November 14, 2025
Jamaica Broilers Group Limited (JBG)
Audited financials for the year ended May 3, 2025:
Jamaica Broilers Group Limited (JBG) for the year ended May 3, 2025, reported a 5% increase in Revenue totaling $98.57 billion compared to $93.83 billion in the corresponding period last year. Revenue for the fourth quarter had a 15% increase to close at $26.91 billion compared to $23.49 billion for the comparable quarter of 2024.
Cost of Sales amounted to $84.89 billion (2024: $80.28 billion), this represents an increase of 6% year over year. Consequently, gross profit increased by 1% to $13.68 billion compared to $13.55 billion for the year ended April 30, 2024. The company booked gross Loss of $2.19 billion for the fourth quarter versus gross loss of $3.81 billion reported for the similar quarter of 2024.
Other gains decreased by 89% to close at $263.17 million (2024: $2.45 billion), while Distribution Costs increased by 31% from $2.75 billion in 2024 to $3.61 billion in the period under review. Also, administration and other expenses for the year ended May 3, 2025, amounted to $13.74 billion, a 6% increase relative to $12.92 billion reported in 2024.
Consequently, Operating Loss for the year ended May 3, 2025, amounted to $3.41 billion, a 1112% downturn from operating profit of $336.51 million reported in 2024. Operating Loss for the fourth quarter amounted to $7.11 billion (2024: Operating Loss of $6.38 billion).
Finance Costs totalled $3.20 billion a 20% increase from the corresponding period last year. (2024: $2.68 billion).
Loss before taxation for the year ended May 3, 2025, amounted to $6.56 billion, a 186% increase relative to $2.30 billion reported in 2024. Loss before taxation for the fourth quarter amounted to $8.23 billion (2024: $7.06 billion).
Taxation for the year ended May 3, 2025, had a 4% decrease to reach $662.27 million (2024: $689.50 million). As such, Net Loss for the year amounted to $7.22 billion, a 142% increase from the $2.99 billion net loss reported in 2024. For the fourth quarter, Net Loss was $7.47 billion (2024: $6.81 billion).
Consequently, Loss Per Share for the year amounted to $7.21 (2024: LPS: $2.98). The weighted average number of shares used in these calculations are 1,001,318,000 in 2025 and 1,001,466,000 in 2024.
Notably, JBG’s stock price closed the trading period on November 13, 2025, at a price of $23.08.
Balance Sheet Highlights
The company’s assets totalled $54.74 billion (2024: $55.23 billion). The movement in total assets was mainly due to a $513.28 million downturn in Current Assets, which saw declines in Cash of $1.69 billion and Receivables of $1.55 billion, while biological assets increased by $1.09 billion, Inventories grew by $847.63 million and Taxation recoverable up by $785.79 million.
Shareholder’s deficit was $10.03 billion (2024: $1.02 billion), representing a book deficit per share of $10.02 (2024: $1.02).
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