Pan Jamaica Group has reported a 63% jump in consolidated net profits, reaching $6.1 billion for the year ended December 31, 2024.
Net profits attributable to PJG shareholders climbed even higher, rising 82% to $4.6 billion, as the diversified conglomerate saw strong performances across key business divisions.
The Group's revenues surged by 38% year-over-year to $40 billion, fueled by strong trading results in its Property & Infrastructure, Global Services, and Specialty Foods divisions.
These gains were partially offset by weaker earnings from the Financial Services Division, which faced unfavorable market conditions throughout the year.
The group says the results reflect the benefits of its diversified business model across four key segments: property & infrastructure, financial services, specialty foods, and global services.
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