Ciboney Group Limited announced unaudited consolidated earnings results for the third quarter and nine months ended February 29, 2016. For the quarter, the company reported financial income of JMD 23,000 against JMD 85,000 a year ago. Net loss was JMD 2,803,000 or 0.51 cents per stock unit against JMD 1,381,000 or 0.25 cents per stock unit a year ago.

For the nine months, the company reported financial income of JMD 160,000 against JMD 302,000 a year ago. Net loss was JMD 6,196,000 or 1.13 cents per stock unit against JMD 3,688,000 or 0.68 cents per stock unit a year ago. Net cash used in operating activities was JMD 560,000 against JMD 674,000 a year ago.