JAMAICA, McCook’s Pen, St. Catherine. The Directors of Jamaica Broilers Group Limited released the unaudited financial results for the quarter ended 28 July, 2018, which have been prepared in accordance with International Financial Reporting Standards (IFRS).
Group revenues for the first quarter amounted to $12.2 bn., a 6% increase over the $11.5 bn. achieved in the corresponding quarter of the previous year. The gross profit for the quarter was $3.2 bn., a 19% increase over the previous year.
The US Operations reported a segment result of $300 mill., which was a 6% decrease from the prior year’s result of $318 mill.