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Jamaican Teas Limited 2nd Quarter Results – March 2016 (Revised)

Jamaican Teas Limited Second Quarter Report March 31, 2016

The unaudited financial statements of Jamaican Teas Limited for the quarter ended March 31, 2016 has been revised and the changes are as follows:

a)      Page 8 – changed “Decrease” to “Increase” in cash and cash equivalents – 6th line from the top

b)      Page 2 – last sentence – replaced “struggle with weak sales and operating losses” to “be challenging in terms of sales and net profit and loss position”

c) the total revenues for segments in March 2016 and the comparative period did not agree to the total revenues reported in the Statement of Comprehensive Income. The necessary  adjustments were made.