Paramount Trading (Jamaica) Ltd (PTL) ??️?️?️ Sees Jump In Revenues, Profits – Aug 2022 (Q1) Earnings Review

The main activity of the company is importation and distribution of chemical raw materials ? and other related products. They manufacture and distribute lubricants ?️ and is a distributor of the “SIKA” line of construction ?️ products. This line includes admixtures, adhesives and sealants with applications that range from the do-it-yourself to road ?️ construction.

Let’s look at the most recent quarter.

Income Statement

• ? Revenue was $595.17m vs $369.32m (61.15%)
  This surpasses by 28 percent the previous highest quarter (Q3:21/22) in the Company’s history. During the period, revenue growth strategies employed by the company resulted in improvement in our revenue, in three (3) of the five (5) segments in both the Manufacturing and Distribution divisions. The non-growth segments, lubricant and technical grade were impacted by supply chain management challenges, which are being resolved in the second quarter.

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Recent Discussions About Paramount Trading (Jamaica) Ltd

• We saw this volume the other day. It was an exchange between directors #ptl
  @MoneyMax101 / Fri Feb 19, 2021 09:16 am
• Just to give some more context #EFRESH #WISYNCO #CPJ #JBG #SALF possibly #PTL will all suffer directly from…
  @BroBro / Wed Mar 18, 2020 12:04 pm
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