Pan Jamaica Group reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was JMD 9,396.84 million compared to JMD 749.08 million a year ago. Net income was JMD 1,456 million compared to net loss of JMD 1,745.26 million a year ago. Basic earnings per share from continuing operations was JMD 0.96 compared to basic loss per share from continuing operations of JMD 1.64 a year ago.
For the nine months, sales was JMD 19,370.99 million compared to JMD 1,703.04 million a year ago. Net income was JMD 2,520.7 million compared to net loss of JMD 1,374.68 million a year ago. Basic earnings per share from continuing operations was JMD 1.75 compared to basic loss per share from continuing operations of JMD 1.29 a year ago.