CPJ reports year end net profit of US$8.18 million

February 20, 2026

Caribbean Producers Jamaica Limited (CPJ)
Unaudited financials for the twelve months ended December 31, 2025:

All figures are stated in USD unless otherwise indicated.

Caribbean Producers Jamaica Limited (CPJ) for the twelve months ended December 31, 2025, reported gross operating revenue of US$152.06 million compared to US$156.06 million in the corresponding period last year. Gross operating revenue for the fourth quarter decreased by 51% to close at US$22.44 million compared to US$46.14 million for the comparable quarter of 2024.

Cost of operating revenue amounted to US$112.41 million (2024: US$114.55 million). Consequently, gross profit totalled US$39.65 million compared to US$41.52 million for the twelve months ended December 31, 2024. The company booked gross profit of US$2.68 million for the fourth quarter versus US$11.97 million reported for the similar quarter of 2024.

Selling and administrative expenses amounted to US$32.30 million (2024: US$27.57 million). Depreciation and amortisation totalled US$5.33 million (2024: US$5.00 million). As a result, other operating income for the twelve months ended December 31, 2025, amounted to US$14.25 million (2024: US$713,000).

Operating profit for the twelve months ended December 31, 2025, amounted to US$16.11 million compared to US$9.42 million reported in 2024. Operating profit for the fourth quarter amounted to US$9.27 million (2024: US$3.66 million).

Finance income totalled US$1,053 (2024: US$63,258), while finance costs totalled US$4.26 million (2024: US$3.03 million).

Profit before taxation for the twelve months ended December 31, 2025, amounted to US$11.85 million compared to US$6.46 million reported in 2024. Profit before taxation for the fourth quarter amounted to US$8.10 million (2024: US$2.96 million).

Taxation charge for the twelve months ended December 31, 2025, amounted to US$3.67 million (2024: US$932,281). Net profit for the twelve months amounted to US$8.18 million compared to US$5.53 million reported in 2024. For the fourth quarter, net profit was US$5.57 million (2024: US$2.58 million).

Consequently, earnings per stock unit for the twelve months amounted to US 0.75 cents (J$1.20) (2024: US 0.50 cents (J$0.78)), while earnings per stock unit for the quarter totalled US 0.50 cents (J$0.80) (2024: US 0.23 cents (J$0.36)). The number of shares used in these calculations was 1,100,000,000.

Notably, CPJ’s stock price closed the trading period on February 20, 2026, at J$6.14, with a corresponding P/E ratio of 5.17x.

Balance Sheet Highlights

The company’s assets totalled US$124.27 million (2024: US$106.20 million). This increase in total assets was attributable to accounts receivables which amounted to US$39.97 million (2024: US$23.46 million).

Shareholders’ equity was US$46.46 million (2024: US$38.23 million).

 

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

 

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