Jamaica Public Service Company Limited, an integrated electric utility company, engages in the generation, transmission, and distribution of electricity to residential and business customers in Jamaica. It generates electricity using steam (oil-fired), gas turbines, combined cycle, diesel, and hydroelectric technologies. The company owns and operates 4 power stations, 9 hydroelectric plants, 43 substations, and approximately 14,000 kilometers of distribution and transmission lines. It serves approximately 606,654 customers. The company was founded in 1923 and is headquartered in Kingston, Jamaica.
6 Knutsford Boulevard
Founded in 1923
Jamaica Public Service Company Limited Announces Dividend on Class F Preference Shares, Payable on November 24, 2015
Nov 10 15
Jamaica Public Service Company Limited announced that the Board of Directors approved payment of USD 0.2394520548 per share to holders of Class F Preference shares on record as at November 13, 2015, payable on November 24, 2015. The ex-dividend date is November 20, 2015.
Jamaica Public Service Company Limited Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015
Oct 30 15
Jamaica Public Service Company Limited announced unaudited earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, operating revenue was USD 196,704,000 against USD 265,929,000 a year ago. Operating profit was USD 27,826,000 against USD 15,868,000 a year ago. Profit before taxation was USD 15,262,000 against USD 5,499,000 a year ago. Net profit was USD 12,641,000 against net loss of USD 3,666,000 a year ago. Net profit per share was 0.23 cents against net loss per share of 0.07 cents a year ago.
For the nine months, operating revenue was USD 583,021,000 against USD 798,874,000 a year ago. Operating profit was USD 66,327,000 against USD 60,662,000 a year ago. Profit before taxation was USD 31,894,000 against loss before taxation of USD 18,775,000 a year ago. Net profit for the period was USD 23,729,000 against USD 12,517,000 a year ago. Net profit per share was 0.14 cents against net loss per share of 0.08 cents a year ago. Net cash provided by operating activities was USD 72,837,000 against USD 76,899,000 a year ago. Purchase of property, plant & equipment was USD 43,716,000 against USD 40,801,000 a year ago.
Jamaica Public Service Company Limited Declares Dividend on Preference Shares, Payable on December 31, 2015
Oct 28 15
Jamaica Public Service Company Limited (JPS) has advised that the Board of Directors declared the payment of quarterly dividends on preference shares of $0.025 per share on 5% class C shares, $0.025 per share on 5% class D shares, $0.030 per share on 6% shares and $0.035 per share on 7% shares payable on December 31, 2015 to shareholders on record as at December 15, 2015. The ex-dividend date is December 11, 2015.