Sterling Investments Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was JMD 71.41 million compared to JMD 12.81 million a year ago. Net income was JMD 67.3 million compared to net loss of JMD 29.02 million a year ago. Basic earnings per share from continuing operations was JMD 0.16 compared to basic loss per share from continuing operations of JMD 0.07 a year ago.
For the six months, revenue was JMD 101.29 million compared to JMD 49.4 million a year ago. Net income was JMD 83.16 million compared to JMD 7.14 million a year ago. Basic earnings per share from continuing operations was JMD 0.19 compared to JMD 0.02 a year ago.