Wednesday, September 12, 2012

A bird’s eye view at Jamaica Broilers - Business - JamaicaObserver.com

A bird’s eye view at Jamaica Broilers - Business - JamaicaObserver.com: "ON the heels of contributions to SSL's 'In the money' by my esteemed colleagues Gillian Bernard ('Thirsty for a new investment? Look to water') and Patrick Robins ('Growing corn in your portfolio') comes the opportunity to connect the two and show the potential benefits to accrue to a locally listed company, Jamaica Broilers Group Limited.
Going by the ticker JBG on the Jamaica Stock Exchange, the group was incorporated 54 years ago in 1958 and boasts several divisions and subsidiaries which include Best Dressed Chicken, Best Dressed Foods and JB Ethanol. Net profit for the year-ended April 30th, 2011 amounted to $956 million, a 27.46 per cent, decline from the $1.3-billion profit of the 2010 financial year. Mr Robert Levy CD, serves as non-executive chairman whilst his son Christopher Levy is president and CEO. Of note, the JBG board of directors boasts several luminaries and titans of Jamaican commerce."

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