138 Student Living Jamaica sees improved financial performance

Listed company 138 Student Living Jamaica has seen an improvement in its financial performance.

For the twelve months ended September 30 the company and its subsidiary 138SL Restoration achieved revenue of slightly more than J$1 billion.

That was an increase of $J217 million or 26 per cent over the corresponding period in 2018.

The company realised J11.8 million net profit versus a loss of $16.2 million during the corresponding period last year.