Company Overview of Berger Paints Jamaica Limited
Berger Paints Jamaica Limited manufactures and distributes decorative, industrial, and wood coatings; and paint related materials primarily in Jamaica. The company provides various products comprising primers, stains and varnishes, furniture finishes, wood preservatives, road marking paints, enamels, and light and heavy duty industrial finishes. It offers its products to homeowners, architects, engineers, contractors, and interior designers. The company is based in Kingston, Jamaica. Berger Paints Jamaica Limited is a subsidiary of Berger International Limited.
256 Spanish Town Road
PO Box 8
Key Executives for Berger Paints Jamaica Limited
Berger Paints Jamaica Limited does not have any Key Executives recorded.
Berger Paints Jamaica Limited Key Developments
Berger Paints Jamaica Limited Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended September 30, 2015
Nov 4 15
Berger Paints Jamaica Limited reported unaudited earnings results for the second quarter and six months ended September 30, 2015. For the quarter, the company reported sales (net of discount and rebates) of JMD 471,839,000 compared to JMD 430,207,000 a year ago. Profit from operations was JMD 22,495,000 compared to JMD 11,448,000 a year ago. Profit before taxation was JMD 22,009,000 compared to JMD 11,463,000 a year ago. Net profit was JMD 13,830,000 or JMD 0.06 per unit compared to JMD 8,570,000 or JMD 0.04 per share a year ago.
For the six months period, the company reported sales (net of discount and rebates) of JMD 912,402,000 compared to JMD 817,455,000 a year ago. Profit from operations was JMD 45,822,000 compared to JMD 10,938,000 a year ago. Profit before taxation was JMD 45,336,000 compared to JMD 10,931,000 a year ago. Net profit was JMD 30,626,000 or JMD 0.14 per unit compared to JMD 8,198,000 or JMD 0.04 per share a year ago. Cash used in operations was JMD 24,095,000 compared to cash generated from operations of JMD 12,427,000 a year ago.
Berger Paints Jamaica Limited Announces Management Changes, Effective October 19, 2015
Oct 14 15
Berger Paints Jamaica Limited has announced the resignation of Mr. Jalaj Dani as Director/Chairman of the Board of Directors and the appointment of Mr. Manish Choksi as Director/Chairman of the Board of Directors effective October 19, 2015.
Berger Paints Jamaica Limited Announces Unaudited Earnings Results for the First Quarter Ended June 30, 2015
Aug 14 15
Berger Paints Jamaica Limited announced unaudited earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported sales (net of discount and rebates) of $440,563,000 compared to $387,248,000 a year ago. Profit from operations was $23,327,000 compared to loss from operations of $510,000 a year ago. Profit before taxation was $23,327,000 compared to loss before taxation of $532,000 a year ago. Net profit was $16,796,000 compared to net loss of $372,000 a year ago. Earnings per stock unit were $0.08. Net cash flows from operating activities were $6,517,000 compared to $44,646,000 a year ago.
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