini’s Limited 10,000 $27,746 0.01%
13 Antonia Hugh AMG Packaging & Paper Co Ltd 32,351,718 $6,178,918 31.60%
14 George Hugh AMG Packaging & Paper Co Ltd 24,263,792 $4,634,190 23.70%
15 Mark Chin/Paul Chin AMG Packaging & Paper Co Ltd 24,263,792 $4,634,190 23.70%
16 Dr. Rolph N.S. Balgobin Angostura Holdings Limited 0 $0 0.00%
17 Robert Wong Angostura Holdings Limited 0 $0 0.00%
18 Romesh Singh Angostura Holdings Limited 0 $0 0.00%
19 Anthony N. Sabga ANSA Mc Al Limited 110,898,547 $1,168,573,955 62.94%
20 A. Norman Sabga ANSA Mc Al Limited 1,649,453 $17,380,821 0.94%
21 David B. Sabga ANSA Mc Al Limited 172,404 $1,816,677 0.10%
22 Andrew N. Sabga ANSA Mc Al Limited 122,858 $1,294,595 0.07%
23 Aneal Maharaj ANSA Mc Al Limited 21,202 $223,412 0.01%
24 Anthony N. Sabga ANSA Merchant Bank Limited 72,929,056 $463,397,478 85.19%
25 Gregory N. Hill ANSA Merchant Bank Limited 0 $0 0.00%
26 Trevor Edwards ANSA Merchant Bank Limited 0 $0 0.00%
27 Banks Holdings Limited 0 $0 0.00%
28 Rita Humphries-Lewin Barita Investments 339,975,664 $15,895,379 76.40%
29 John Minott Barita Investments 5,885,322 $275,165 1.32%
30 Karl Lewin Barita Investments 5,675,322 $265,347 1.28%
31 George W. Cooper Barita Investments 5,302,322 $247,907 1.19%
32 Ian A Mcnaughton Barita Investments 296,000 $13,839 0.07%
33 Peta Rose Hall Barita Investor only 11,188,814 $523,127 2.51%
34 Mustafa Turra Berger Paints Ltd 0 $0 0.00%
35 Directors’ Shareholding Berger Paints Trinidad Limited 0 $0 0.00%
36 Senior Management Berger Paints Trinidad Limited 0 $0 0.00%
37 BICO Industries Limited 0 $0 0.00%
38 Dahru Tanner Blue Power Group Limited 28,300,800 $6,615,943 50.09%
39 Ivan Berry C2W Music Limited 180,000,000 $490,922 45.00%
40 Derek Wilkie C2W Music Limited 80,000,000 $218,187 20.00%
41 Cable & Wireless (Barbados) Limited 0 $0 0.00%
42 Garfield H Sinclair Cable and Wireless Jamaica – FLOW 4,021,000 $25,067 0.02%
43 Steven Marston CAC 2000 Limited 67,462,522 $2,602,193 52.28%
44 Colin Roberts CAC 2000 Limited 27,355,291 $1,055,160 21.20%
45 Antony Hart Cargo Handlers Limited 11,324,264 $1,632,501 27.21%
46 Mark Hart Cargo Handlers Limited 10,991,198 $1,584,487 26.41%
47 Jane Fray Cargo Handlers Limited 10,991,198 $1,584,487 26.41%
48 Thersa Chin Cargo Handlers Limited 760,022 $109,564 1.83%
49 Alejandro Vares Caribbean Cement Co. 300 $79 0.00%
50 Scoops Un-Limited Limited Caribbean Cream Limited 121,141,801 $7,079,900 32.00%
51 Carol Clarke Webster Caribbean Cream Limited 58,521,764 $3,420,192 15.46%
52 Matthew G. Clarke Caribbean Cream Limited 58,221,764 $3,402,659 15.38%
53 Christpher Clarke Caribbean Cream Limited 53,221,764 $3,110,444 14.06%
54 Derrick Cotterll Caribbean Flavours & Fragrances Ltd 67,457,330 $6,307,862 75.02%
55 Ian C. Kelly Caribbean Flavours & Fragrances Ltd 2,322,814 $217,204 2.58%
56 Anthony James Caribbean Flavours & Fragrances Ltd 820,700 $76,743 0.91%
57 Mark Hart Caribbean Producers Ja Ltd 880,000,000 $22,629,159 80.00%
58 Marcus Steele Carreras Limited 0 $0 0.00%
59  R. Geoffrey Cave, Cave Shepherd & Company Limited 5,858,534 $10,252,435 32.02%
60 R. M. Cave Cave Shepherd & Company Limited 320,235 $560,411 1.75%
61  John M. B. Williams Cave Shepherd & Company Limited 56,602 $99,054 0.31%
62 Anthony Chang Consolidated Bakeries (Jamaica) Ltd 155,675,286 $2,741,574 69.90%
63 Derrick Cotterll Derrimon Trading Company Ltd 110,000,000 $4,714,408 40.24%
63 Monique Cotterll Derrimon Trading Company Ltd 40,000,000 $1,714,330 14.63%
64 Ian C. Kelly Derrimon Trading Company Ltd 15,743,459 $674,737 5.76%
65 Winston Thomas Derrimon Trading Company Ltd 13,363,979 $572,757 4.89%
66 Stafford Burrowes Dolphin Cove Limited 45,367,938 $5,302,884 11.56%
67 Marilyn Burrowes Dolphin Cove Limited 1,000,008 $116,887 0.25%
68 Nicholas Scott Eppley Limited 156,849 $898,340 19.70%
69 Nigel Clarke Eppley Limited 142,631 $816,908 17.91%
70 Melanie Subratie Eppley Limited 136,020 $779,044 17.08%
71 P.B. Scott Eppley Limited 136,020 $779,044 17.08%
72 Owned by Parent 91.67% First Caribbean International Bank Ltd 0 $0 0.00%
73 Sharon Christopher First Citizens Bank Limited 23,227 $128,742 0.01%
