TransJamaican Highway Limited (TJH) yesterday announced its audited financial results for the year ended December 31, 2025, reporting another year of strong financial and operational performance. This underscores the company’s statements on the resilience of its business model and the essential nature of its infrastructure.
Robust Financial Performance
TJH recorded solid year-over-year growth across all key financial metrics:
- Revenue increased by 10% to US$91.2 million
- Net profit rose by 21% to US$38 million
- EBITDA reached US$71.2 million, reflecting continued strong operating margins
- Debt Service Coverage Ratio (DSCR) improved to 3.11x, highlighting the Company’s strong financial stability
These results were achieved despite a temporary suspension of toll operations following Hurricane Melissa, reflecting the robustness of TJH’s operations.
Increased Shareholder Returns
Consistent with its commitment to delivering value, TJH announced a dividend payment of US$13 million to shareholders on record as at April 7, 2026. This represents a 30% increase compared to the US$10 million paid as dividends in April 2024.
This increase reflects:
- Strong earnings growth
- Consistent cash flow generation
- Disciplined capital management
Total dividends declared for 2025 amounted to US$20 million with payments made in both April and October, demonstrating a balanced approach to rewarding shareholders and reducing debt.
Strategic Execution and Operational Progress
TJH continued to advance its long-term growth strategy during the year in the following ways:
- Integration of Phase 1C (May Pen to Williamsfield) into its operations
- Continued growth in electronic tolling evidenced by increased T-Tag adoption
- Ongoing deleveraging, reducing total liabilities by US$12 million
- Continued investment in operational efficiency and maintenance systems
Positive Outlook
Looking ahead, TJH remains well positioned to deliver sustained growth through:
- Increasing combined traffic volumes across its network
- Expansion of more efficient digital and contactless payment solutions
- Continued operational excellence and cost discipline
The Company remains committed to creating and maintaining a resilient highway network while consistently delivering value to its shareholders.
About TransJamaican Highway Limited
TransJamaican Highway Limited is the concessionaire of TransJam Highways (formerly Highway 2000 East-West), which is a 78.4 km combined network of tolled roads with two distinct corridors known as T1 (which runs from Kingston to Williamsfield) and T2 (which runs from Kingston to Portmore).
