Earnings Report /

Jamaica Broilers Group: Profits flat despite fall in revenue

  • JBG reported a net profit of $351.2M for the July quarter of its 2021 FY; flat compared to the same period in 2019.

  • Gross revenues fell by 5.1% period-over-period, moving from $13.3bn for the July 2019 quarter to $12.6b.

  • Shareholder’s equity was reported at $16.6B as at July 2020 or 9.0% higher than the $15.2B as at July 2019.

Andre Thompson
Andre Thompson

Research Analyst

GK Capital
1 December 2020
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