Jamaica Broilers Group, a poultry business operating in Jamaica and the US, reported a net profit of $1.5 billion for the quarter ended January 2023, a 27 per cent increase over the $1.2 billion achieved in the corresponding period in the previous year.
The group’s revenues for the quarter amounted to $22.7 billion, a 20 per cent increase above the $18.9 billion achieved in the corresponding period in the previous year. Gross profit for the quarter was $5.5 billion.
According to the company’s notes accompanying the financial results, Jamaica Broilers’ Jamaica operations reported a segment result of $5.5 billion, which was $2.6 billion or 88 per cent above last year’s segment results.
