Mayberry Jamaican Equities is reporting a sharp deterioration in earnings, posting a net loss of US$5.2 million for the December 2025 quarter, compared with a profit of US$758,000 a year earlier, amid weak equity market conditions.
Revenue performance was weighed down by net unrealised investment losses of US$4.5 million, reversing fair value gains of US$1.6 million recorded in the corresponding period of 2024.
For the full year ended December 31, 2025, the company reported a net loss of US$31 million, widening significantly from a loss of US$887,000 in 2024.
Management attributed the outturn to soft market conditions that generated unrealised losses on fair value through profit and loss investments.
Despite the earnings setback, operating costs declined with total operating expenses for the December quarter falling 32 per cent while full-year expenses dropped 15 per cent.
Dividend income rose 22 per cent to US$129,000, supported by payouts from key holdings including Supreme Ventures, JMMB Group and NCB Financial Group.
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