Berger Paints Jamaica Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was JMD 743.77 million compared to JMD 673.09 million a year ago. Net loss was JMD 87.48 million compared to net income of JMD 4.21 million a year ago. Basic loss per share from continuing operations was JMD 0.41 compared to basic earnings per share from continuing operations of JMD 0.02 a year ago.
For the six months, sales was JMD 1,461.31 million compared to JMD 1,392.1 million a year ago. Net loss was JMD 122.88 million compared to net income of JMD 21.3 million a year ago. Basic loss per share from continuing operations was JMD 0.57 compared to basic earnings per share from continuing operations of JMD 0.1 a year ago.