Delayed But not Denied: Several Companies Announce Delays with Audited Financials.
- Between March 25 and March 30, 2026, several companies listed on the Jamaica Stock Exchange (JSE) disclosed delays in publishing their December 2025 audited financial statements. December Audited financials are due by March 30th, but their revised deadlines range from April 15 to May 15, 2026.
- Hurricane Melissa caused delays for related entities Caribbean Producers (Jamaica) Limited (CPJ), A.S. Bryden & Sons Holdings Limited (ASBH), and Seprod Limited (SEP). The delays originated at CPJ, where additional time was needed to complete its audit following the hurricane. With ASBH controlling (>75%) stake in CPJ and Seprod having a roughly 80% ownership of ASBH, completion of their audits relies on the completion of CPJ’s.
- Other companies like Stanley Motta Limited (SML), Productive Business Solutions Limited (PBS), and FosRich Company Limited (FOSRICH) also announced delays. The companies cited that audit finalisation is ongoing. Similarly, Spur Tree Spices Jamaica Limited (SPURTREE) reported a delay in its ongoing audit finalisation processes, noting that additional time was needed for external auditors to complete their work.
- While the financial audits were delayed, management has communicated revised dates for submission, meaning shareholders will not be denied. Management at CPJ, ASBH and Sepord communicated that all its audits should be complete before May 15, 2026. SML, PBS and Fosrich have tighter schedules with audited financial statements now expected on or before April 30, 2026. Lastly, SPURTREE’s management indicated its audited financials are expected on or before April 15, 2026.
(Sources: JSE & NCBCM Research)
