GraceKennedy delivered an 18 percent jump in after tax profit of $2.4 billion for the June 2026 quarter, from a 6.26 percent increase in revenues of $45.6 billion. For the half year, profits rose 11.76 percent to $4.75 billion from a 4.6 percent rise in revenues to $93 billion.
Grace delivered Interest and Other income along with its share of results of associates and joint ventures amounting to $2.17 billion, up 21 percent over the $1.79 billion in the second quarter in 2025. For the six months to June, the Group delivered an increase of 6.6 percent to $3.8 billion from $3.567 billion in 2025.
The Group took a $1.4 billion hit in other comprehensive income for the quarter and $1.7 billion for the half-year. These resulted mainly from re-measurement of post-employment benefit obligations and foreign exchange loss adjustments.
Earnings per share came in at $2.41 for the quarter and $4.78 for the half year, putting it on track for $10 for the year. Net asset value per share amounts to $95.86 at the end of June. The stock closed trading on Wednesday at $74 with a PE of 7.4 times 2026 earnings and a good long term buy. The group declared a dividend of 70 cents per share, payable in September.
The market closed with trading of 93,092,745 shares for $49,564,826, after jumping from 37,184,148 units at $35,084,290 on Friday.
Cargo Handlers sank 5 cents and ended at $16.75 after a transfer of 3,218 shares, Caribbean Cream rose 15 cents to $1.66 after trading of 59,491 stock units, Caribbean Flavours shed 6 cents to finish at $1.19 with 2,449 shares clearing the market. Derrimon Trading sank 24 cents to $1.45, following trading of 6,977,445 stocks, Dolla Financial slipped 12 cents to $2.41 in an exchange of 108,669 units, Dolphin Cove climbed 78 cents to finish at $10.93 with investors swapping 2,908 stock units. Fontana popped 28 cents in closing at $6.93 with 86,058 shares crossing the market, Fosrich fell 8 cents to end at $1.75 as investors exchanged 118,277 units, Future Energy rallied 5 cents to close at $3.60 in switching ownership of 98,742 stocks. Honey Bun increased 6 cents to $6.05 with 1,167 stock units crossing the exchange, Iron Rock Insurance gained 37 cents in closing at $2.70 with 3,688 shares changing hands, ISP Finance rose $1.60 to end at $12 with an exchange of 141 stock units. Jamaican Teas dipped 11 cents to $2.15 with 354,154 units passing through the market, Lasco Financial declined 33 cents and ended at $1.56 after an exchange of 1,001 stocks,
Lumber Depot dropped 7 cents to finish at $2.73 after investors swapped 1,479,791 units. Mailpac Group shed 8 cents to $2.55, following a transfer of 6,227 stocks, Main Event sank $1.62 to close at $5.07 with 36,731 shares crossing the market, MFS Capital Partners climbed 10 cents to close at 51 cents with a transfer of 234,983 stock units. Paramount Trading rallied 10 cents to $1.10 with trading in 80,786 shares, Regency Petroleum dipped 29 cents to end at $4.33, following trading of 16,564 units, Stationery and Office Supplies sank 5 cents to finish at $1.69 after trading of 507,498 stocks and Woodcats International skidded 5 cents to 70 cents after an exchange of 2,597,250 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.