QWI Investments has reported a sharp improvement in earnings for its third quarter ended June 2026.
The investment company posted net profit of $144 million for the quarter. That's an increase of about 264 per cent on the corresponding period last year.
The company says the stronger performance was driven by gains in its overseas portfolio, particularly technology related investments along with a reversal of unrealised losses in its local portfolio.
For the nine months to June, QWI returned to profitability, recording net earnings of $52.1 million.
This compares with a loss of $98.1 million in the corresponding period last year.
The company says it remains positioned to benefit from opportunities in both the Jamaica and US markets.
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