Sterling Investments Limited Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
For the six months, the company reported total revenue of JMD 53,086,643 compared to JMD 51,326,109 a year ago. Operating profit was JMD 35,308,525 compared to JMD 39,362,212 a year ago. Profit before income tax was JMD 32,966,961 compared to JMD 38,491,306 a year ago. Profit was JMD 32,697,396 or JMD 0.74 per share compared to JMD 38,491,306 or JMD 0.96 per share a year ago. Net cash used in operating activities was JMD 20,519,919 compared to net cash provided by operating activities of JMD 162,340,806 a year ago.