Jamaican Teas Limited reported earnings results for the third quarter and nine months ended June 30, 2022. For the third quarter, the company reported sales was JMD 648.57 million compared to JMD 530.71 million a year ago. Net income was JMD 24.26 million compared to JMD 115.45 million a year ago. Basic earnings per share from continuing operations was JMD 0.01 compared to JMD 0.05 a year ago. Diluted earnings per share from continuing operations was JMD 0.01 compared to JMD 0.05 a year ago.
For the nine months, sales was JMD 1,819.2 million compared to JMD 1,749.83 million a year ago. Net income was JMD 186.32 million compared to JMD 313.01 million a year ago. Basic earnings per share from continuing operations was JMD 0.09 compared to JMD 0.15 a year ago. Diluted earnings per share from continuing operations was JMD 0.08 compared to JMD 0.13 a year ago.