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Caribbean Earning News

Gleaner Company Q3 Sales Drop but Profit Surges 69%

Author: Mukesh Buch
Islandjournal.net
Last Update: 6:37 AM ET December 13 2015


The Gleaner Company Limited, the Jamaica-based print media company stated revenue in the third-quarter ending in September declined 9.1% from a year ago to J$777.4 million.

Net profit in the quarter surged 69.1% from a year ago to J$27.4 million or 2.27 cents per share compared to J$16.2 million or 1.33 cents per share in the year ago earlier.


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