Sterling Investments Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was JMD 38.37 million compared to JMD 48.15 million a year ago. Net loss was JMD 4.01 million compared to net income of JMD 20.51 million a year ago. Basic loss per share from continuing operations was JMD 0.01 compared to basic earnings per share from continuing operations of JMD 0.05 a year ago.
For the nine months, revenue was JMD 139.66 million compared to JMD 97.03 million a year ago. Net income was JMD 79.15 million compared to JMD 27.66 million a year ago. Basic earnings per share from continuing operations was JMD 0.18 compared to JMD 0.07 a year ago.