Paramount Trading (Jamaica) Limited reported earnings results for the second quarter and six months ended November 30, 2023. For the second quarter, the company reported sales was JMD 439.44 million compared to JMD 600.99 million a year ago. Net income was JMD 24.84 million compared to JMD 64.77 million a year ago. Basic earnings per share from continuing operations was JMD 0.016 compared to JMD 0.042 a year ago.
For the six months, sales was JMD 865.49 million compared to JMD 1,196.16 million a year ago. Net income was JMD 81.58 million compared to JMD 148.68 million a year ago. Basic earnings per share from continuing operations was JMD 0.053 compared to JMD 0.096 a year ago.