Advertisement

Dolphin Cove realises lower profit of US$746,000 for June quarter

Tourist attraction Dolphin Cove realised lower profit of US$746,000 for its second quarter ended June 2024.
 
That's 35 per cent less than the US$1.15 million in post tax earnings for the similar period ended June 2023.
 
Dolphin Cove also posted lower revenues of US$3.87 million for the three months, compared with US$4.42 million last year.
 
This was linked to reduced inflows from the cruise segment of the business after what the company has described as an early end to the end April peak season.
 
There were also fewer arrivals in Ocho Rios due to the closure of the port, which was damaged in February during an incident involving a cruise vessel.
 
Dolphin Cove says the port issues have presented an opportunity to construct a finger pier, to accommodate larger ships and potentially increase future business.
 
The redeveloped pier is being spearheaded by the Port Authority of Jamaica, and should be completed in 2025 at a cost of US$20 million.


comments powered by Disqus
Most Popular
Antigua & Barbuda PM criticises Sandals over...
Opening of new KFC restaurant in Christiana...
Amazon launches under $20 outlet to compete...