74 Jason Julien First Citizens Bank Limited 5,000 $27,714 0.00%
75 Richard Look Kin First Citizens Bank Limited 2,381 $13,197 0.00%
76 Karen Darbasie First Citizens Bank Limited 0 $0 0.00%
77 Anthony Isidore Smart First Citizens Bank Limited 0 $0 0.00%
78 Sharon Donaldson General Accident Insurance Co Ltd 3,377,956 $73,703 0.33%
79 William Putnam Goddard Enterprises Limited 502,027 $2,261,632 0.89%
80 Charles Herbert Goddard Enterprises Limited 159,097 $716,732 0.28%
81 Anthony Ali Goddard Enterprises Limited 18,141 $81,725 0.03%
82 Douglas R. Orane Gracekennedy Ltd. 21,358,272 $6,823,729 6.45%
83 Donald G. Wehby Gracekennedy Ltd. 10,929,855 $3,491,966 3.30%
84 Ryan Mack Gracekennedy Ltd. 1,202,460 $384,173 1.49%
85 Frank A. R. James Gracekennedy Ltd. 2,010,153 $642,221 0.61%
86 Michael Ranglin Gracekennedy Ltd. 1,568,097 $500,989 0.47%
87 Gordon V. Shirley Gracekennedy Ltd. 612,092 $195,557 0.18%
88 Arthur Lok Jack Guardian Holdings Limited 14,590,771 $29,246,740 6.29%
89 Peter Ganteaume Guardian Holdings Limited 645,000 $1,292,882 0.28%
90 Fé Lopez-Collymore Guardian Holdings Limited 291,913 $585,130 0.13%
91 Brent Ford Guardian Holdings Limited 268,417 $538,033 0.12%
92 Richard Espinet Guardian Holdings Limited 124,758 $250,073 0.05%
93 Ravi Tewari Guardian Holdings Limited 116,044 $232,607 0.05%
94 Anthony N. Sabga III Guardian Media Limited 9,035 $27,187 0.02%
95 Teresa White Guardian Media Limited 0 $0 0.00%
96 Larry Jerome Guardian Media Limited 0 $0 0.00%
97 Michelle Chong Honey Bun (1982) Limited 37,500,000 $1,709,460 39.79%
98 Herbert Chong Honey Bun (1982) Limited 37,500,000 $1,709,460 39.79%
99 Ingrid Innes Insurance Corporation of Barbados Ltd 23,979 $45,081 0.06%
100 Goulbourne Alleyne, Insurance Corporation of Barbados Ltd 7,985 $15,012 0.02%
101 R. John Wight Insurance Corporation of Barbados Ltd 0 $0 0.00%
102 Richard Evan Thwaites IronRock Insurance Company Limited 56,000,000 $1,745,500 26.17%
103 William A. McConnell IronRock Insurance Company Limited 54,500,000 $1,698,745 25.47%
104 Wayne N. Hardie IronRock Insurance Company Limited 1,025,727 $31,972 0.48%
105 Dennis Smith (Gencorp Limited) ISP Finance Services Limited 54,517,500 $3,610,993 51.92%
106 Robert Chung (Sunfisher Corp) ISP Finance Services Limited 45,832,500 $3,035,738 43.65%
107 Primrose Smith ISP Finance Services Limited 1,500,000 $99,353 1.43%
108 Robert Levy Jamaica Broilers Group 152,376,620 $17,691,979 12.71%
109 Christopher Levy Jamaica Broilers Group 16,844,106 $1,955,717 1.40%
110 Claudette Cook Jamaica Broilers Group 4,060,899 $471,498 0.34%
111 Ian Parsard Jamaica Broilers Group 3,207,739 $372,441 0.27%
112 Charles. H. Johnston Jamaica Producers Group 17,510,498 $1,262,153 9.36%
113 M. McG. Hall Jamaica Producers Group 16,769,284 $1,208,727 8.97%
114 Mrs. K.A.J. Moss Jamaica Producers Group 6,060,078 $436,809 3.24%
115  Jeffrey. McG. Hall Jamaica Producers Group 4,418,537 $318,487 2.36%
116 Robin Levy Jamaica Stock Exchange Ltd 50,000 $2,143 0.04%
117 Marlene Street Forrest Jamaica Stock Exchange Ltd 30,000 $1,286 0.02%
118 Violet Helen Mahfood Jamaican Teas Limited 118,015,318 $4,460,175 34.98%
119 John Mahfood Jamaican Teas Limited 94,064,178 $3,554,985 27.88%
120 Norman Russell Jamaican Teas Limited 300,000 $11,338 0.09%
121 Andrew Jackson Jetcon Corporation Limited 117,302,400 $5,484,411 60.31%
122 John Jackson Jetcon Corporation Limited 1,620,000 $75,742 0.83%
123 Keith P. Duncan JMMB Group Ltd 101,144,376 $11,428,298 6.20%
124 Donna Duncan-Scott JMMB Group Ltd 87,013,712 $9,831,675 5.34%
125 Noel A. Lyon JMMB Group Ltd 84,061,652 $9,498,122 5.16%
126 Wayne Sutherland JMMB Group Ltd 38,050,860 $4,299,365 2.33%
127 Archibald Campbell JMMB Group Ltd 363,227 $41,041 0.02%
128 Natalia Gobin-Gunter Key Insurance Company Limited 88,405,445 $1,791,118 25.11%
129 Sandra Masterton Key Insurance Company Limited 88,405,444 $1,791,118 25.11%
130 Kayla Abrahams Key Insurance Company Limited 88,405,444 $1,791,118 25.11%
131 Garfield H Sinclair Kingston Properties Limited 4,164,407 $324,508 2.59%
132 Kevin Richards Kingston Properties Limited 10,500 $818 0.01%
133 Grantley Stephenson Kingston Wharves 331,369 $51,669 0.02%
