A strong performance from its logistics and financial services interests propelled Pan Jamaica Group Limited (PJG) to consolidated net profits of $8.1 billion for the year ended December 31, 2025—a 33% increase over 2024.

Net profit attributable to shareholders rose to $6.3 billion, up 18% year-over-year, on revenues of $45 billion, reflecting a 13% increase over the prior year.

The results mark a particularly strong expansion of earnings for the Group, underpinned by double-digit revenue growth in three of its four operating divisions and a significant turnaround in financial services performance.

“2025 tested corporate Jamaica. The big challenge that everyone’s talking about when it comes to the earnings line is Hurricane Melissa, but in the background, there were also massive disruptions to the trading regime, geopolitics, inconsistent growth levels and balance sheet tests with some enterprises facing debt and liquidity issues,” Pan Jamaica Group CEO and Vice Chairman, Jeffrey Hall, noted. “I would say that Pan Jamaica group went into the year with a strong business model designed to deal with shocks like this. It’s diversified by business line, by geography, with strong market positioning and very experienced leadership throughout the management teams of all the companies within our group.”

PJG’s Global Services Division, which includes its logistics and port operations, delivered one of the most notable contributions to group performance. The division recorded profit before finance costs and taxation of $5.0 billion, representing a 27% increase over 2024, on revenues of $15.4 billion, up 19% year-over-year.

The uptick in performance was driven by increased volumes on its Geest Line shipping service and stronger domestic and transhipment activity at Kingston Wharves—reinforcing the Group’s strategic positioning in regional trade and logistics flows.

Meanwhile, the Financial Services Division recorded profit before finance costs and taxation of $4.9 billion, reflecting a striking 77% increase compared to the previous year. The compounding growth was supported by higher insurance revenues, expanded net interest income in commercial banking, improved trading gains, and market experience gains in long-term insurance portfolios.

The Property & Infrastructure Division generated profit before finance costs and taxation of $1.7 billion, a 21% increase after normalising for the prior year’s one-off gain on the sale of a non-core land asset. Revenues climbed 12% to $4.8 billion, supported by higher occupancies and rate adjustments across its commercial property portfolio and hospitality assets.

The division includes the ROK Hotel Kingston and associate interests such as Courtyard by Marriott Kingston, both of which contributed to improved results amid steady tourism and business travel activity throughout the year.

The Speciality Foods Division, PJG’s largest revenue contributor, reported revenues of $25.2 billion, up 10% year-over-year. However, profit before finance costs and taxation declined 36% to $356 million, largely due to the impact of Hurricane Melissa on the Group’s JP Farms banana operations. The Category 5 hurricane caused significant impairment of agricultural assets and ongoing rehabilitation expenses without corresponding revenue generation. Management indicated that the farming operation is recovering and is expected to resume full production in 2026.

Despite these challenges, PJG advanced its international expansion strategy. On October 31, 2025, its European juice business acquired a 64% interest in Frankly Juice, strengthening its footprint in Scandinavia and expanding its premium cold-pressed product offering. The move further consolidates PJG’s position as a market leader in fresh juice production across Northern Europe, now with a total of four European juice production sites.

“What 2025 reinforced for us is that resilience is no longer a defensive strategy – it is a competitive advantage,” Hall said. “In the current environment, diversified groups with operational depth and regional reach are uniquely positioned to move quickly. We believe the next phase for Pan Jamaica is about leveraging that agility – scaling where we have momentum, deepening partnerships across the Caribbean and Europe, and positioning the Group to benefit from structural shifts in trade, finance and consumer demand.”

The Group attributed its 2025 performance to disciplined portfolio management, operational focus, and active capital allocation. Management signalled that it will continue divesting non-core holdings and redeploying capital into its highest-return business segments, while maintaining a prudent risk management posture.

With logistics volumes rising, financial services rebounding sharply, and European expansion underway, Pan Jamaica Group enters 2026 with strengthened earnings momentum and a portfolio positioned across both domestic and international growth markets.