The Palace Amusement Company (1921) Limited reported earnings results for the fourth quarter and full year ended June 30, 2023. For the fourth quarter, the company reported sales was JMD 480.31 million compared to JMD 275.4 million a year ago. Net income was JMD 44.06 million compared to JMD 8.06 million a year ago. Basic earnings per share from continuing operations was JMD 0.05 compared to JMD 0.01 a year ago.
For the full year, sales was JMD 1,519.46 million compared to JMD 649.04 million a year ago. Net income was JMD 47.98 million compared to net loss of JMD 260.67 million a year ago. Basic earnings per share from continuing operations was JMD 0.06 compared to basic loss per share from continuing operations of JMD 0.3 a year ago.