Paramount Trading (Jamaica) Limited reported earnings results for the third quarter and nine months ended February 29, 2024. For the third quarter, the company reported sales was JMD 400.88 million compared to JMD 438.11 million a year ago. Net income was JMD 18.35 million compared to JMD 30.37 million a year ago. Basic earnings per share from continuing operations was JMD 0.012 compared to JMD 0.02 a year ago.
For the nine months, sales was JMD 1,266.36 million compared to JMD 1,634.27 million a year ago. Net income was JMD 99.93 million compared to JMD 179.04 million a year ago. Basic earnings per share from continuing operations was JMD 0.065 compared to JMD 0.116 a year ago.