CAC 2000 Returns to Quarterly Profit as Half-Year Loss Widens to $69.8 Million
CAC 2000 Limited has published unaudited interim financial results covering the six months ended April 30, 2026. The company's board approved the figures, which were compiled under International Financial Reporting Standards (IFRS).
During the quarter that closed on April 30, 2026, CAC 2000 moved back into profit territory, booking net earnings of $3.7 million. For the half-year period, the company also generated positive operating cash flow of $43.8 million — a turnaround that management tied to stronger margins and tighter cash management.
Across the full six-month stretch, however, the firm still ended in the red. CAC 2000 reported a net loss of $69.8 million, compared with a $56.1 million loss in the first half of fiscal 2025. Revenue totalled $226.1 million, down 47.9% from the same period a year earlier. The company said the drop reflected difficult market conditions alongside its ongoing emphasis on credit quality and cash-generating business. Gross profit margin improved to 41.7%, up from 34.0% in H1 FY2025.
Source: Original PDF
Syndicated from Jamaica Stock Exchange · originally published .
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