134 Joseph Bogdanovich KLE Group Limited 23,168,835 $352,055 23.17%
135 Gary Matalon KLE Group Limited 16,073,628 $244,242 16.07%
136 Stephen Shirley KLE Group Limited 10,111,500 $153,646 10.11%
137 Oliver Townsend Knutsford Express Limited 33,526,664 $5,225,070 33.53%
138 Anthony Copeland Knutsford Express Limited 23,926,664 $3,728,928 23.93%
139 Gordon Townsend Knutsford Express Limited 17,526,664 $2,731,499 17.53%
140 Lascelles Chin Lasco Distributors Limited 2,668,889,040 $146,619,401 79.07%
141 Eileen Chin Lasco Distributors Limited 15,006,740 $824,418 0.44%
142 Peter Chin Lasco Distributors Limited 14,000,000 $769,111 0.41%
143 A. Alex Balogun Lasco Distributors Limited 3,429,733 $188,417 0.10%
144 Lascelles Chin Lasco Financial Services Limited 761,704,332 $18,459,444 62.02%
145 Jacinth Hall-Tracey Lasco Financial Services Limited 7,346,198 $178,031 0.60%
146 Lascelles Chin Lasco Manufacturing Limited 3,247,122,250 $126,514,543 79.45%
147 Eileen Chin Lasco Manufacturing Limited 16,000,000 $623,393 0.39%
148 Peter Chin Lasco Manufacturing Limited 5,585,980 $217,641 0.14%
149 Ian Dear Margaritaville Caribbean Limited 25,000 $1,068 50.00%
150 Elliot Gervase Warner Massy Holdings Limited 161,588 $1,331,439 0.17%
151 Paula Rajkumarsingh Massy Holdings Limited 145,017 $1,194,898 0.15%
152 Angela Hamel-Smith Massy Holdings Limited 82,296 $678,095 0.08%
153 Robert Bermudez Massy Holdings Limited 27,849 $229,468 0.03%
154 Christopher Berry Mayberry Investments Ltd. 470,222,514 $20,152,917 39.15%
155 Konrad Berry Mayberry Investments Ltd. 465,985,397 $19,971,321 38.79%
156 Gary Peart Mayberry Investments Ltd. 34,740,915 $1,488,935 2.89%
157 Winston Boothe Medical Disposables & Supplies Ltd 50,000,000 $1,636,406 19.00%
158 Myrtis Boothe Medical Disposables & Supplies Ltd 50,000,000 $1,636,406 19.00%
159 Kurt Boothe Medical Disposables & Supplies Ltd 50,000,000 $1,636,406 19.00%
160 Nikeisha Boothe Medical Disposables & Supplies Ltd 50,000,000 $1,636,406 19.00%
161 Michael Lee Chin National Commercial Bank Jamaica Ltd. 1,615,291,544 $629,350,715 65.48%
162 Patrick Hylton National Commercial Bank Jamaica Ltd. 18,799,058 $7,324,499 0.76%
163 Dennis Cohen National Commercial Bank Jamaica Ltd. 86,480 $33,694 0.00%
164 Jerry Hospedales National Enterprises Limited 8,410 $14,192 0.00%
165 Ross Alexander National Enterprises Limited 2,000 $3,375 0.00%
166 Terrance Clarke National Enterprises Limited 0 $0 0.00%
167 John Lum Young One Caribbean Media Limited 170,500 $537,633 0.26%
168 Rashidan Bolai One Caribbean Media Limited 40,000 $126,131 0.06%
169 Dawn Thomas One Caribbean Media Limited 2,000 $6,307 0.00%
170 Faarees Hosein One Caribbean Media Limited 0 $0 0.00%
171 Anthony Shaw One Caribbean Media Limited 0 $0 0.00%
172 Charles Graham Palace Amusement 1,074,444 $1,632,639 74.77%
173 Stephen B Facey Pan-Jamaican Investment Trust 433,878,694 $94,666,901 40.70%
174 Paul Facey Pan-Jamaican Investment Trust 433,878,694 $94,666,901 40.70%
175 Hugh Graham Paramount Trading (Jamaica) Ltd 123,396,684 $2,884,673 80.00%
176 Radcliff Knibbs Paramount Trading (Jamaica) Ltd 3,053,605 $71,385 1.98%
177 Harold Ragbir PLIPDECO Limited 4,046 $2,372 0.01%
178 Ernest Ashley Taylor PLIPDECO Limited 4,000 $2,345 0.01%
179 Ian R. H. Atherly PLIPDECO Limited 0 $0 0.00%
180 Haroon Fyzool Awardy PLIPDECO Limited 0 $0 0.00%
181 Christian E. Mouttet Prestige Holdings Limited 42,685,422 $74,401,376 68.28%
182 Angela Sobrian Prestige Holdings Limited 136,512 $237,943 0.22%
183 Charles R. Pashley Prestige Holdings Limited 110,000 $191,732 0.18%
184 Anthony Martins Prestige Holdings Limited 79,996 $139,434 0.13%
185 Peter Bunting Proven Investments Limited 30,087,130 $4,337,348 5.45%
186 Winston Hepburn Proven Investments Limited 10,200,000 $1,470,428 1.85%
187 Garfield H Sinclair Proven Investments Limited 5,505,218 $793,630 1.00%
188 Kingsley Cooper Pulse Invesments Ltd. 198,344,919 $4,636,755 72.98%
189 Romae Gordon Pulse Invesments Ltd. 1,635,279 $38,228 0.60%
190 Safia Cooper Pulse Invesments Ltd. 1,079,422 $25,234 0.40%
191 J. A. Lester Spaulding Radio Jamaica 26,607,207 $269,535 7.44%
