Jamaica Producers Group (JPG) is reporting strong financial results, largely driven by its stake in Pan Jamaica Group, following its 2023 merger with PanJam Investment.
In 2024, JPG posted net profits of $1.6 billion - an 18% increase - with assets rising to $38.1 billion in shareholder's equity, reaching $37.4 billion.
The group remains debt-free.
Pan Jamaica Group was a major contributor with its net profits growing over 80% in 2024.
JPG shares of these earnings accounted for most of the income.
The momentum has continued into 2025, with first quarter net profits of 144% to $585 million.
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