Jts Q1 2020-Revised on 11 Sept 2020
JAMT – Top 10 Shareholders as at December 31, 2019
JAMT – Directors Report as at December 31, 2019
JAMT – Senior Managers’ as at December 31, 2019
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.
