Seprod profit rises 16%, group trims debt

Seprod Limited reported net profit of $688 million for the second quarter ended June 30, 2026, a 16 per cent increase over the year-earlier levels, as disciplined expense management compensated for a three per cent decline in revenue caused by lingering disruptions to Jamaica’s tourism sector from Hurricane Melissa. The board said the revenue shortfall “primarily reflected lower demand from the Jamaica tourism sector, as several hotels continued to experience reduced room availability or delayed reopening following the passage of Hurricane Melissa”.

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