Aug 2023 Financial News

GraceKennedy Limited - 2nd Quarter Performance

Aug 02, 2023

GraceKennedy Limited (GK) has released its financial results for the six months ended June 30, 2023. For the period, GK achieved revenue of J$78.23 billion, representing an increase of J$5.64 billion or 7.8% over the first half of 2022. Profit before tax (PBT) increased to J$6.14 billion, J$716.7 million or 13.2% higher than the same period in 2022.

Net profit attributable to stockholders was J$4.19 billion, an increase of 14.3%; and earnings per stock unit for the period was J$4.22, compared to J$3.70 in 2022.

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The Trinidad and Tobago Stock Exchange Limited
Wednesday 2nd August, 2023