JAMT reports year end net profit of $162.58 million
Joel Thomas2023-02-01T16:37:20-05:00February 1, 2023 Jamaican Teas Limited (JAMT) reported a 9% increase in revenues to total $2.47 billion (2021: $2.27 billion). For the quarter, revenues amounted to $649.76 million (2021: $520.36 million). Cost of sales increased by 12% to $1.93 billion (2021: $1.72 billion). Hence, gross profit fell 2% to $543.00 million (2021: $553.30 million). For