Business Interim Report: Jamaica Broiler Group
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.
Jamaica Operations reported a strong first quarter segment result of $842 mill., which was $392 mill. or 87% above last year’s segment result of $449 mill. Total revenue for the Jamaica Operations showed an increase of 5%.
The US Operations reported a segment result of $300 mill., which was a 6% decrease from the prior year’s result of $318 mill.