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Mayberry Research 2021-10-05T03:32:45-05:00

JP reports 36% rise in nine months profit attributable to shareholders

November 12, 2018 For the nine months ended September 30, 2018,  Jamaica Producers Group Limited (JP) experienced a 25% increase in revenue to total $14.25 billion compared to the $11.38 billion reported in 2017. The Company posted third quarter revenue of $4.96 billion, a 25% increase (2017: $3.98 billion). The Food & Drink Division contributed a 34% increase in revenue to total $8.31 billion relative to the $6.21 billion reported in 2017. The Company highlighted that, “The F&D Division continues to benefit from strong year-on year improvements in our European juice business as well as in our tropical snack food business.