October 14, 2025
Unaudited Financials for the First Quarter Ended August 31, 2025
Paramount Trading Jamaica Limited (PTL), for the first quarter ended August 31, 2025, reported a 14% increase in revenue, totaling $445.24 million, compared to $389.11 million in the corresponding three months last year.
Direct expenses amounted to $234.83 million (2024: $255.71 million), representing a decrease of 8% year over year. Consequently, gross profit increased by 58% to $210.42 million, compared to $133.40 million for the first quarter ended August 31, 2024.
Other operating income increased by 103%, closing at $627,305 (2024: other operating loss of $24.94 million), while administrative expenses decreased by 6%, from $120.70 million in 2024 to $113.59 million for the three months. As a result, total expenses for the first quarter amounted to $116.38 million, an 8% decrease relative to $126.62 million reported in 2024.
Operating profit for the three months amounted to $94.66 million, a 621% increase relative to the operating loss of $18.15 million reported in 2024. Net finance costs totaled $21.33 million, an 8% increase from the corresponding period last year (2024: $19.79 million).
Profit before taxation for the first quarter ended August 31, 2025, amounted to $73.33 million, representing a 293% increase relative to the loss before taxation of $37.95 million reported in 2024.
Taxation for the three months amounted to $18.33 million, resulting in a net profit of $55.00 million, a 245% increase compared to the net loss of $37.95 million reported in 2024.
Consequently, earnings per share (EPS) for the three months amounted to $0.036 (2024: loss per share (LPS) of $0.025). The twelve-month trailing EPS was $0.08, and the number of shares used in these calculations was 1,542,467,080.
Notably, PTL’s stock price closed the trading period on October 13, 2025, at $0.76, with a corresponding P/E ratio of 9.84x.
Balance Sheet Highlights
The company’s total assets stood at $2.32 billion, consistent with the prior year (2024: $2.32 billion). Key movements were seen in cash and cash equivalents, which declined to $102.76 million from $232.74 million in the same quarter of 2024. In contrast, inventories increased significantly to $884.26 million, up from $718.31 million reported in the corresponding period last year.
Shareholders’ equity was $1.12 billion (2024: $1.00 billion), representing a book value per share of $0.73 (2024: $0.65).
Disclaimer:
Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.
Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
