Paramount Trading (Jamaica) Limited reported earnings results for the third quarter and nine months ended February 28, 2022. For the third quarter, the company reported sales was JMD 463.96 million compared to JMD 347.24 million a year ago. Net income was JMD 47.44 million compared to JMD 8.05 million a year ago. Basic earnings per share from continuing operations was JMD 0.031 compared to JMD 0.005 a year ago.
For the nine months, sales was JMD 1,234.45 million compared to JMD 1,015.85 million a year ago. Net income was JMD 94.95 million compared to JMD 27.74 million a year ago. Basic earnings per share from continuing operations was JMD 0.062 compared to JMD 0.018 a year ago.