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Jamaica Broilers Group Wows Investors

Jamaica’s leading poultry producer, Jamaica Broilers Group Ltd., wowed investors with stellar results for the first quarter ended August 1, 2009. Jamaica Broilers Group’s earnings per share more than doubled to J$0.36 from J$0.15.

All segments improved, especially the ethanol division, which contributed over 50% to net income. Profits from ethanol more than doubled and the poultry division also saw its earnings jump 22.73%. Additionally cost cutting measures bolstered the company’s bottom-line as distribution and administrative costs remained relatively flat.

Man Dies After Falling From Ackee Tree

Forty-eight year old Alvin Edwards died from injuries he sustained on Wednesday (September 16), when he fell from an ackee tree at his home on Savitri Road, Kingston 11.

According to police reports, at approximately 8 a.m., Edwards climbed the tree to pick ackees, when he lost his balance and fll to the ground. He sustained injuries and was taken to the Kingston Public Hospital where he was pronounced dead.

The Hunts Bay Police are investigating.

 

September 2009
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