May 18, 2026

Sagicor Select Funds Limited Manufacturing & Distribution (SELECTMD)

Unaudited financials for the three months ended March 31, 2026:

Sagicor Select Funds Limited Manufacturing & Distribution (SELECTMD) for the three months ended March 31, 2026, reported an 8% increase in Interest Income totaling $4.54 million compared to $4.20 million in the corresponding period last year.

Dividend income amounted to $35.62 million (2025: $43.25 million), which represents a decrease of 18% year over year. Net changes in fair value on financial assets at fair value through profit or loss amounted to a gain of $118.65 million (2025: loss of $21.45 million). Consequently, total income increased by 511% to $158.82 million compared to $26.00 million for the three months ending March 31, 2025.

Total expenses for the three months ended March 31, 2026, increased 1% to $7.41 million (2025: $7.31 million). Net profit for the three months amounted to $151.41 million, a 710% increase from the $18.69 million reported in 2025.

Consequently, Earnings Per Share for the three months amounted to $0.04 (2025: EPS: $0.00). The twelve-month trailing EPS was $0.04, and the number of shares used in these calculations was 3,816,612,000.

Notably, SELECTMD’s stock price closed the trading period on May 15, 2026, at a price of $0.96 with a corresponding P/E ratio of 27.27x.

Balance Sheet Highlights

The company’s assets totalled $5.00 billion (2025: $4.87 billion). The growth in total assets was primarily driven by a 50% year-over-year increase in “Cash and Cash Equivalents,” which reached $419.13 million (2025: $278.77 million).

Shareholder’s equity was $4.98 billion (2025: $4.85 billion), representing a book value per share of $1.30 (2025: $1.27).

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