Home Tag "don wehby"

GraceKennedy posts positive Q1 results with net profit up 14.9% – Revenue increased to $24.9B

The GraceKennedy Group has recorded revenues for the first quarter of 2018 of $24.9 billion and net profit of $1.3 billion. The results show positive performance with increases of 5.1% on revenue and 14.9% on net profit over Q1 2018. Don Wehby, Group CEO, expressed satisfaction with the Group’s results, noting that the company has […]

Unilever Caribbean’s Financial Performance Continues To Be Impacted By The Economic And Financial Challenges Experienced In T&T Market.

2017 Filled With Challenges And Opportunities As GraceKennedy Group Reaches Milestone Of JA$92 Billion In Revenue

Don Wehby, Group CEO for The GraceKennedy Group has described 2017 as one filled with challenges and opportunities, even as his team was focused and proactive in delivering on new initiatives, establishing new distribution channels, launching new products and executing financial inclusion strategies. Their resilience and diversity allowed them to withstand the pressures, maximise opportunities […]

Unilever Caribbean’s Financial Performance Continues To Be Impacted By The Economic And Financial Challenges Experienced In T&T Market.

Businessuite #1 Jamaica Ranked Public Company for 2017 – Main Market – GraceKennedy Limited

Nat Rank Nat Rank Carib Rank LC$000 US$000 LC$000 US$000 2017 2016 2017 Company 2016/17 2016/17 2015/16 2015/16 1 1 4 GraceKennedy Limited $88,267,589 $687,226 $79,742,230 $663,192 Stock Exchange: Jamaica Stock Exchange Main Market Company: GraceKennedy Limited 2017 Rank: #1 2016 Rank: #1 Chairman: Gordon V. Shirley, OJ Group Chief Executive Officer: Donald G. Wehby […]

Unilever Caribbean’s Financial Performance Continues To Be Impacted By The Economic And Financial Challenges Experienced In T&T Market.

Peter Moses Now Chairman of FGB as Douglas Orane Retires

Kingston, Jamaica September 20, 2017] GraceKennedy Limited has announced the retirement of Mr Douglas Orane from the Board of Directors of its subsidiary First Global Bank Ltd. after serving as its Chairman from April 2001. This became effective on September 19. Mr Orane had indicated to Don Wehby, Group CEO, his intention to step down […]

Jetcon See’s Pre-Inspection Delays Of Used Cars As Opportunities To Supply Other Dealers With Stock.

GraceKennedy Reporting 5.1% Increase In Revenue and 19.1% Reduction In Net Profit For Q2 2017

The GraceKennedy Group has released its Second Quarter 2017 results, reporting J$46.4 billion in revenues, an increase of $2.3 billion or 5.1% over the corresponding period of 2016. This was driven by growth in both its Food Trading and Financial segments. Profitability for the quarter was ahead of plan, with net profit for the period […]

Unilever Caribbean’s Financial Performance Continues To Be Impacted By The Economic And Financial Challenges Experienced In T&T Market.

There Needs to Be More Jamaican Producers Getting Better at Tapping into External Markets, For Economic Growth to Be Sustained – Wehby

Chairman of Jamaica Promotions Corporation (JAMPRO), Senator Don Wehby, says there needs to be more exports and Jamaican producers getting better at tapping into external markets, for economic growth to be sustained. Wehby, who is also Chief Executive Officer (CEO) of the GraceKennedy Group, adds that JAMPRO is in two years of an export strategy […]

Jetcon See’s Pre-Inspection Delays Of Used Cars As Opportunities To Supply Other Dealers With Stock.

Athol Smith Selling His Local Procter and Gamble Distribution Company, Consumer Brands, To GraceKennedy

Athol Smith, Managing Director of Consumer Brands Limited, a large player in the Jamaican distribution market has agreed to sell his privately held distribution company to the GraceKennedy Group. Under the deal announced last week Consumer Brands will become a subsidiary of the GraceKennedy Group under GraceKennedy Foods. Athol Smith will remain with the company as an […]

Jetcon See’s Pre-Inspection Delays Of Used Cars As Opportunities To Supply Other Dealers With Stock.

Gracekennedy Is Deepening Relationships With Jamaican Farmers, Developing New Initiatives, Absorbing Supplies, Incentivize Productivity, And Promote Employment Opportunities – Wehby

GK Foods & Services Limited, a subsidiary of GraceKennedy Limited, will be opening its sixth manufacturing plant in Jamaica next year. The new facility will produce a range of conveniently portioned and packaged locally grown fruits and vegetables primarily for export markets. The 60,000 square foot facility, which is situated in Denbigh, Clarendon, contains a […]

Jetcon See’s Pre-Inspection Delays Of Used Cars As Opportunities To Supply Other Dealers With Stock.

New Developments In GraceKennedy’s Food And Financial Segments Driving Increases In Revenue To JA$23.7 Billion In Quarter’s Results.

GraceKennedy Group CEO Don Wehby is crediting an increase in revenue of $1.6 billion to $23.7 billion, in their most recent quarter’s results, to new developments in both their food and financial segments. He noted that revenue grew for the food trading segment over Q1 2016 driven by higher sales from the Jamaican foods distribution, […]

Jetcon See’s Pre-Inspection Delays Of Used Cars As Opportunities To Supply Other Dealers With Stock.

Profitability For The Quarter Was Ahead Of Plan, Although Net Profit Decreased By J$452.2 Million Or 28.3% Over Q1 2016.- Wehby

The GraceKennedy Group released its First Quarter 2017 results reporting an increase in revenue of $1.6 billion to $23.7 billion. This was driven by growth in both its Food Trading and Financial segments. Profitability for the quarter was ahead of plan although net profit for the period rounded off at J$1.1 billion decreasing by J$452.2 […]

Unilever Caribbean’s Financial Performance Continues To Be Impacted By The Economic And Financial Challenges Experienced In T&T Market.