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VM Investments Turns $70.1M Q1 Profit After Year-Ago Loss
Radio Jamaica News Online

VM Investments Turns $70.1M Q1 Profit After Year-Ago Loss

1 min read

VM Investments Limited (VMIL) has moved back into profit for the three months ended March 31, 2026, with consolidated net earnings of $70.1 million. The result stands in contrast to the $32.5 million loss the group reported for the same quarter in the previous year.

VMIL said trading took place amid stiff headwinds, including economic fallout from Hurricane Melissa in late 2025 and wider uncertainty tied to ongoing conflict in the Middle East. The company nonetheless attributed the improved outcome to firmer investment activity together with careful spending controls.

The group also stated that its capital adequacy ratio stood at 21.41 per cent, a level it said sits well clear of the minimum set by regulators.

Syndicated from Radio Jamaica News Online · originally published .

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