Search
Close this search box.

Jamaican Teas Limited (JAMT) Unaudited Financial Statements for the Third Quarter Ended June 30, 2020 (Revised)

Jts Q3 2020-Revised 11 Sept 2020

JAMT Top Ten Shareholders as at June 30, 2020

JAMT Directors Holding as at June 30, 2020

Revision: QWI has advised that in the first two quarters of this year QWI Investments classified its unrealised foreign currency translation differences  to Administration expenses.

In the third quarter QWI amended this treatment to include these differences as part of the company’s  investment gains.

As a result of this change in accounting classification QWI has restated its first two quarterly reports to ensure proper comparability with the third and subsequent quarters. 

The restatements of QWI’s results to account for this reclassification of QWI’s exchange differences affected the consolidated results of Jamaican Teas as well and as a result the results for Ja Teas for quarters 1,2 and 3 were restated.