Paramount Trading (Jamaica) Limited reported earnings results for the third quarter and nine months ended February 28, 2023. For the third quarter, the company reported sales was JMD 438.11 million compared to JMD 463.96 million a year ago. Net income was JMD 30.37 million compared to JMD 47.44 million a year ago. Basic earnings per share from continuing operations was JMD 0.02 compared to JMD 0.031 a year ago.
For the nine months, sales was JMD 1,634.27 million compared to JMD 1,234.45 million a year ago. Net income was JMD 179.04 million compared to JMD 94.95 million a year ago. Basic earnings per share from continuing operations was JMD 0.116 compared to JMD 0.062 a year ago.