SML reports 24% increase in six months net profit

August 15, 2025

Stanley Motta Limited (SML)

Unaudited financials for the six months ended June 30, 2025:

Stanley Motta Limited (SML) for the six months ended June 30, 2025 reported a 19% increase in Revenue totaling $334.14 million compared to $281.97 million in the corresponding period last year. Revenue for the second quarter had a 14% increase to close at $170.74 million compared to $150.12 million for the comparable quarter of 2024.

Year to date, Administrative Expenses increased by 28% to close at $130.85 million (2024: $102.29 million). Consequently, Operating Profit increased by 11% from $183.97 million in 2024 to $204.57 million in the period under review. Finance costs for the six months ended June 30, 2025 amounted to $38.99 million, a 21% decrease relative to $49.45 million reported in 2024.

Profit before taxation for the six months ended June 30, 2025, amounted to $165.58 million, a 23% increase relative to $134.52 million reported in 2024. Profit before taxation for the second quarter amounted to $71.42 million (2024: $71.40 million). The tax charge incurred for the six months ended June 30, 2025 totaled $3.50 million, a 5% increase from the corresponding period last year. (2024: $3.32 million).

Net profit for the six months ended June 30, 2025, amounted to $162.08 million, a 24% increase relative to $131.20 million reported in 2024. Net profit for the second quarter amounted to $71.42 million (2024: $71.40 million).

Currency translation difference on net asset of foreign subsidiary for the six months ended June 30, 2025 had a 100% decrease to reach $28,000 (2024: $9.85 million) . As a result, Total Comprehensive Income for the six months amounted to $162.11 million, a 15% increase from the $141.05 million reported in 2024. For the second quarter, Total Comprehensive Income was $71.42 million (2024: $81.22 million).

Consequently, Earnings Per Share for the six months amounted to $0.21 (2024: EPS: $0.19), while Earnings Per Share for the quarter totaled $0.09 (2024: EPS: $0.11). The twelve-month trailing EPS was $1.51 and the number of shares used in these calculations was 757,828,490.

Notably, SML’s stock price closed the trading period on August 14, 2025, at a price of $6.43 with a corresponding P/E ratio of 4.25x.

Balance Sheet Highlights

The company’s assets totalled $11.90 billion (2024: $10.31 billion). The movement in total assets was primarily due to a 17% increase in ‘Investment Properties’ amounting to $11.47 billion (2024: $10.03 billion).

Shareholders’ equity was $8.78 billion (2024: $7.75 billion), representing a book value per share of $11.59 (2024: $10.22).

 

 

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 affect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein

More Stories from the Market
shutterstock_453968572
February 25, 2026   United States: US to Keep China Tariffs Steady, Avoid Escalation, Greer Says   President Donald Trump aims to …
shutterstock_148562033
February 24, 2026   Wisynco Group Limited (WISYNCO) has advised that a connected party sold 16,865 WISYNCO shares on February 20, 2026. …
shutterstock_148562033
February 24, 2026   West Indies Petroleum Terminal Limited (WIPT) has advised that a connected party sold a total of 1,036,907 WIPT shares …
shutterstock_148562033
February 24, 2026   Supreme Ventures Limited (SVL) has advised that on February 23, 2026, a connected party sold 95,953 SVL shares. &nbs…
shutterstock_148562033
February 24, 2026   Kingston Wharves Limited (KW) has advised that a Director sold a total of 6,874 KW shares during the period February 20…
shutterstock_609342323
February 24, 2026   Cargo Handlers Limited (CHL)  has declared an interim dividend of $0.11 per stock unit payable on March 31, 2026, to st…
shutterstock_537598660
February 24, 2026 Weekly Pick 24.02.2026 GENAC Disclaimer: Analyst Certification -The views expressed in this research report accurately re…
shutterstock_537598660
February 24, 2026 Bank of Jamaica Cuts Policy Rate to 5.50% as Inflation Outlook Improves The Bank of Jamaica (BOJ) has moved to ease monetary p…