192 Christopher Barnes Radio Jamaica 4,307,000 $43,630 1.20%
193 Gary Allen Radio Jamaica 361,228 $3,659 0.10%
194 Parasram Heerah Readymix (West Indies) Limited 5,645 $9,830 0.05%
195 Malcolm Sooknanan Readymix (West Indies) Limited 0 $0 0.00%
196 Nigel Edwards Readymix (West Indies) Limited 0 $0 0.00%
197 Andres Peña Readymix (West Indies) Limited 0 $0 0.00%
198 Nigel M. Baptiste Republic Financial Holdings Limited 17,070 $293,313 0.01%
199 Parasram Salickram Republic Financial Holdings Limited 10,183 $174,974 0.01%
200 Anthony C. Subero Republic Financial Holdings Limited 9,294 $159,699 0.01%
201 Ronald F. deC. Harford Republic Financial Holdings Limited 4,574 $78,595 0.00%
202 Dodrige Miller Sagicor Financial Corporation 1,707,967 $1,716,507 0.56%
203 Richard Kellman Sagicor Financial Corporation 421,576 $423,684 0.14%
204 Stephen McNamara Sagicor Financial Corporation 23,993 $24,113 0.01%
205 Richard Byles Sagicor Group Jamaica Limited 25,617,515 $5,789,043 0.66%
206 Donovan Perkins Sagicor Group Jamaica Limited 12,207,687 $2,758,692 0.31%
207 Ivan Carter Sagicor Group Jamaica Limited 9,076,673 $2,051,146 0.23%
208 Rohan Miller Sagicor Group Jamaica Limited 2,595,465 $586,523 0.07%
209 Philip Armstrong Sagicor Group Jamaica Limited 2,547,982 $575,793 0.07%
210 Mark Chisholm Sagicor Group Jamaica Limited 2,391,853 $540,511 0.06%
211 Richard Byles Sagicor Real Estate X Fund 5,389,505 $495,987 0.24%
212 Rohan Miller Sagicor Real Estate X Fund 500,000 $46,014 0.02%
213 Donovan Lewis Salada Foods Jamaica 81,447,767 $5,394,732 78.40%
214 Patsy Latchman-Atterbury Scotia Group Jamaica 191,576 $54,862 0.01%
215 Jacqueline Sharp Scotia Group Jamaica 190,010 $54,413 0.01%
216 Horace (Craig) Mair Scotia Group Jamaica 24,741 $7,085 0.00%
217 Lissant Mitchell Scotia Investments Jamaica 2,000 $521 0.00%
218 Reshard Mohammed Scotiabank Trinidad & Tobago Limited 2,076 $19,356 0.00%
219 Anya M. Schnoor Scotiabank Trinidad & Tobago Limited 500 $4,662 0.00%
220 Tricia De La Rosa-Camacho Scotiabank Trinidad & Tobago Limited 0 $0 0.00%
221 Brendan King Scotiabank Trinidad & Tobago Limited 0 $0 0.00%
222 Richard Pandohie Seprod Limited 200,000 $45,975 0.04%
223 Charles Ross Sterling Investments Limited 1,892,790 $231,566 3.39%
224 Ian Kent Levy Supreme Ventures 324,541,171 $13,403,477 12.31%
225 Paul Hoo Supreme Ventures 170,000,000 $7,020,962 6.45%
226 James Morrison Supreme Ventures 345,165 $14,255 0.01%
227 Henry Graham Sweet Rier Abattoir & Supplis Company 15,035,009 $452,234 18.44%
228 Valdence Gifford Sweet Rier Abattoir & Supplis Company 4,995,058 $150,245 6.13%
229 Ranjit R Jeewan The West Indian Tobacco Company Ltd 28,000 $563,203 0.03%
230 Jean-Pierre S du Coudray The West Indian Tobacco Company Ltd 14,219 $286,007 0.02%
231 Solmer Thom The West Indian Tobacco Company Ltd 50 $1,006 0.00%
232 Anthony E Phillip The West Indian Tobacco Company Ltd 0 $0 0.00%
233 Anand Ragbir Trinidad and Tobago NGL Limited 28,238 $93,964 0.02%
234 Gerry C. Brooks Trinidad and Tobago NGL Limited 10,694 $35,585 0.01%
235 Andrew Jupiter Trinidad and Tobago NGL Limited 9,078 $30,208 0.01%
236 Sheldon K. Sylvester Trinidad and Tobago NGL Limited 0 $0 0.00%
237 Wilfred Espinet Trinidad Cement Limited 10,285,195 $7,170,904 2.75%
238 Parasram Heerah Trinidad Cement Limited 1,735,277 $1,209,846 0.46%
239 Jinda Maharaj Trinidad Cement Limited 1,071,532 $747,079 0.29%
240 José Luis Seijo González Trinidad Cement Limited 0 $0 0.00%
241 Edward Charles Alexander tTech Limited 41,284,834 $1,705,054 38.95%
242 Norman Abraham Chen tTech Limited 15,391,566 $635,668 14.52%
243 Christopher Reckord tTech Limited 15,263,795 $630,391 14.40%
244 Hugh O’Brian Allen tTech Limited 8,806,028 $363,687 8.31%
245 Marcelle Smart tTech Limited 2,370,399 $97,897 2.24%
246 Roxane E. de Freitas Unilever Caribbean Limited 1,000 $9,482 0.00%
247 Pablo Garrido Unilever Caribbean Limited 0 $0 0.00%
248 Lucy Walsh Unilever Caribbean Limited 0 $0 0.00%
249 Mark Beepath Unilever Caribbean Limited 0 $0 0.00%
250 Christopher D. Bynoe West India Biscuit Company Limited 0 $0 0.00%
251 Adrian Padmore West India Biscuit Company Limited 0 $0 0.00%

