March 17, 2026
Jamaica Broilers Group Limited (JBG)
Unaudited financials for the nine months ended January 31, 2026:
Jamaica Broilers Group Limited (JBG) for the nine months ended January 31, 2026, reported a 2% increase in Revenue totaling $73.62 billion compared to $72.52 billion in the corresponding period last year. Revenue for the third quarter had a 6% decrease to close at $23.34 billion compared to $24.91 billion for the comparable quarter of 2025.
Cost of Sales amounted to $60.09 billion (2025: $61.47 billion), this represents a decrease of 2% year over year. Consequently, gross profit increased by 22% to $13.53 billion compared to $11.05 billion for the nine months ended January 31, 2025. The company booked gross profit of $3.18 billion for the third quarter versus $1.37 billion reported for the similar quarter of 2025.
Other income increased by 254% to close at $618.03 million (2025: $174.44 million), while Distribution Costs increased by 63% from $2.69 billion in 2025 to $4.36 billion in the period under review. Also, administration and other expenses for the nine months ended January 31, 2026, amounted to $7.83 billion, a 20% decrease relative to $9.76 billion reported in 2025.
Consequently, Operating Profit for the nine months ended January 31, 2026, amounted to $1.95 billion, a 259% swing relative to operating loss of $1.23 billion reported in 2025. Operating Loss for the third quarter amounted to $1.34 billion (2025: $3.78 billion).
Finance Costs totalled $2.75 billion a 33% increase from the corresponding period last year. (2025: $2.07 billion).
Loss before taxation for the nine months ended January 31, 2026, amounted to $849.64 million, a 74% decrease relative to Pre-tax loss of $3.26 billion reported in 2025. Loss before taxation for the third quarter amounted to $2.33 billion (2025: Pre-tax loss of $4.48 billion).
Tax charge for the nine months ended January 31, 2026, had a 46% decrease to reach $150.03 million (2025: $278.92 million. As such, Net loss for the nine months amounted to $999.67 million, a 72% decrease from the $3.54 billion net loss reported in 2025. For the third quarter, Net loss was $2.22 billion (2025: Loss of $4.58 billion).
Consequently, Loss Per Share for the nine months amounted to $0.83 (2025: LPS: $2.95), while Loss Per Share for the quarter totaled $1.85 (2025: LPS: $3.82). The twelve-month trailing LPS was $3.91, and the number of shares used in these calculations was 1,199,276,400.
JBG highlighted, “During the quarter, Jamaica Operations experienced temporary disruptions from Hurricane Melissa, yet recovery progressed ahead of schedule, demonstrating strong operational resilience. The segment generated $4.3 billion in profit from $44.0 billion in revenues, reflecting continued robust domestic performance, while the Best Dressed Chicken and Hi‑Pro divisions actively supported the farming community’s rebuilding efforts. U.S. Operations remained challenged by market selling prices and production costs, though revenues increased by 4% year‑over‑year; management is taking targeted corrective actions, with expectations that the U.S. segment will return to being a strong positive contributor to Group performance in the near term.”
Notably, JBG’s stock price closed the trading period on March 16, 2026, at a price of $16.25.
Balance Sheet Highlights
The company’s assets totalled $105.11 billion (2025: $56.01 billion). The growth in total assets was primarily driven by a $49.40 billion or 216% increase in ‘PPE’ to close the period at $72.32 billion.
Shareholder’s equity was $29.64 billion (2025: Deficit of $5.15 billion), representing a book value per share of $24.71 (2025: Deficit of $4.29).
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