3 months Net Profit UP 252.2%, Revenue UP 139.5% vs last year
9 months Net Profit UP 140.9%, Revenue DOWN -100 % vs last year
Higher pump prices fuel Fesco
https://www.jamaicaobserver.com/business-observer/higher-pump-prices-fuel-fesco_244036
Curated News for JSE listed companies
$FESCO.ja reported its Q3 earnings today. Here is a #SOTRSummary
— Stocks on the Rocks #SOTR (@stocksondrocks) February 9, 2022
-Sales ⬆️147%, 63% of full 2021 earnings in 3 months.
-Net Profits ⬆️252% driven by better sales and margins.
9 months sales topped 8 billion and is trailing close to a 10 billion 2022 year. pic.twitter.com/1YuUUnv7QT
Higher pump prices fuel Fesco
https://www.jamaicaobserver.com/business-observer/higher-pump-prices-fuel-fesco_244036