Jamaica Producers Group Limited announced unaudited group earnings results for the first quarter ended March 30, 2013. For the period, the company reported gross operating revenue of JMD 1,861,437,000 compare to JMD 1,740,150,000 for the same period a year ago. Loss from operations was JMD 12,632,000 compared to profit from operations of JMD 42,825,000 for the same period a year ago. Profit before finance cost and taxation was JMD 157,730,000 compared to JMB 84,858,000 for the same period a year ago. Profit before taxation was JMD 130,599,000 compared to JMB 79,827,000 for the same period a year ago. Profit for the period was JMD 81,156,000 compared to JMB 72,442,000 for the same period a year ago. Profit attributable to parent company stockholders was JMD 85,477,000 compared to JMB 65,755,000 for the same period a year ago. Profit per ordinary stock unit Based on stock units in issue was 45.70 cents compared to 35.16 cents for the same period a year ago. After exclusion of stock units held by ESOP profit per ordinary stock unit was 50.28 cents compared to 38.82 cents for the same period a year ago. Cash used in operating activities was JMD 150,752,000 compared to JMD 419,057,000 for the same period a year ago.

Jamaica Producers Group Limited announced that its annual general meeting will be held on June 27, 2013, to approve amendments to articles of incorporation of company.

Jamaica Producers Group Limited announced audited group earnings results for the year ended Dec. 31, 2012. For the period, the company reported profit attributable to parent company stockholders was JMD 189,406,000 or 8.26 cents per share, profit before taxation of JMD 272,449,000, profit before finance cost and taxation was JMD 355,966,000, loss from operations of JMD 36,647,000 on gross operating revenue of JMD 6,790,257,000 compared to profit attributable to parent company stockholders was JMD 962,907,000 or 1.60 cents per share, profit before taxation of JMD 995,131,000, profit before finance cost and taxation was JMD 1,001,690,000, profit from operations of JMD 42,792,000 on gross operating revenue of JMD 6,180,569,000 for the same period a year ago. Cash provided by operating activities was JMD 667,290,000 compared to cash used in operating activities of JMD 213,856,000 for the same period a year ago. Additions to property, plant and equipment were JMD 216,838,000 compared to JMD 514,508,000 for the same period prior year.