trending Market Intelligence /marketintelligence/en/news-insights/trending/6WYHBxTXbWb5_FJ8TwcghQ2 content esgSubNav
In This List

JB Foods Q3 profit climbs 70.7% YOY

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance

Blog

Infographic: The Big Picture 2024 – Supply Chains Outlook

Blog

Infographic: The Big Picture 2024 – Energy Transition Outlook

Blog

Infographic: The Big Picture 2024 – Capital Markets Outlook


JB Foods Q3 profit climbs 70.7% YOY

JB Foods Ltd said its third-quarter normalized net income was $636,880, a gain of 70.7% from $373,130 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin climbed to 0.9% from 0.6% in the year-earlier period.

Total revenue climbed 12.1% year over year to $69.9 million from $62.4 million, and total operating expenses increased 15.3% from the prior-year period to $69.8 million from $60.5 million.

Reported net income increased 41.3% from the prior-year period to $982,000, or 0 cents per share, from $695,000, or 0 cents per share.