JP Group doubles profit, commits to maintaining investment programme
The Jamaica Producers (JP) Group is reporting net profits of $774 milli...
Source: jamaicaobserver.com
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Jamaica Producers posts $3.7 billion profit for 2020
Jamaica Producers CEO Jeffery Hall. Jamaica Producers Group Limited posted net profits of $3.7 billion for the year ended December 31, 2020, of which net profit attributable to shareholders was $2.2 billion, an increase of 80 per cent over the prior year. The improved results in part reflect the decision to realise gains from the partial sale of the company’s interest in SAJE Logistics Infrastructure Limited (a real estate and investment company), directors stated in the company’s financial report. This, they said, was in order to put the group in a strong position to “seize prospect...
Source: loopjamaica.com