Jamaica Broilers $7.2 billion loss leaves Investors worried
The latest financial report from Jamaica Broilers lands like a shockwave across the economy. A $7.2-billion loss, a restatement that erased $22 billion in past profits, negative equity of $10 billion, and a breach of major loan covenants — all triggered by accounting irregularities inside the company’s US operations. For a brand as deeply rooted […]