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Jamaican Teas Limited (JAMT) Unaudited Results for the Period Ended March 31, 2020 (Revised)

Jts Q2 2020 – Restated on 11 Sept 2020

JAMT – Top 10 Shareholders as at March 31, 2020

JAMT – Directors Report as at March 31, 2020

JAMT – Senior Managers’ as at March 31, 2020

Revision (May 2020): The Statement of Cash Flows for the second quarter of 2019/20 was revised to provide additional information concerning  the company’s investing activities in the period.

Revision (September 2020): 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.