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2 years ago

[…] Businessuite 2017 Skin Index By Company – Caribbean […]

Businessuite Markets

The Strategic Importance of Investor Communication and Recommendations for Caribbean Listed Companies

By embracing these practices, Caribbean listed companies can foster stronger relationships with investors, enhance market perceptions, and potentially realize higher valuations that reflect their true intrinsic value.

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Effective communication with investors is not merely a compliance exercise; it’s a strategic imperative that influences a company’s market valuation and access to capital.

Key benefits include:

Enhanced Market Valuation: Transparent and consistent communication reduces information asymmetry, leading to improved investor confidence and potentially higher stock valuations.

Improved Liquidity: Engaged investors are more likely to trade shares, increasing liquidity and reducing volatility.

Broader Investor Base: Proactive communication attracts a diverse range of investors, including retail investors who can provide stability and advocacy for the company.

Resilience During Crises: Companies that maintain open lines of communication are better positioned to navigate challenges and retain investor trust during turbulent times.

Global Trends in Investor Relations
Internationally, companies are adopting innovative strategies to engage with investors:

1. Digital Engagement Platforms
Companies are leveraging digital tools to provide real-time updates and interactive content:
Investor Portals: Secure platforms offering access to financial reports, updates, and company news.
Webinars and Virtual Events: Facilitating direct interaction between management and investors.
Social Media: Utilizing platforms like LinkedIn, Twitter, and YouTube to disseminate information and engage with a broader audience.

2. Personalized Communication
Tailoring messages to specific investor segments enhances relevance and engagement:

Segmented Reporting: Providing information tailored to the interests of different investor groups.
Interactive Content: Using videos, infographics, and interactive reports to make complex information more accessible.

3. Emphasis on ESG Reporting
Environmental, Social, and Governance (ESG) factors are increasingly influencing investment decisions:

Transparent ESG Disclosures: Providing comprehensive reports on ESG initiatives and performance.

Integrated Reporting: Combining financial and non-financial information to present a holistic view of the company’s performance and strategy.

Recommendations for  Caribbean Listed Companies
To bridge the communication gap and unlock shareholder value, Caribbean listed companies should consider the following strategies:

Establish Robust Investor Relations Programs: Develop dedicated IR teams or functions responsible for managing investor communications and relationships.

Leverage Digital Channels: Utilize websites, social media, and email newsletters to provide timely and accessible information to investors.

Host Regular Investor Events: Organize webinars, virtual town halls, and Q&A sessions to engage directly with investors and address their concerns.

Enhance Transparency and Disclosure: Provide clear, comprehensive, and timely information on financial performance, strategic initiatives, and ESG efforts.

Solicit and Act on Investor Feedback: Implement mechanisms to gather investor input and demonstrate responsiveness to their concerns and suggestions.

Adopt Integrated Reporting Practices: Combine financial and non-financial reporting to present a cohesive narrative of the company’s value creation strategy.

By embracing these practices, Caribbean listed companies can foster stronger relationships with investors, enhance market perceptions, and potentially realize higher valuations that reflect their true intrinsic value.

