GraceKennedy revenue rises, profit falls on hurricane costs

6 days ago 5
GraceKennedy Limited (GK) reported higher revenue but lower profit in 2025, as Hurricane Melissa’s October landfall drove one-off costs and disrupted operations. The food and financial services conglomerate said revenue climbed 6.4 per cent to $177.8 billion, while net profit fell 18 per cent to 7.25 billion. Profit attributable to stockholders was $6.89 billion, with earnings per stock unit at $7.00, down from $8.52 in 2024.
Read Entire Article