SML reports 15% decrease in first quarter net profit
Trudiann Lowe2022-05-13T19:25:50-05:00May 13, 2022 Stanley Motta Limited (SML), for the three months ended March 31, 2022 booked a 5% increase in revenue to total $126.02 million compared to $119.64 million for the same period in 2021. The Company mentioned that, “the increase is attributable to the depreciation of the Jamaican dollar which moved from an average of J$147.86:US$1