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Businessuite Markets

Spur Tree Spices Projects Growth from Product Innovation, Domestic Sales, and E-Commerce Scaling

The Company expects continued growth in the traditional product segments, supported by the rollout of new products, increased domestic sales through expanded retail penetration and stronger trade execution, and the scaling of its Amazon and e-commerce presence through optimised listings, targeted advertising, and improved fulfilment efficiency.

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Albert Bailey Chief Executive Officer Has Released The Following Report On The Financial Performance Of Spur Tree Spices Jamaica Limited For The First Quarter Ended March 31, 2025, Including The Presentation Of Unaudited Financial Statements Prepared In Accordance With International Financial Reporting Standards

The Company’s overall results for the first quarter were shaped by several ongoing challenges in the agro-processing sector. These challenges disproportionately impacted the subsidiaries. However, amidst these challenges, there were many positive indicators, including continued double-digit revenue growth in the traditional seasonings and sauces segment of the business. While profit performance for the quarter declined compared to the corresponding period for 2024, the company remains on track for a successful year. In the coming months, all indicators point to the normalisation of key raw material supply, including ackee. These factors, combined with expected growth from new product segments and continued expansion of traditional product categories, put the company on a firm path to continued success.

Consolidated revenue for the first quarter totalled J$336.39 million, compared to J$394.49 million in the corresponding period 2024, representing a 17.3% decline. This was primarily due to continued constraints in the supply of ackee, a key raw material for the Company’s subsidiaries. Despite this challenge, the Company recorded notable growth in several categories, including seasonings, sauces, and dried products, supported by expanded distribution in local and export markets, strong consumer demand, and the successful launch of new product lines.

Cost of Sales for the period amounted to J$245.86 million, or 73.09% of revenue, compared to J$287.62 million (72.91%) in Q1 2024. The slight increase in the cost-to-revenue ratio reflects the shift in product mix, as the Company adjusted production output to include a higher proportion of lower-margin items in response to the limited availability of ackee. Though not ideal, these measures enabled the business to sustain production and meet customer demand amidst raw material constraints.

Gross Profit for the quarter was J$90.53 million, down from J$106.86 million in the corresponding period of the previous year, a 15.3% decline. This was driven by the revenue reduction and a greater contribution from lower-margin substitute products produced during the ackee shortfall.

Nonetheless, the Company remains optimistic about the recovery of gross margins in the coming quarters. Continued rollout of new and value-added products across core and subsidiary operations is expected to improve the overall margin profile. In addition, the gradual recovery of ackee supply, enabled by targeted investments in farming and expanded sourcing, is expected to restore availability and strengthen the Company’s higher-margin revenue base. Together with ongoing cost-efficiency measures, these strategic actions are anticipated to drive improved profitability as the year progresses.

Administrative Expenses for the quarter amounted to J$69.62 million, representing a 2.5% reduction compared to J$71.38 million in Q1 2024. This reflects the Company’s disciplined approach to cost management and operational efficiency while ensuring that critical support functions remain in place to advance strategic objectives.

Finance Costs rose to J$12.05 million, compared to J$9.54 million in the same period last year, an increase of 26.3%. This was primarily due to interest on an additional J$55 million loan secured to support Spur Tree’s farming operations. This investment is key to the Company’s broader strategy to stabilise raw material supply and ensure production continuity.

Net Profit attributable to the Company totalled J$12.00 million, down from J$28.18 million in Q1 2024, representing a 57.3% decline. The result was mainly impacted by the continued raw material shortages affecting subsidiary operations, which offset gains achieved through product expansion and cost containment elsewhere in the Company.

At the end of the reporting period, Cash and Cash Equivalents stood at $131.7 million, reflecting a 26% increase over the $104.4 million reported for the corresponding period in 2024. Total Assets increased to $1.68 billion, up from $1.56 billion, representing an 8% yearover-year improvement. Shareholders’ Equity also strengthened, rising by 9% to $1.03 billion compared to $948 million in the prior year.

Although the consolidated performance fell below expectations for the quarter, the Company remains confident in its long-term strategy. Investments in farming, supply chain resilience, and innovation are expected to yield increasing benefits in the quarters ahead, supporting recovery and future growth.

Outlook

The outlook for 2025 remains positive despite the temporary headwinds experienced in the first quarter. The Company continues to demonstrate resilience and growth in its core operations, with strong performance across established and new product categories, supported by increased market penetration locally and internationally.

The Company expects continued growth in the traditional product segments, supported by the rollout of new products, increased domestic sales through expanded retail penetration and stronger trade execution, and the scaling of its Amazon and e-commerce presence through optimised listings, targeted advertising, and improved fulfilment efficiency.

The Company’s subsidiaries are actively pursuing product diversification strategies to safeguard the ackee supply, which we expect to normalise in the coming months. The Company is also broadening its portfolio to include other complementary items. This will lead to a return to an overall profit position by the end of the year.

Investment in direct farming continues to be a cornerstone of the Company’s strategy. It enhances the availability of raw materials and strengthens supply chain resilience. These efforts are expected to increase value throughout the year, supporting operational stability and margin recovery.

With these initiatives firmly in motion, the Company is well-positioned to build momentum over the coming quarters. Management remains focused on delivering sustainable growth and creating long-term value for all stakeholders.

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Mailpac Group Doubles Q1 Revenue to $716.4M, Driven by My Cart Express Integration

The Company delivered a strong performance for the first quarter of the financial year, with total revenues of $716.4 million, representing a 94% increase over the J$368.5 million reported for the corresponding period in 2024. This growth was primarily driven by the integration of My Cart Express in reporting.

