Radio Jamaica deepened its losses in the financial year ended March 31, despite cutting expenses and improving other operating income.
The media company reported a net operating loss of $907.2 million, up from a loss of $666 million the year before. That's a deterioration of about 36 per cent.
Revenue declined by more than 12 per cent to $4.65 billion.
Finance costs increased to $113.5 million, while the company also reported losses from associates and a joint venture.
However, Radio Jamaica recorded a significant increase in other operating income which rose to $228.6 million, up from $91.4 million in the previous year.
The company also reduced selling, administrative, depreciation and other operating expenses.
After accounting for other comprehensive income, Radio Jamaica ended the year with a total comprehensive loss of $873.7 million, compared with $765 million in 2025.
comments powered by Disqus
All feeds
