Tuesday, 01 November 2022 10:19

TransJamaican reports increased profit

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TransJamaican Highway earned more profit in its third quarter ended September.
Earnings after tax for the three months were valued at US$2.1 million.
 
That's more than four times the amount the company made in the same quarter last year, when it earned US$516,000. 
 
TransJamaican's earnings were valued at US$16.7 million, which was $3.6 million more than July to September 2021.
 
For the same period last year, the company made US$13 million.
 
This brought the company's nine-month revenues to US$47 million, a 25 per cent increase.
 
TransJamaican Highway has reported that traffic volumes continue to exceed pre-pandemic levels for 2022.
 
For the first nine months of the year, traffic was up seven per cent over to 2019, and grew 16 per cent compared to 2021.
Last modified on Tuesday, 01 November 2022 13:48