The Jamaica Broilers Group says its audited financial report for the financial year ended May 3, 2025 was not submitted on September 30.
The company, however, says that it will be able to submit these audited financial statements and the unaudited results for the first quarter of its financial year, which ended August 25, to the Jamaica Stock Exchange on or before October 31.
The company also says these delays are due to the fact that it is conducting an ongoing and complex review and audit exercise in relation to its US operations which includes six companies in five states.
In the meantime, JBG has released a provisional report for the fourth month of its 2025-2026 financial year as part of new monthly disclosures aimed at increasing transparency with shareholders.
The move comes in light of continued challenges with its US operations, with the board approving monthly reporting until full quarterly submissions are finalised.
For the period, JBG reported revenues of $7.95 billion, down from $9.79 billion in the previous month.
Gross margins stood at $1.62 billion, with operating profit of $469 million and profit before tax of $187 million.
Year to date, revenues totalled $33.96 billion, with operating profit of $3.1 billion and profit before tax of $1.9 billion.
The company noted that Jamaican operations remained the strongest contributor, supported by other Caribbean markets while US operations continued to weigh on overall performance.
JBG stressed that the figures are unaudited and provisional.
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