FosRich Company has reported a significant decline in financial performance for 2025, moving from profit to a substantial loss.
The company posted a net loss of J$506 million, compared with a profit of $34.6 million in 2024.
Turnover also fell sharply to $2.86 billion, down from $3.68 billion the previous year.
Administrative and operating expenses remained high at more than $1.35 billion.
Finance costs also increased, further affecting the company's bottom line.
Earnings per share reflected the downturn, moving to a loss of nine cents, compared with earnings of one cent per share last year.
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