Junior market-listed investment firm Kintrye Holdings (JA) Limited is riding positive momentum into Q3 after reporting a strong second quarter in its just-released unaudited results.

For the three months ended June 30, operating profit climbed 255 per cent year-over-year to J$18.42 million, compared to J$5.18 million in Q2 2024. Net profit jumped to J$17.31 million, up from J$1.19 million a year earlier.

Kintyre Holding revenue also increased 13 per cent year-over-year to J$39.5 million, led by strong performance in Visual Vibe, the group’s digital out-of-home advertising subsidiary.

Half-year performance to date:

• Operating profit climbed 342 per cent to J$29.81 million, compared to J$6.75 million in the half-year 2024.
• Net profit swung to J$25.84 million, versus a loss of J$1.22 million in the same period last year.
• Shareholders’ equity strengthened to J$292.6 million, up from J$277.0 million.

“Our Q2 results underscore the power of disciplined execution and portfolio diversification,” said Tyrone Wilson, president and CEO. “Visual Vibe continues to dominate Jamaica’s digital outdoor advertising market, and we’re also seeing meaningful early-stage gains from our real estate investments. This combination validates our SPEED strategy—scalable sales, portfolio optimisation, efficient governance, equity growth and diversified revenue streams—to maximise shareholder value.”

Balance sheet highlights:

• Total assets: J$775.0 million, up from J$716.0 million year-over-year.
• Total liabilities: J$209.4 million, reflecting a conservative leverage profile.
• Current ratio: 0.65, with management actively improving liquidity through receivables collection, refinancing and strategic capital raising.