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Khary Robinson Executive Chairman, Mailpac Group Limited has released the following Unaudited Financial Statements for the First Quarter Ended March 31, 2025

Throughout the quarter, Mailpac focused on improving service delivery, and increasing customer conversions.

Despite an increasingly competitive marketplace and external factors threatening efficiencies, our financial performance reflected the impact of our continued focus on long-term growth and sustainability, delivering superb results for the period.

Financial Performance: The Company delivered a strong performance for the first quarter of the financial year, with total revenues of $716.4 million, representing a 94% increase over the J$368.5 million reported for the corresponding period in 2024. This growth was primarily driven by the integration of My Cart Express in reporting. Gross profit for the quarter amounted to $388.7 million, compared to $197.9 million for the same period last year, reflecting improved margins and operational efficiencies. This improvement is attributed to increased operational efficiencies and negotiated cost reductions achieved through economies of scale. The Company recorded net profit of $69.7 million of Q1 2025, an increase from $50.1 million in Q1 2024, representing a 39% year-over-year increase. Strategic Developments and

Financial Position: During the quarter, Mailpac continued to make significant capital investment in technology infrastructure and logistics to support long-term scalability and development of service offerings, Additionally, we continue to benefit from the tax remission under the Jamaica Stock Exchange Junior Market rules, now at 50%, following the completion of the initial 5-year full remission period in December 2024.

As at March 31, 2025, Mailpac Group Limited reported total assets of $2.3 billion, up from $626.3 million as at March 31, 2024. The increase is largely attributed to the rise in intangible assets following the acquisition and increased right-of-use assets.

Shareholders’ equity grew to $806.2 million, compared to $537.9 million in the prior year. Outlook: The Company remains focused on growth through innovation, strategic partnerships, and enhanced customer experiences. With an increasingly digital consumer landscape and our expanding footprint, we are confident in delivering continued value to shareholders and stakeholders alike. The Board of Directors and management team would like to express our appreciation to our shareholders, customers, employees and partners for their continued support. We remain committed to delivering value for all out stakeholders and thank you for your unwavering trust in Mailpac.

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Kingston Properties Reports Robust Q1 Growth in Core Revenues and Net Income

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Kevin G. Richards Chief Executive Officer Of Kingston Properties Limited (KPREIT) Has Released The Following Unaudited Financial Statements For The First Quarter Ended March 31, 2025

The Group delivered a robust performance for the first quarter of the year with solid growth in core operating revenues and net income. This positive performance reflects the strategic expansion of our investment property portfolio and effective property management, which have both contributed to higher rental rates and increased property values. We expanded our footprint in the United Kingdom (UK) market while constantly evaluating the existing portfolio for optimization opportunities. We have deployed cash resources into high yielding investment assets which is now driving improved operating results and we have officially commenced construction of our first greenfield warehouse project at Rosseau Road. Additionally, the Group’s successful efforts to re-let vacant spaces resulted in a 92% occupancy rate during the reporting period, being an 11% improvement on occupancy at the start of the year. We continue to benefit from a resilient tenant base which operates across a variety of industries including financial, warehousing and logistics, manufacturing, and government services.

INCOME STATEMENT

Group rental income was $1.38 million for the three months ending March 31, 2025, which represents a 24% increase over the same prior year period. The addition of 2530 Aztec West Business Park in the UK and Duke Street buildings in Jamaica, along with improved rental rates on some properties across the portfolio, are the primary factors impacting the year over year growth in rental income. Group operating expenses for 1Q2025, which includes administrative and property management expenses, increased to $583,539 compared to $389,089 in 2024. This increase is attributable to higher staff costs, increased professional fees associated with the expansion of the UK portfolio, as well as broker fees and the legal cost of letting vacant spaces in Jamaica and Cayman Islands.

Results of operating activities before other income of $799,769 for 1Q2025, reflects an 11% improvement over the $722,901 during the same prior year quarter. Additionally, having reclassified an asset for disposal, we recognised a fair value gain of $371,908 during the period, resulting in Group operating profits of $1.3 million for 1Q2025, which is slightly ahead of the same prior year period.

Net Finance Cost (NFC) amounted to $392,597 compared to $332,551 in 1Q2024 due to the growth in our debt portfolio, which funded the increase in assets under management. The Group continues to secure financing on favourable terms to take advantage of prime investment opportunities which improves our operating performance.

After adjusting for a reduction in deferred taxes liabilities, Profit after tax in 1Q2025 amounted to $1,001,437 million versus $946,357 for the first quarter of 2024, representing an increase of 6% YoY.

Funds from operations (FFO) for the first three months of the year moved to $519,851 compared to $336,081 for the same period in 2024, yielding growth in a key liquidity performance indicator, of approximately 55% YOY.

