Kintyre Holdings (JA) Limited, a Jamaican diversified investment holding company, reported unaudited net profit of J$737.7 million at the parent level for the six months ended June 30, 2026, up sharply from J$15.5 million in the same period last year.

Income from operations and investment activities rose to J$819.7 million, compared with J$73.6 million a year earlier. Total assets climbed to J$1.79 billion from J$775.0 million, while total equity strengthened to J$1.44 billion (J$1.16 billion at the parent level), up from J$292.6 million. Total debt stood at J$122.7 million, roughly 8.5 percent of equity. Earnings per share came in at J$0.38, compared with J$0.016 for the first half of 2025.

At the group level, net profit reached J$745.3 million, with J$7.6 million attributed to non-controlling interests. The company said the gains were driven largely by acquisitions completed across its portfolio during the half-year.

“This half-year reflects a Group that is building deliberately. We are growing the asset base, keeping debt low, and putting the balance sheet to work across our operating divisions,” said Tyrone Wilson, founder, chairman, president and CEO of Kintyre Holdings.

New division builds J$254 million in assets from scratch

Much of that growth is concentrated in Affinity Ventures Group Limited, Kintyre’s manufacturing, distribution and consumer goods arm, which houses BOLD household and automotive chemicals, KULCHA Rum, PureVibes water and ice, and Affinity Automotive’s electric vehicle distribution business. The division started the year with essentially no balance sheet and built assets of more than J$254 million by June 30, funded through gains on acquisitions rather than new borrowing.

“We built the manufacturing and distribution side of this business from a standing start into a balance sheet of more than J$254 million in a single half-year, without adding meaningful debt to the Group,” said Adrian Smith, deputy CEO and CIO of Kintyre Holdings, and president and CEO of Affinity Ventures Group. The company said its divisions are now shifting from build-out to commercial scale-up.

Kintyre’s shares have been suspended from trading on the Jamaica Stock Exchange since July 1, 2026, pending completion of audited financial statements for the year ended December 31, 2025. The company said that work is substantially complete, and the board is targeting submission of the audited results and the lifting of the suspension before the end of September, which would allow shareholders to resume trading in KNTYR shares.

The unaudited results for the six months ended June 30, 2026 have been filed in accordance with Jamaica Stock Exchange disclosure requirements.