Radio Jamaica Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was JMD 1,410.38 million compared to JMD 1,450.53 million a year ago. Net income was JMD 56.26 million compared to JMD 391.76 million a year ago. Basic earnings per share from continuing operations was JMD 0.019 compared to JMD 0.129 a year ago.
For the nine months, sales was JMD 4,139.24 million compared to JMD 4,188.64 million a year ago. Net loss was JMD 46.37 million compared to net income of JMD 339.49 million a year ago. Basic loss per share from continuing operations was JMD 0.015 compared to basic earnings per share from continuing operations of JMD 0.112 a year ago.