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

138SL seeks to boost occupancy level

January 30, 2018 The Annual General Meeting for 138 Student Living Jamaica Ltd was held today, 30 January 2018. The meeting started with the Chairman, John W. Lee, giving a brief review of the company’s performance for the year ended 30 September 2017. Some of the points reiterated from the end of year financial statement are as follows: Revenue increased year over year in 2017 to $573.54 million from $255.09 million in 2016 Operating profit rose 128% year over year to $329.66 million from $128.39 million Net profit climbed to $70.07 in year end 2017, compared to $26.04 in 2016