Profit at Transjamaican Highway jumped a solid 33 percent before tax for the quarter ending March this year, to US$12.1 million, from US$9.1 million for the same period in 2024. The strong performance was largely driven by increased revenues of US$22.5 million, up 14 percent over the US$19.8 million recorded in the March quarter of 2024.
Profit after the provision for taxation of US$3 million for the quarter amounts to US$9.1 million, an increase of 32 percent over the net profit of US$6.9 million for the 2024 first quarter.
Although profit after tax was $9 billion, cash generated from operating activities amounted to a healthy $15 billion.
Earnings per share rose to US$0.0007, with ICInsider.com forecasting J$0.52 per share for the full year and putting the PE of the stock at an attractive 7 times the current year’s earnings, compared to 13.3 for the market average.
The company paid an interim dividend of J$0.1258 in April this year. A second dividend payment is expected later in the year, which should take the full year amount to 25 cents, with a dividend yield of nearly 7 percent. Most importantly, according to the prospectus issued in 2020, the dividend payment as a percent of profit ranges from 43 percent in the earlier years up to 2025, to a high of 85 percent, from 2026 to 2034. If the company adheres to this projection, dividends should double next year, and so should the stock price, all things being equal.
With these results and prospects for continued increased revenues, profit and good dividend payments, Transjamaican Highway is crowned an ICInsider.com BUYRATED stock.
The market closed with 17,051,387 shares trading worth $245,931,805 compared to 21,472,293 stock units for $158,528,037 on Thursday.
The Main Market finished trading with an average PE Ratio of 13.3. The JSE Main and the USD Market PE ratios are based on last traded prices and earnings forecasts by ICInsider.com for companies with the financial year ending around August 2025.
NCB Financial rallied 49 cents to end at $46 with 604,082 units crossing the market, Pan Jamaica gained 79 cents to close at $50.80 with traders dealing in 336 stocks. Proven Investments popped 85 cents to end at $17.85 after an exchange of 4,692 units, Seprod gained $2.94 and ended at $84 with 562 shares crossing the market, Sygnus Real Estate Finance rose $1.15 in closing at $9.25 with investors trading 22,502 units and Wisynco Group advanced 51 cents to end at $21.01 after 2,879 stocks crossed the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Trading ended with activity in just 41 securities, down from 44 on Thursday and ending with prices of 10 stocks rising, 16 declining and 15 closing unchanged.
At the close of the market, Access Financial recovered $3.25 of the loss on Thursday in closing at $17.30 with investors dealing in 781 shares, Caribbean Cream shed 40 cents to $2.20 after an exchange of 101,000 stocks, Derrimon Trading advanced 10 cents and ended at $2 with investors trading 6,774,835 units. Dolla Financial popped 7 cents to end at $2.62 with 99,151 shares changing hands, Elite Diagnostic lost 21 cents to finish at a 52 weeks’ low of $1.19 with investors swapping 100,337 stock units, Express Catering increased 52 cents to close at $2.94 with traders transferring 500 shares through the market. Fontana fell 6 cents to $9 with investors dealing in 31,899 stock units, GWest Corporation dropped 12 cents in closing at 85 cents in an exchange of 248,961 stocks, Indies Pharma sank 20 cents to finish at $3.55 with 415,551 units changing hands. 
Iron Rock Insurance climbed 70 cents and ended at $3.70 with an exchange of 10,000 stocks, Jamaican Teas dipped 13 cents to end at $2.32 with a mere 3 shares clearing the market, Knutsford Express gained $1.17 to close at $14.50 with investors trading 1,183 stock units. Lasco Financial sank 10 cents to $1.70 with traders exchanging 67,587 units, Mailpac Group skidded 17 cents in closing at $2.33 with 245,000 shares being traded, Main Event declined $2.16 to end at a 52 weeks’ low of $9.19 as investors exchanged 284,719 stock units. RA Williams rallied 7 cents and ended at 58 cents after a transfer of 61,905 stocks and Tropical Battery increased 29 cents to close at $2.10 with investors trading 10,322 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated. 
At the close of the market, Productive Business Solutions shed 4.6 cents and ended at US$1.38 with traders clearing 23 shares in the market, Proven Investments ended at 10.99 US cents after a transfer of 76 stocks, Sygnus Credit Investments remained at 7 US cents as investors exchanged 2,404 shares and Transjamaican Highway rose 0.07 of a cent to end at 2.56 US cents with sellers trading 366,346 stock units.
At the close of the market, the JSE Combined Market Index climbed 733.99 points to end at 333,572.37, the All Jamaican Composite Index popped 223.61 points higher to wrap up trading at 370,756.10, the JSE Main Index rallied 578.46 points to settle at 322,938.95, the Junior Market Index gained 24.29 points to 3,457.23 and the JSE USD Market Index shed 1.19 points to finish at 247.01.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.7 based on 2025-26 earnings and 18.6 based on 2024-25 historical earnings. The ICInsider.com PE ratio chart and the other more detailed daily charts provide investors with regularly updated information to help decision-making. The PE ratio chart covers all ordinary shares listed on the Jamaica Stock Exchange, grouped by industry, allowing for easy comparisons within a sector and the overall market. The earnings per share (EPS) and PE ratios are based on 2024 and 2025 actual or projected earnings, excluding any major one time income or expense.
