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GraceKennedy reports higher revenues, profit for January to September

GraceKennedy is reporting increased revenues and pre-tax profit for the nine months ended September based on unaudited results.
 
The company achieved revenues of $126.39 billion, representing an increase of 7.3 per cent over the corresponding period in 2023.
 
A statement from the company said profitability also improved, with net profit attributable to stockholders was J$6.62 billion, an increase of 11 per cent.
 
Based on the result, the company will be paying a dividend of $0.75 per stock unit.
 
This is the fourth interim dividend payment for 2024 and brings the year-to-date total dividend payout to approximately J$2.3 billion.


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