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Day: May 11, 2021

Quarterly Report Q1-2021

Satisfactory first quarter of 2021 in The Bank of Greenland.   The Bank of Greenland’s profit before tax for Q1 2021 is DKK 40.1 million compared to DKK 16.6 million for Q1 2020. The profit before value adjustments and write-downs amounts to DKK 38.0 million compared to DKK 37.5 million one year before. Net interest and fee income amount to DKK 86.1 million and increased by DKK 3.2 million compared to the same quarter in 2020. Total costs, including depreciation and amortization amount to DKK 49.3 million at the end of Q1 2021, compared to DKK 46.5 million in the same period of 2020. Value adjustments represent a capital gain of DKK 3.1 million compared to a capital loss for the same period in 2020 of DKK 11.6 million. Write-downs on loans and guarantees declined by DKK 8.3 million compared to Q1 2020 and amount to modest DKK 0.9 million...

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EIMSKIP: Operating results for Q1 2021

HIGHLIGHTS OF Q1 RESULTSOverall good performance in Q1 with increased profitability in container liner and positive results for the forwarding segments despite challenging environment which is colored by disruption in the global shipping markets affecting capacity and availability of equipment. Revenues amounted to EUR 180.2 million, an increase of EUR 18.6 million or 11.5% when compared with Q1 2020.Positive contribution from revenue management program and substantial 3rd party rate increases in global markets drove up forwarding revenues as well.Total expenses amounted to EUR 163.9 million, an increase of EUR 11.6 million or 7.6%.Significant increase in 3rd party transportation expenses e.g.  pre- and on-carriage and sea-transportation due to the situation in the global shipping markets. Bunker expenses decreased between periods...

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Jeffersonville Bancorp Announces First Quarter Earnings of $1,314,000 or $0.31 per share; Declares Dividend of $0.15

JEFFERSONVILLE, N.Y., May 11, 2021 (GLOBE NEWSWIRE) — Jeffersonville Bancorp, Inc. (OTCQB – JFBC) announced today first quarter net income of $1,314,000 or $0.31 per share compared to $1,046,000 or $0.25 per share for the same quarter in 2020. The increase in quarterly net income compared to 2020 of $268,000 was primarily attributable to a decrease in the provision for loan losses of $250,000, an unrealized gain on equity securities of $235,000, and a decrease in interest expense on deposits of $71,000, partially offset by a decrease in loan interest and fees of $536,000 and an increase in tax expense of $71,000. “Interest income continues to be pressured by Federal Reserve Bank policies that have created an extreme low interest rate environment. In addition, loan demand continues to be muted as the economy slowly reopens....

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ShotSpotter Unveils Investigative Case Management Solution to Improve Crime Clearance Rates

ShotSpotter Investigate Extends Company’s Precision Policing Platform and Expands Market Opportunity to More Law Enforcement Agencies NEWARK, Calif., May 11, 2021 (GLOBE NEWSWIRE) — ShotSpotter, Inc. (Nasdaq: SSTI), a leader in precision policing technology solutions that enable law enforcement to more effectively respond to, investigate and deter crime, today announced ShotSpotter Investigate™, a purpose-built automated case management solution for detectives and investigative supervisors, is now available for demonstration and sale. The new solution is based on the CrimeCenter™ case management technology acquired in ShotSpotter’s purchase of LEEDS, LLC in late 2020, an earlier version of which has been used extensively by the New York City Police Department. Investigate now includes an integration with ShotSpotter’s leading gunshot...

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Photocat calls Annual General Meeting 2021

Photocat A/S Annual General meeting 2021 The Board of Photocat A/S, Danish CVR No 32 35 79 03 (the “Company”) hereby convenes an annual general meeting to be held 26th May 2021 at 16.00 CET.Due to the corona situation the meeting will be held virtually.A link will be provided following registration AgendaIn accordance with Article of Association, 9.2 1.The Board’s report on the activities of the Company 2. Presentation of the annual report for adaptation 3. Resolution on the appropriation of profit or covering of loss pursuant to the adopted annual report 4. Election of members for the Board of Directors 5. Appointment of auditor 6. Adoption of remuneration for the members of the Board for the current financial year 7. Any other business Re 1. The Board’s report on the activities of the CompanyThe report of the Board on the business...

