March 03, 2026
Jamaica Producers Group Limited (JP)
Audited financials for the twelve months ended December 31, 2025:
Jamaica Producers Group Limited (JP) for the twelve months ended December 31, 2025, reported a 17% increase in Revenue, totaling $391.07 million compared to $333.25 million in the corresponding period last year. The company booked revenue of $298.41 million for the fourth quarter versus $247.96 million reflecting a 20% increase when compared to the similar quarter of 2024.
Selling, administrative and other operating expenses increased by 1% to close at $257.92 million (2024: $255.36 million), while Operating Profit increased by 71% from $77.89 million in 2024 to $133.15 million in the period under review.
As a result, share of profit in associated company amounted to $2.17 billion, a 38% increase relative to $1.58 billion reported in 2024.
Profit before finance cost and taxation for the twelve months ended December 31, 2025, amounted to $2.31 billion, a 39% increase relative to $1.66 billion reported in 2024. Profit before finance cost and taxation for the fourth quarter amounted to $481.94 million (2024: $793.39 million).
Finance Cost totaled $19.26 million, an 18% decrease from the corresponding period last year (2024: $23.52 million).
Profit Before Taxation for the twelve months ended December 31, 2025, amounted to $2.29 billion, a 40% increase relative to $1.63 billion reported in 2024. Profit Before Taxation for the fourth quarter amounted to $477.14 million (2024: $789.76 million).
Income Tax Expense for the twelve months ended December 31, 2025, decreased significantly to $1.32 million (2024: $21.09 million).
Net Profit for the twelve months amounted to $2.29 billion, a 42% increase from $1.61 billion reported in 2024. For the fourth quarter, Net Profit amounted to $475.31 million (2024: $775.58 million).
Consequently, Earnings Per Share for the twelve months amounted to $2.04 (2024: $1.44), while Earnings Per Share for the quarter totaled $0.42 (2024: $0.69). The twelve-month trailing EPS was $2.04, and the number of shares used in these calculations was 1,122,144,036.
Notably, JP’s stock price closed the trading period on March 02, 2026, at a price of $22.78 with a corresponding P/E ratio of approximately 11.2x.
Balance Sheet Highlights
The company’s total assets amounted to $39.99 billion (2024: $37.36 billion). This increase was primarily attributable to the growth in interest in associate, which amounted to $37.38 billion (2024: $34.90 billion).
Shareholders’ equity totaled $39.99 billion (2024: $37.35 billion), representing a book value per share of $35.63 (2024: $33.29).
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