Chairman of Jamaica Broilers Group Limited (JBG), Robert Levy is informing that the group achieved record profitability with profit before tax for the financial year ended April 27, 2019 amounting to $3.01 billion — a first in its 60-year history.
Poultry producer Jamaica Broilers Group, JBG, has a positive outlook on its 2020 financial year as it continues to seek out acquisitions in the United States.
Jamaica Broilers Group Limited (JBGL) has sold its US$10,571,428.57 loan to West Indies Petroleum Terminal Limited (WIPT) to the Bank of Nova Scotia Jamaica Limited (BNS) in a transaction arranged by Scotia Investments Jamaica Limited’s (SIJL) Origination and Capital Markets Unit.
Third-quarter revenue at the Jamaica Broilers Group (JBG) grew by double-digits but costs contained profits to single-digit growth.
The Board of Directors of the Jamaica Broilers Group Limited wish to advise of the appointment of Mr. Syd Mogg effective February 27th, 2019.
The Directors of Jamaica Broilers Group Limited now release the unaudited financial results for the quarter ended January 26, 2019, which have been prepared in accordance with International Financial Reporting Standards (IFRS).
2018/2019 FISCAL YEAR | First Quarter | Unaudited Results
Jamaica Broilers Group (JBG) has acquired a feed mill in Georgia for an undisclosed sum as part of its expansion thrust in the US. In an advisory to the Jamaica Stock Exchange, JBG said it is finalizing the asset purchase agreement with Crystal Farm Mills through its subsidiary Wincorp Properties, but has already taken over the day-to-day operations of the facility.
The Jamaica Broilers Group Limited (JBG) continues its growth strategy by further expanding in the United States. Wincorp Properties, a subsidiary of JBG, is finalising the execution of an Asset Purchase Agreement with Crystal Farm Mills.
Efforts by some American chicken producers to establish a stronghold in the local market is not going down well with several Jamaicans.
Locally produced chicken neck has been in a pickle for the past two months, a development for which poultry market leader the Jamaica Broilers Group is taking full responsibility.
Using the Jamaica Broilers method, Salmon, in a humorous presentation to the Private Sector Organisation of Jamaica’s (PSOJ) Social Media Business Conference, held under the theme, “Likes To Profit”, at Jamaica Pegasus in New Kingston on Wednesday, said digital solutions have helped the Jamaica Broilers brand to grow.