The net asset value of each company is incorporated into the chart. Investors can use this measure to assess stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
The market closed with 21,472,293 shares traded worth $158,528,037, significantly above 5,328,869 stocks at $25,786,180 on Wednesday.
At the close of the market, AS Bryden fell $2 to $30 with investors trading 1,332 shares, Caribbean Cement lost $1.80 in closing at $84.20 with 713,766 units crossing the market, Caribbean Producers climbed 40 cents and ended at $8.40 with investors trading 4,669 shares. Eppley Caribbean Property Fund declined $4.95 to end at $34.50 with 861 stock units changing hands, Guardian Holdings shed $4 to finish at $340 with dealers trading 314 stocks, Jamaica Broilers sank 88 cents to close at $29.10 with 4,408 units crossing the market. Jamaica Stock Exchange dipped 50 cents to $12 with traders switching ownership of 100,389 shares, JMMB Group sank 60 cents to end at $20.10 with 265,152 stock units passing through the market, Margaritaville dropped $1.20 in closing at $10 after an exchange of 2,241 stocks. Massy Holdings rose $1 to finish at $79 with investors swapping 264 shares, Mayberry Group slipped 45 cents and ended at $7 with 951 stock units crossing the exchange, 
NCB Financial skidded $1.04 to close at $45.51 with investors trading 79,833 stocks. 138 Student Living sank 42 cents to $3.25 after an exchange of 58 units, Pan Jamaica dipped $3.47 in closing at $50.01 with a transfer of 121,891 shares, Seprod sank 94 cents to close at $81.06 with sellers clearing 31,721 units in the market. Sygnus Real Estate Finance slipped $1.24 and ended at $8.10 with an exchange of 11,392 stocks and Wisynco Group lost 80 cents to end at $20.50 with investors trading 614,956 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
The market closed with an exchange of 217,386 shares for US$11,618, falling from 264,864 stocks at US$21,126 on Wednesday.
Sygnus Real Estate Finance USD share remained at 8.01 US cents with traders dealing in 1,181 stock units and Transjamaican Highway popped 0.01 of a cent to 2.49 US cents with 126,110 stocks crossing the exchange.
The market closed with trading of 6,456,385 shares for $10,590,257, well above the 4,821,612 units at $8,531,764 on Wednesday.
The Junior Market ended trading with an average PE Ratio of 14.6, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Iron Rock Insurance skidded 70 cents in closing at $3 with investors trading 27,035 stocks, ISP Finance sank 80 cents to finish at a 52 weeks’ low of $8.70 with 12,000 stock units passing through the market. Jamaican Teas declined 9 cents to $2.45 with sellers trading 678,649 stocks, Jetcon Corporation fell 22 cents to close at 88 cents after an exchange of 278,069 units, Limners and Bards advanced 8 cents to end at $1.18 and closing with 150 shares being traded. Mailpac Group popped 10 cents in closing at $2.50 with 342,545 stock units crossing the exchange, Main Event dropped 12 cents to $11.35 with traders dealing in 8,336 shares, One Great Studio declined 6 cents to end at 39 cents as investors exchanged 246,448 stocks, RA Williams shed 7 cents to close at 51 cents after an exchange of 21,767 stocks and Tropical Battery dipped 18 cents to finish at $1.81 with 96,976 units crossing the market.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
At the close of the market, the JSE Combined Market Index fell 2,080.68 points to wrap up trading at 332,838.38, while the All Jamaican Composite Index dropped 2,211.66 points to end at 370,532.49, the JSE Main Index skidded 2,055.72 points to settle at 322,360.49, the Junior Market Index shed 16.34 points to 3,432.94 and the JSE USD Market Index rose 0.27 points higher to end at 248.20.
The market’s PE ratio, the most popular measure used to value stocks, ended at 12.7 based on 2024-25 earnings and 18.8 based on 2024 earnings.
The net asset value of each company is incorporated into the chart. Investors can use this measure in assessing stock values. The chart also shows daily changes in stock prices and the percentage year to date price movement based on the last traded prices. Dividends that are paid or are due to be paid and yields for each company are shown in the Main and Junior Markets’ daily report charts, along with the closing volume of the highest bid and the lowest offer for each company.
The market closed with trading of 4,821,612 shares for $8,531,764, falling sharply from 7,319,727 units at $14,054,114 on Tuesday.
The Junior Market ended trading with an average PE Ratio of 15, based on last traded prices in conjunction with earnings projected by ICInsider.com for financial years ending around August 2025.
Jamaican Teas gained 9 cents and ended at $2.54 with investors trading 49,486 stock units. KLE Group rose 10 cents to end at $1.15 with 2,056 shares crossing the exchange, Knutsford Express dropped $1.17 in closing at $13.33 with investors trading 139 stocks, Mailpac Group fell 17 cents to close at $2.40, with 2,119 units clearing the market. Main Event advanced 52 cents to $11.47 as investors exchanged 3,500 stock units and Medical Disposables increased 12 cents and ended at $1.72 with 28,226 shares changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.