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79North Inc. to Commence First Phase of Drilling at the Nassau Gold Project, Suriname

Exhibit 1Location of exploration targets of the Nassau gold project, Suriname.TORONTO, May 11, 2021 (GLOBE NEWSWIRE) — 79North Inc. (CSE: JQ; OTCQB: SVNTF; FRA: 6120) (“79North” or the “Company”) is pleased to announce that on May 6, 2021 it has signed a contract for diamond drilling services for the first phase of drilling at the Nassau Gold Project, Suriname. It is anticipated that the drilling will commence in early June once access roads and drill pads have been constructed. Since 2020 the company has been exploring several gold targets at the Nassau gold project. The exploration results from the Witlage Target have been described in recent press releases and include surface samples with up to 27.98 grams gold per tonne from a gold zone that has been traced for 300 metres (https://79north.ca/wp-content/uploads/2021/01/79North-publishes-initial-sampling-results-from-the-Nassau-Project.pdf,...

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BurgerFi Names Karl Goodhew as Chief Technology Officer

Goodhew Completes the BurgerFi C-Suite and Adds New Role to the Executive TeamBurgerFi Names Karl Goodhew as Chief Technology OfficerGoodhew Completes the BurgerFi C-Suite and Adds New Role to the Executive TeamPALM BEACH, Fla., May 11, 2021 (GLOBE NEWSWIRE) — BurgerFi International Inc. (Nasdaq: BFI, BFIIW), one of the nation’s fastest-growing premium fast-casual concepts, QSR’s 2020 Breakout Brand of the Year and recently voted USA Today’s 10Best Readers’ Choice Top Better-Burger chain for 2021, has hired Karl Goodhew as Chief Technology Officer. Karl Goodhew joins BurgerFi after serving as Director of Software Engineering at Macy’s Inc. (NYSE:M), a $17 billion-dollar, Fortune 500 multi-brand retailer. He has also held positions at Home Depot (NYSE: HD), YellowPepper that was acquired by Visa (NYSE: V) in 2020,...

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Matthews International Announces Acquisition of Terrella Energy Systems, Ltd.; Continued Growth into New Energy Solutions

PITTSBURGH, May 11, 2021 (GLOBE NEWSWIRE) —  Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that the Company has acquired the assets of Terrella Energy Systems, Ltd. (“Terrella”), a supplier of technology solutions to the global hydrogen fuel cell industry. Terrella is now part of Matthews’ Saueressig Engineering business. Based in Vancouver, British Columbia (Canada), Terrella, founded in 2012, is a leader in the design and manufacture of bipolar graphite plates for hydrogen fuel cell power systems. This strategic acquisition will expand Matthews’ portfolio of advanced technology and manufacturing capabilities to serve the rapidly growing renewable energy market in support of energy storage, automotive and other industries. Included with this acquisition is Terrella’s bipolar...

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Biofrontera reports Q1 2021 financial results

Leverkusen, Germany, May 11, 2021 (GLOBE NEWSWIRE) — Biofrontera AG (NASDAQ: BFRA; Frankfurt Stock Exchange: B8F) (the “Company”), an international biopharmaceutical company, today reported its financial results for the first quarter ended March 31, 2021. Q1 2021 key financial figures and business performanceIn EUR thousands 3M 2021 3M 2020 ChangeRevenue 5,479   6,473   (15 )%Gross profit on sales 4,578   5,674   (19 )%Research and development costs (1,317 ) (1,311 ) 0 %General and administrative costs (2,538 ) (2,232 ) 14 %Sales and marketing costs (4,813 ) (8,698 ) (45 )%Profit (loss) on operations (4,089 ) (6,567 ) (38 )%EBITDA (3,158 ) (2,645 ) 19 %EBIT (3,971 ) (5,555 ) (29 )%Earnings (loss) before tax (4,876 ) (5,498 ) (11 )%Earnings (loss) after tax (4,877 ) (5,499 ) (11 )%Biofrontera’s...

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