Business
JAM | Feb 16, 2023

Wisynco Executive Chairman William Mahfood explains a good FY22 performance

Al Edwards

Al Edwards / Our Today

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Leading manufacturer and distributor, the Wisynco Group, reported an impressive performance for FY22 at its Annual general meeting held today (February 16) at the AC Marriott Hotel in St Andrew.

Wisynco reported revenues of close to J$40 billion and a net profit of $4 billion with earning per share of J$1.08. Remarkable given the ravages of COVID, the tourism sector not getting back to full capacity and the impact of the war in Ukraine on supply chain and freight operations.

William Mahfood, executive chairman of Wisynco.

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