Jamaican Teas Limited reported earnings results for the second quarter and six months ended March 31, 2022. For the second quarter, the company reported sales was JMD 574.53 million compared to JMD 608.55 million a year ago. Net income was JMD 62.48 million compared to JMD 82.34 million a year ago. Basic earnings per share from continuing operations was JMD 0.029 compared to JMD 0.04 a year ago. Diluted earnings per share from continuing operations was JMD 0.026 compared to JMD 0.04 a year ago.
For the six months, sales was JMD 1,170.63 million compared to JMD 1,219.12 million a year ago. Net income was JMD 171.15 million compared to JMD 198.33 million a year ago. Basic earnings per share from continuing operations was JMD 0.08 compared to JMD 0.09 a year ago. Diluted earnings per share from continuing operations was JMD 0.073 compared to JMD 0.09 a year ago.