WITH one quarter left to go before the financial year end in May, Jamaica Broilers appears on track to better the results for the year ended in 2015 when it earned after-tax profit of $1 billion on revenue of $34 billion.
In its interim report for the nine months ended January 30, 2016, the company reports net profit of $1.21 billion, which is 96 per cent better than $615.05 million earned after tax for the similar period in 2015.
Revenues for the nine-month period have also improved from $25.6 billion last year to $27.99 billion.
For the third quarter ending January this year, group revenues were $9.9 billion compared to the $9.05 billion in the corresponding period.
Published in the Observer
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