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Media press

GK ANNOUNCES NEW JOINT VENTURE WITH TTUTC

GraceKennedy (GK) has announced that the investment and advisory arm of its GraceKennedy Financial Group (GKFG), GK Capital Management Limited (GK Capital), has signed a joint venture agreement with the Trinidad and Tobago Unit Trust Corporation (TTUTC). The new venture, which remains subject to the requisite regulatory approvals, will allow GK and TTUTC to partner …

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GK Group CEO Credits 100th anniversary to Happy, Engaged Team

GK Employee Appreciation Week 2022 gets underway Happy employees make successful companies. This was the perspective shared by Group CEO of GraceKennedy (GK), Don Wehby at the Company’s Devotion with a Difference, which kicked off GK’s Employee Appreciation Week (EAW) activities on Monday. The special 100th anniversary (GK100) inter-faith edition of GK’s groupwide devotion was …

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GRACEKENNEDY DELIVERS GOOD PERFORMANCE IN FIRST QUARTER OF 2022

REVENUES UP J$4.9 BILLION OVER PRIOR YEAR; PROFITS UP J$53.9 MILLION GraceKennedy (GK) has released its unaudited financial results for the three-month period ending March 31, 2022. The Company maintained a stable performance for the first quarter of the year, achieving robust revenues of J$36.26 billion, an increase of 15.5% or J$4.86 billion over the …

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KEY INSURANCE REPORTS POSITIVE Q1 PERFORMANCE

Profit-before-tax up 197% over corresponding period of last year Key Insurance Company Limited (Key) continues to deliver strong financial results and has announced a strong 2022 first-quarter performance. In its unaudited first-quarter financial results for the three-month period ending March 31, 2022, the Company reported Profit-Before-Tax (PBT) of $3.4 million, which is a 197% increase …

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JAMAICAN UNIVERSITY STUDENTS TO BENEFIT FROM OVER J$25 MILLION IN SCHOLARSHIPS FROM THE GRACEKENNEDY FOUNDATION

GraceKennedy Foundation (GKF) has invited Jamaican students who will be studying at local universities to apply to its annual scholarship programme. The Foundation is offering over J$25 million in scholarships to students attending The University of the West Indies, the University of Technology Jamaica, the Edna Manley College of the Visual and Performing Arts and …

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GRACEKENNEDY TO HOST GK BIRTHRIGHT PROGRAMME RECIPIENTS FOLLOWING A TWO-YEAR HIATUS

Following a two-year hiatus due to the COVID-19 pandemic, the GraceKennedy (GK) Group will resume its Birthright Programme in 2022. Under the internship programme this summer GK will accommodate four university students of Jamaican descent from the USA, UK and Canada for a five-week professional and cultural immersion experience.

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STEVEN WHITTINGHAM APPOINTED DEPUTY CEO OF GKFG

CEO of the GraceKennedy (GK) Group and Chairman of the GK Financial Group (GKFG) Don Wehby has announced the appointment of Steven Whittingham as the new Deputy Chief Executive Officer of GKFG, effective April 1, 2022. In his new role Whittingham will assume a greater leadership role at GKFG in line with GK’s robust succession …

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GraceKennedy Investor Briefing – March 9, 2022

A video stream from GraceKennedy’s Investors’ Briefing held on March 9, 2022, to discuss the company’s 2021 annual financial results can be accessed below:

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Investor Briefing – March 9, 2022

Don Wehby, Group Chief Executive Officer, GraceKennedy Limited  invites you to a virtual investor briefing to discuss the 2021 annual results of the GraceKennedy Group on Wednesday, March 9, 2022. The briefing will be hosted online via Zoom at 2:30 pm (Eastern Standard Time) (-5 Greenwich Mean Time (GMT)). Streaming Details: Register in advance for this webinar: …

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GraceKennedy Continues To Deliver Outstanding Results In 2021

