In the News
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Best Dressed Chicken makes gains in the United States
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Despite a 40% drop in chicken sales, company sees way forward
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Despite its challenges in Haiti, profit at Jamaica Broilers improved from $629 million to $6836 million at half-year. Sales ticked up two per cent to $26.3 billion.
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The directors of Jamaica Broilers Group (JBG) sought to calm the fears of at least one minority shareholder that the company might be heading back into private hands owing to major shareholders purchasing large blocks of shares in recent times.
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HAITI BROILERS SA, the Haitian operation of poultry producer Jamaica Broilers Group, JBG, has steadily grown the business over the past five years.
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The Jamaica Broilers Group Limited (JBG) as part of its expansion programme especially in the United States has finalised an asset purchase agreement with Gentry’s Poultry Company Inc.
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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.
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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.
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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.
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Third-quarter revenue at the Jamaica Broilers Group (JBG) grew by double-digits but costs contained profits to single-digit growth.
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The Board of Directors of the Jamaica Broilers Group Limited wish to advise of the appointment of Mr. Syd Mogg effective February 27th, 2019.
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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).