Page 24 - Jamaica Broilers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Its most lucrative market, home-ground Jamaica, had mixed results, with sales down eight per cent. “However, the Jamaica operations was able to record a commendable 25 per cent improvement over the prior year by improving efficiencies and the continued enhancing of our customer relationships,” Jamaica Broilers said in a statement accompanying its financial results. It was a reference to the operating performance of the markets, which Jamaica led with a contribution of $1.8 billion, up from $1.4 billion at half-year ending October 2019. About a month after COVID-19’s outbreak in Jamaica...

Jamaica Broilers has transferred 52,769,054 shares to connected parties, representing $1.5 billion of current value. The stock closed at $28.42 per unit in price on Thursday, December 10, 2020. The company which has a current market capitalisation of $34.09 billion has seen its value rise since the release of second-quarter results at month-end October 31, 2020. The group’s unaudited financial results for the quarter ended October 31, 2020, indicate that revenues for the six months amounted to $26.5 billion on which profit before tax was $1.5 billion, an increase of 85 per cent over the pri...

File photo. Five groups representing poultry producers, today, insisted on a review of the process for the importation of chicken and chicken parts.  In a full page advertisement in The Sunday Gleaner, the producers called for Prime Minister Andrew Holness "to bring more balance and transparency" and remove corruption from the process.  The message was endorsed by the Caribbean Poultry Association (CPA), the Jamaica Manufacturers and Exporters Association (JMEA); Jamaica Broilers, under its Best Dressed Chicken brand; Caribbean Broilers (CB Group) and what the advertisement described...

The Integrity Commission has turned the spotlight on an absence of transparency in the permit process for chicken back and neck imports. Major Jamaican chicken producers are pressing the Government for 100 per cent inspection of all poultry imports in the wake of a damning report by the Integrity Commission citing fraud, duty evasion, and a permit process that lacks integrity and facilitates corruption. Some importers have been accused of blending in leg quarters among shipments of chicken back and neck to escape combined tariffs for premium parts that reportedly amount to as much as 240 per ...