Businessuite Jamaica Power 50:  #1 Jamaica Main Market Company GraceKennedy Limited – US Revenue

Businessuite Jamaica Power 50: #1 Jamaica Main Market Company GraceKennedy Limited – US Revenue

GraceKennedy Limited

Ranked #3 – Businessuite Caribbean Power 100
Ranked #1 – Power 50 Jamaica

Ranked #1 – Power 50 Jamaica Main Market

Prof. Gordon Shirley, OJ Chairman

Don G. Wehby, OJ Group Chief Executive Officer

GraceKennedy Limited is one of the Caribbean’s most established and diversified corporate groups, with operations spanning food manufacturing and distribution, financial services, and international retail and remittance markets. Founded in 1922, the company is publicly listed on the Jamaica Stock Exchange and the Trinidad and Tobago Stock Exchange, and serves as the parent of the GraceKennedy Group, whose footprint extends across the Caribbean, North America, the United Kingdom, and Europe

The Group operates through two core divisions: GK Foods and GK Financial Group. GK Foods is engaged in manufacturing, distribution, and retail, producing Grace and Grace-owned brands in Jamaica and the UK, while distributing both proprietary and international brands across Jamaica, the wider Caribbean, and key diaspora markets. In Jamaica, the Group also maintains a direct retail presence through its supermarket operations. GK Financial Group delivers a broad suite of services across Banking & Investments, Insurance, and Money Services, serving individuals and businesses throughout the Caribbean and its diaspora markets

In 2024, GraceKennedy recorded record revenue of $167.0 billion, supported by growth across its Food, Banking & Investments, and Insurance segments, while navigating moderating global inflation, supply-chain pressures, and a slowdown in remittances. The Group’s asset base expanded to $236.6 billion, underpinned by growth in investments, loan receivables, and strategic real estate holdings, reflecting disciplined capital allocation and balance sheet management

Governance and long-term value creation remain central to GraceKennedy’s operating model. The Group maintains a strong capital position, consistent shareholder distributions, and a structured approach to portfolio optimisation, supported by prudent risk management and ESG-aligned decision-making. Guided by a long-term strategic framework anchored in growth, operational efficiency, innovation, and organisational performance, GraceKennedy continues to play a defining role in regional commerce while reinforcing its position as one of the Caribbean’s most resilient and institutionally credible enterprises