REVENUES UP J$2.84 BILLION OVER PRIOR YEAR; PRE-TAX PROFITS INCREASE BY 20.6% GraceKennedy (GK) has released its unaudited financial results for the three-months ended March 31, 2023. For the period, GK achieved revenues of J$39.09 billion, representing an increase of 7.8% or J$2.84 billion over the first quarter of 2022.

Applications are now open for the 2023 GraceKennedy Foundation (GKF) scholarships. This year, over J$25 million in scholarships will be awarded by GKF to Jamaican students attending the University of the West Indies, the University of Technology and the Edna Manley College of the Visual and Performing Arts in the 2023/24 academic year.

GK ONE, the new mobile app from GraceKennedy, has received over J$290 million in Western Union remittances since its launch in November 2022. The GK ONE app boasts several features, including a digital wallet, and a free companion pre-paid card which can be used anywhere Visa is accepted locally, online, or abroad.

GraceKennedy (GK) Foods has made a sizeable donation of products to the Jamaica Fire Brigade (JFB) to say thanks for their valiant firefighting efforts this year. The products were presented to a JFB team, led by Commissioner Stewart Beckford, at GK’s headquarters in downtown Kingston on Monday, March 27.

GraceKennedy (GK) Group CEO Don Wehby has been announced as the first patron of the GK Campus Connect Food Bank. The announcement was made at a special event at the University of Technology’s Faculty of Hospitality and Tourism Management, yesterday. In his new capacity, Wehby will play an active role in encouraging individuals and organisations …

Company to be rebranded GK Life GraceKennedy (GK) has completed its acquisition of Scotia Insurance Caribbean Limited (SICL) and has announced that the company is to be rebranded as GK Life.

GraceKennedy has noted images and videos circulating in traditional media and online, depicting a young male athlete making a violent hand gesture upon winning a race at the 2023 Inter-Secondary Schools Sports Association (ISSA)/GraceKennedy Boys and Girls Championships, currently being held at the National Stadium.

On Thursday, March 9, the GraceKennedy Foundation (GKF) hosted the family of the late Luis Fred Kennedy and other members of the GraceKennedy (GK) family at the Kingston launch of Firstborn: The Life of Luis Fred Kennedy, a new book by his son, Dr Fred W. Kennedy.

Special award to be given to a teacher and coach from the winning schools GraceKennedy (GK), title sponsor of the Inter-Secondary Schools Sports Association (ISSA) Boys and Girls Athletic Championships (Champs), has announced that its investment in the annual junior track and field meet will exceed J$170 million this year. In addition to the J$82 …

GK Capital Management and Trinidad & Tobago Unit Trust Corporation partner to offer three new funds for Jamaican Investors The AC Hotel in Kingston was abuzz with the spirit of Caribbean partnership on Monday, March 6, as GK Capital Management, the investment and advisory arm of GraceKennedy Limited (GK), and the Trinidad & Tobago Unit …

Don Wehby, Group Chief Executive Officer, GraceKennedy Limited invites you to a virtual investor briefing to discuss the 2022 annual financial results of the GraceKennedy Group on Monday, March 13, 2023. The briefing will be hosted online via Zoom at 2:00 pm (Eastern Standard Time) (-5 Greenwich Mean Time (GMT)).

Share buy-back approved by the Company’s Board of Directors GraceKennedy (GK) has released its annual financial results for the year ended December 31, 2022. During the period GK recorded strong top-line growth, realising revenue of J$142.9 billion, an increase of 10.5% or J$13.6 billion over the corresponding period in 2021.

The GraceKennedy Foundation (GKF) is pleased to announce the appointment of Professor Lila Rao-Graham of the Mona School of Business and Management, as the new holder of the GraceKennedy S. Carlton Alexander Chair in Management Studies at the University of the West Indies (UWI), Mona.

GraceKennedy signs two-year sponsorship agreement with track club in support of sports development in Jamaica GraceKennedy (GK) has announced that it has signed a two-year sponsorship agreement with the Elite Performance Track Club, making its 876 Spring Water brand the official hydration partner of the Jamaican track club.

On the anniversary of its 101st year in business, GraceKennedy (GK) Limited has announced that it has come to an agreement with Spike Industries Limited to increase its stake in Catherine’s Peak Bottling Company Limited, owner of the Catherine’s Peak pure spring water brand, from 35% to 70%.

GraceKennedy’s Foods Division has broken ground for a new solar power system at its Grace Food Processors (GFP) Meats manufacturing facility in Savanna-la-mar, Westmoreland. Two liquefied natural gas (LNG) engines will also be installed as part of the project.

GraceKennedy (GK) has confirmed that Jamaica is not impacted by the recall of a batch of its Grace Chicken Vienna Sausages announced by Conagra Brands Inc. in the Northeast US market. Grace’s vienna sausages which are distributed in Jamaica, are manufactured in Jamaica.

Over 200 Jamaican university students turned out last Thursday, January 26, 2023, for the inaugural Making the A Grade Health and Wellness Seminar, hosted by the GraceKennedy Foundation (GKF) at the University of the West Indies (UWI) Mona Campus.

GraceKennedy has engaged Nasdaq to support the development of its Environmental, Social and Governance (ESG) programme.

Hi-Lo Food Stores has officially opened its new state-of-the-art supermarket at the Boardwalk Shopping Village on Norman Manley Boulevard in Negril. The newest Hi-Lo store replaces the supermarket chain’s previous location on Negril’s West End and represents a J$400 million investment in the town.