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Paramount Trading Limited has reported a return to profitability for its first quarter ending August 2025, reversing losses from the same period last year. The performance was driven primarily by strong gains in its Construction segment, which grew by 140%, supported by continued expansion in Jamaica’s building sector.
The Technical Grade and Bleach divisions also recorded modest growth of 12% and 1%, respectively. Overall, gross revenue increased by 14.4% to J$445.2 million, while gross profit rose by 57.7% to J$210.4 million.
Operating expenses declined to J$116.3 million, down 8.1% year-over-year, helping to lift profit before tax to J$73.3 million, compared to a loss of J$37.9 million in 2024. Earnings per share improved to J$0.036, while the company’s book value rose to J$1.73 billion.
Finance costs increased slightly to J$22.1 million, mainly due to the final drawdown from its corporate bond issued in August 2024.
Paramount’s management reaffirmed its commitment to exploring new growth opportunities and maintaining disciplined cost control. The company remains confident about sustaining its current trajectory and strengthening its presence in Jamaica’s construction and industrial supply markets.