MoneyMax101 | Jamaica Producers Group Ltd (JP) Mar 2020 (Q1)

Jamaica Producers Group Ltd (JP) Mar 2020 (Q1) – Revenue +8%, Profit Up 9% YoY

Jamaica Producers Group Ltd (JP) recently reported their March 2020 (Q1) results. Here are the highlights.

This is just a summary, but for more charts, ratios and other details visit JP’s page here

This Quarter (2020Q1) vs Same Quarter Last Year

Revenue was $5.15b vs $4.78b (7.62%)
JP’s Food & Drink (“F&D”) Division is the largest contributor to the revenues of the Group ($3.1 billion up 12%). The Logistics & Infrastructure Division’s revenues of $2.1 billion were up 2% over the prior year. The Division continues to benefit from a series of initiatives to develop Kingston Wharves as a leading regional multipurpose and multi-user terminal, and Newport West as a warehousing and automotive logistics hub.
Cost Of Sales / Direct Expenses was -$3.55b vs -$3.13b (13.24%)

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Add to those these 52 week lows #BRG $14.00 #ECL $4.5 #JP $20.5 #LASD $2.69 #TTECH $4.27 One…

@frano / Fri Feb 28, 2020 03:55 pm
Profit Up +$67m / 11% for the quarter Which means a good amount of the +$141m increase in…

@Stephen / Tue Nov 12, 2019 05:48 am
Seems the #JP results are driven by core operations. There was +$36m from other income, +$40m of profits…

@Stephen / Tue Nov 12, 2019 05:39 am

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