Home Tag "GraceKennedy Limited"

Gracekennedy Must Be Forward-Looking To Achieve An Agile, Efficient And High-Performing Structure In Order To Remain Innovative And Successful In The Global Market Place – Wehby

At GraceKennedy Ltd.’s Annual General Meeting, held on Wednesday, May 30 at the Company’s Harbour Street, Kingston Headquarters; Don Wehby, Group CEO, signalled to shareholders some of the strategic plans for the Company in the lead up to its 100th year anniversary in 2022. “GraceKennedy maintains that in order to remain innovative and successful in […]

National Rums Chairman, Komal Samaroo, Supports Call For Rum-Manufacturing Companies To Partner More With Cane Farmers And More Local Products In Operations.

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 […]

FirstCaribbean International Bank Reporting 18% Increase In Net Income To US$43.9M For Q2 2018

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 […]

FirstCaribbean International Bank Reporting 18% Increase In Net Income To US$43.9M For Q2 2018

Gracekennedy Group Confirms Merger Talks Between Signia Financial Group And Globe Finance Inc

GraceKennedy Group has confirmed by way of a notice to The Trinidad and Tobago Stock Exchange that Signia Financial Group Inc. is exploring a potential merger with Globe Finance Inc., this pursuant to a non-binding Letter of Intent signed by the company’s respective shareholders. GraceKennedy Group has a 40% interest in Signia Financial Group which […]

National Rums Chairman, Komal Samaroo, Supports Call For Rum-Manufacturing Companies To Partner More With Cane Farmers And More Local Products In Operations.

Gray’s Pepper Products Sells 33.3 % Stake To GK Investments Limited

Gray’s Pepper Products Limited, one of Jamaica’s largest processors of seasonings and sauces has sold a 33.3 per cent stake in the company to GK Investments Limited, a subsidiary of GraceKennedy Limited. A family-owned and operated business, Gray’s Pepper has been led by Andrew Gray, the company’s Managing Director since 1995 and will continue in […]

FirstCaribbean International Bank Reporting 18% Increase In Net Income To US$43.9M For Q2 2018

Group CEO Don Wehby Announces Senior Management Changes Within The GraceKennedy Group

GraceKennedy Group CEO Don Wehby has announced senior management changes within the GraceKennedy Group, which will take effect on January 1, 2018: GraceKennedy Foods – Andrea Coy will be appointed as CEO of GK Foods International Business a position previously held by Ryan Mack. GraceKennedy’s manufacturing and distribution operations in the USA, Canada and the […]

National Rums Chairman, Komal Samaroo, Supports Call For Rum-Manufacturing Companies To Partner More With Cane Farmers And More Local Products In Operations.

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 […]

FirstCaribbean International Bank Reporting 18% Increase In Net Income To US$43.9M For Q2 2018

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 […]

National Rums Chairman, Komal Samaroo, Supports Call For Rum-Manufacturing Companies To Partner More With Cane Farmers And More Local Products In Operations.

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 […]

FirstCaribbean International Bank Reporting 18% Increase In Net Income To US$43.9M For Q2 2018

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 […]

National Rums Chairman, Komal Samaroo, Supports Call For Rum-Manufacturing Companies To Partner More With Cane Farmers And More Local Products In Operations.