2021 revenues up J$13.9 billion or 12% over prior year; profit after tax up 30.4% GraceKennedy (GK) has released its annual financial results for the period ended December 31, 2021.  In a year which continued to be characterised by the COVID-19 pandemic, GK defied the odds and delivered outstanding results in 2021, building on its …

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KEY INSURANCE REPORTS SIGNIFICANT INCREASES IN PROFIT AND REVENUE

Key Insurance Company Limited (Key) continues to deliver strong financial results and has announced that it recorded its best performance in seven years in the last quarter of 2021. On Monday, the Company released its unaudited fourth quarter financial results for the period and the year ending December 31, 2021. In 2021 Key recorded profit …

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GK CAPITAL ANNOUNCES ENTRY INTO MUTUAL FUNDS MARKET

GK Capital Management Limited (GK Capital) has announced that it has received approval from the Financial Services Commission (FSC) to enter the Collective Investment Schemes (CIS) market in Jamaica. This approval will allow GK Capital to offer mutual fund products through a newly incorporated entity, GK Mutual Funds Limited (GK Mutual Funds). Commenting on the …

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GRACEKENNEDY FOUNDATION, CLEAN HARBOURS JAMAICA AND THE OCEAN CLEANUP PARTNER ON KINGSTON HARBOUR PROJECT

The GraceKennedy Foundation (GKF) has announced that it is collaborating with The Ocean Cleanup, and Clean Harbours Jamaica (CHJ) Limited to implement a pilot project to prevent waste from entering the Kingston Harbour. The pilot project between GKF, CHJ and the Dutch non-profit environmental organisation whose mission is to rid the oceans of plastic, involves …

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GK100 Launched!

GraceKennedy kicks off its 100th anniversary celebrations by gifting its staff shares The GraceKennedy Group has launched its 100th anniversary celebrations (GK100) with the announcement of a share offer for its over 2000 employees. The announcement of the offer, which is geared at broadening the share ownership of the GraceKennedy (GK) team in the Company, …

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GraceKennedy wins JSE’s Best Practices Governor General’s Award For Excellence

The GraceKennedy (GK) Group is the proud winner of the 2020 Governor General’s Award for Excellence at the Jamaica Stock Exchange (JSE) Best Practices Awards. The prestigious award honours the listed company which has consistently upheld international best practices to be declared the overall winner of the annual JSE Best Practices Awards. GK also received …

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Mona Webber Continues Critical Environmental Work With the Support of the GK Foundation

The COVID-19 pandemic has not deterred Professor Mona Webber from continuing her groundbreaking coastal rehabilitation research, which remains focused on restoring mangrove areas bordering the Kingston Harbour.

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GraceKennedy Limited Investor Briefing Video – November 22, 2021

A video stream from GraceKennedy’s Investors’ Briefing held on November 22, 2021, to discuss the company’s 2021 third quarter interim financial results can be accessed below:

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GraceKennedy Limited Investor Briefing – November 22, 2021

Senator Don Wehby, CD, Group Chief Executive Officer, GraceKennedy Limited, invites you to participate in our Investor Briefing to discuss our 2021 third quarter financial results on Monday 22nd November 2021. The briefing will take the form of an livestream from 2:30 to 3:10 p.m. Jamaica Time (-5 Greenwich Mean Time (GMT)) and can be …

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GRACEKENNEDY CONTINUES TO DELIVER A STRONG PERFORMANCE IN 2021

Year-to-date revenue up J$9.65 billion or 11.2%; net profit after tax up 26.34% The GraceKennedy (GK) Group has released its financial results for the nine months ended September 30, 2021. For the period, GK recorded revenue of J$95.78 billion, representing an 11.2% or J$9.65 billion increase over the corresponding period of 2020. Profit before other …

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Hi-Lo Enters E-Commerce With New Online Store And Mobile App

GraceKennedy’s supermarket chain, Hi-Lo Food Stores has entered the e-commerce arena with its new online grocery shopping platform – Hi-Lo Online. The new Hi-Lo mobile app is available on Google Play and IOS App Stores, and the web-based online shopping solution can be accessed via www.hilofoodstoresja.com .

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