GROUP BALANCE SHEET

Following the 2H2024 acquisitions of the Duke Street properties and 2530 Aztec West along with improvements in the fair value of our assets at the end of FY2024, the Group acquired a second office building in Dorking Business Park, UK on March 31, 2025. Consequently, the value of investment assets grew by 26% YoY to $85.63 million versus the $67.99 million as of the corresponding date in 2024. Additionally, total assets under management grew by 24% to $88.38 million compared to $71.55 million last year. Cash holdings declined from $2.45 million in prior year to $1.35 million resulting from the deployment of cash into; the acquisition of income generating properties; upgrading existing assets and; mobilizing a greenfield development. During the first quarter of 2025, the Group commenced construction of the Rousseau Road warehouse complex, while we reclassified another property to asset held for sale, as the Group continues to optimise the portfolio for maximum returns and to access growth opportunities.

Total loans payable at the end of the reporting period amounted to $34.24 million, in comparison to $21.90 million in 2024. The increased loan balance, which is primarily collateralized bank financing, was deployed for the expansion of our operating asset base and property improvements. Our current loan portfolio is denominated both in United States and Jamaica dollars from our financial partners in Jamaica and the Cayman Islands. Despite the increase in total loans payable, the Group is relatively underleveraged, with total loans payable being 39% of total assets and debt to equity of 65%. We continue to maintain conservative debt ratios as part of our risk management strategy with options to refinance our debts when the market becomes more favourable.

Total Equity increased by 8% year on year, moving from $$48.82 million in 2024 to $52.81 million in 2025. The increase in equity was driven by improvements in our property values at the end of financial year 2024 and higher net profits generated in first quarter of 2025, resulting in a book value per share of US$0.0597 (J$9.46) compared to US$0.0552 (J$8.54) in 2024.

SUMMARY AND OUTLOOK

Our strategy to seek out risk-adjusted, value-add assets continues to bear fruit as demonstrated by our compounded annual growth rate of net profits and book value per share over the last six years of 6.1% and 7.3%, respectively. Our acquisition of Building 4, Dorking Business Park at the end of the quarter will continue to boost the Group’s performance this year with increased rental revenue and the potential benefit of currency diversification. Geographic flexibility will remain a core focus of our strategy, and we will actively explore commercial property opportunities in locations that satisfy our core strategic imperatives of stable democracies, strong property law rules, freely convertible currencies and competitive yields. Although the US Fed, at its last meeting, held interest rates steady, the Bank of England reduced interest rates, and we believe this is a positive sign for UK real estate.

Our first solo greenfield project in Jamaica located on Rousseau Road in Kingston, continues in earnest and we expect the 14 mini-warehouse units to be ready for leasing in January 2026. We will also continue our strategy of monetizing mature assets in our portfolio and deploying the proceeds from those transactions into acquiring larger, higher-yielding assets with diverse tenant bases to strengthen the Group’s resilience and grow core earnings.

In tandem with our operational initiatives, we remain deeply committed to community engagement and sustainability. More of our properties are being equipped with energy-efficient and waste-reduction systems as we work toward achieving fully green operations across our portfolio.

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Seprod’s Strong 31.9% Revenue Growth Tempered by Higher Finance Costs from Regional Expansion

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Q1 Performance (January-March 2025)

This report presents the consolidated financial statements for Seprod Limited for the three (3) months ended 31 March 2025 (Q1), it provides a comprehensive overview of the company’s financial position, performance, and cash flows. The data is presented in Jamaica dollars and is unaudited. The analysis covers Q1 performance with a comparison to the same period in 2024.
Richard Pandohie  Group Chief Executive Officer Seprod Group of Companies

Revenue and Profitability Analysis:

 Total revenue for Q1 2025 was $37.7 billion, representing a 31.9% increase from $28.6 billion in Q1 2024.

 Direct expenses increased proportionately from $21.1 billion to $27.6 billion in 2025, resulting in a gross profit of $10.1 billion (2024: $75 billion).

 The gross profit margin improved to 26.7% in Q1 2025 from 26.2% in Q1 2024, indicative of management striving for effective cost control despite rising expenses.

 Operating profit remained consistent with the prior year, ending the quarter at $2.4 billion.

 Finance costs increased significantly to $1.15 billion due to higher debt level used to finance strategic acquisitions.

 Profit before taxation stood at $1.36 billion, a decrease of 22% from the 2024 comparative period.

 After accounting for taxation, the net profit from continuing operations was $867 million, a decline from $1.23 billion in Q1 2024, attributed mainly to increased finance costs.

Asset and Equity Analysis:

 Total assets increased from $103.1 billion as of March 2024, to $133.4 billion as of March 2025, an increase of 29.4%.

 Total liabilities increased from $62.8 billion to $85.7 billion, reflecting higher current and long-term liabilities.

 Total equity attributable to shareholders increased to $30.2 billion.

 No dividends were declared in Q1, but this was a timing issue, as the Board approved a dividend of $0.605 per share at a meeting held on April 2025, which is the same as the amount paid in Q1 2024 ($440 million). The company is expected to maintain its strong dividend payout ratio in 2025.

 Cash used in investing activities was $618 million, up from $440 million in prior year. This was mainly for capital expenditure. The revenue growth was strong at 31.9% but this did not flow all the way to the bottom-line due to cost pressure, particularly in finance costs used to realize the Group’s substantial acquisition activities as we build out a regional distribution platform.

The significant increase in assets reflects our increased scale and positions us for continued future growth. Management is very focused on strategies to increase productivity, enhance operating efficiency and reduce finance costs. Our base is strong and the growth trajectory will continue to be positive. We are confident that the bottom-line will begin to reflect the strong top-line in short order. We thank you for your support.

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