??? Wisynco Group Ltd (WISYNCO) Seeing Double Digit Revenue & Profit Growth – Sep 2022 (Q1) Earnings Review

The main activities of the Group are the bottling and distribution of water and beverages ? ?, the distribution and retailing of food items ?? and the provision of insurance services??‍?.

Let’s look at the most recent quarter.Income Statement

• ? Revenue totaled $11.95b vs $9.21b (29.78%)
  The highest in the company’s history. Increased demand for products in all channels including exports which were up 10% over the same quarter of the prior year. The supply chain challenges continued into this quarter however they are seeing improvements.
• Gross Profit was $4.33b vs $3.28b (31.83%)
   Gross Margin at 36.2% was slightly higher than the 35.6% for the corresponding quarter in the prior year.

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Recent News About Wisynco Group Ltd

• Wisynco adding two new beverage lines for export push
  Jamaica Gleaner / Jamaica – Fri Nov 11, 2022 06:15 am
• Wisynco adding two new beverage lines for export push
  RJRNewsOnline.com / Jamaica – Fri Nov 11, 2022 04:03 am
• Wisynco’s Cuba push
  Jamaica Observer / Jamaica – Fri Nov 11, 2022 12:24 am
• Wisynco to introduce new products post-expansion
  Jamaica Observer / Jamaica – Fri Nov 11, 2022 12:22 am
• Wisynco records highest quarterly revenue in its history
  Our Today / Jamaica – Wed Nov 09, 2022 08:20 am
• Surge in profit at Wisynco
  IC Insider / Jamaica – Wed Nov 09, 2022 07:15 am
• Wisynco makes higher Q1 profit, record earnings
  RJRNewsOnline.com / Jamaica – Tue Nov 08, 2022 10:14 am

Recent Discussions About Wisynco Group Ltd

• Something to watch…. to see if it helps them. I’m not sure if I’m seeing the benefits for…
  @Stephen / Wed Jul 21, 2021 08:21 pm
• Described as “consumer goods genius” De Silva recently served as Director at Nestlé Jamaica, Country Manager of Nestlé…
  @Stephen / Fri Mar 05, 2021 09:35 am
• There might n a pull back on #Wisynco based on the results. Don’t think much trading will come…
  @Nick86 / Mon Feb 08, 2021 08:57 pm
• #WISYNCO‘s Q2 Dec 2020 * Revenues Downwards arrow 6% * Covid depressing tourism, bars, entmt, restaurants, schools *…
  @MoneyMax101 / Thu Feb 04, 2021 05:33 pm
• #Wisynco 0.10 dividend good. Debatable!!!
  @Monica / Thu Jan 28, 2021 08:50 pm
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