August 27, 2014 11:54 PM ET

Chemicals

Company Overview of Berger Paints Jamaica Limited

Company Overview

Berger Paints Jamaica Limited manufactures and distributes decorative, industrial, and wood coatings; and paint related materials primarily in Jamaica. The company provides various products comprising primers, stains and varnishes, furniture finishes, wood preservatives, road marking paints, enamels, and light and heavy duty industrial finishes. It offers its products to homeowners, architects, engineers, contractors, and interior designers. The company is based in Kingston, Jamaica. Berger Paints Jamaica Limited is a subsidiary of Berger International Limited.

256 Spanish Town Road

PO Box 8

Kingston,  11

Jamaica

Phone:

876-923-6226

Fax:

876-923-5129

Key Executives for Berger Paints Jamaica Limited

Berger Paints Jamaica Limited does not have any Key Executives recorded.

Berger Paints Jamaica Limited Key Developments

Berger Paints (Jamaica) Announces Earnings Results for the Year Ended March 31, 2014

Berger Paints (Jamaica) announced earnings results for the year ended March 31, 2014. For the year, the company reported sales (net of discounts and rebates) of JMD 1,737,995,000 against JMD 1,608,216,000 a year ago. Profit before finance costs and taxation was JMD 80,844,000 against JMD 56,505,000 a year ago. Profit before taxation was JMD 80,708,000 against JMD 56,478,000 a year ago. Net profit for the year was JMD 54,906,000 or 26 cents per stock against JMD 42,240,000 or 20 cents per stock a year ago. Net cash used in operating activities was JMD 64,860,000 against cash provided by operating activities of JMD 107,534,000 a year ago. Acquisition of plant, property and equipment was JMD 33,372,000 against JMD 14,446,000 a year ago.

Berger Paints Jamaica Limited Announces Earnings Results for the Year Ended March 31, 2014

Berger Paints Jamaica Limited announced earnings results for the year ended March 31, 2014. For the quarter, the company reported sales (net of discounts and rebates) of JMD 1,737,995,000 against JMD 1,608,216,000 a year ago. Profit before finance costs and taxation was JMD 80,844,000 against JMD 56,505,000 a year ago. Profit before taxation was JMD 80,708,000 against JMD 56,478,000 a year ago. Net profit was JMD 54,906,000 or 26 cents per stock against JMD 42,240,000 or 20 cents per stock a year ago. Net cash provided by operating activities was JMD 64,860,000 against JMD 107,534,000 a year ago. Acquisition of plant, property and equipment was JMD 33,372,000 against JMD 14,446,000 a year ago.

Berger Paints Jamaica Limited Announces Final Dividend for the Year Ended March 31, 2014, Payable on July 9, 2014

Berger Paints Jamaica Limited has advised that at a meeting of the Board of Directors held on April 14, 2014, the directors passed a resolution that a final dividend payment of $0.08 per ordinary stock unit payable on July 9, 2014 be recommended to the stockholders on record as at June 20, 2014 in respect of the year ended March 31, 2014. The ex-dividend date is June 18, 2014.

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