Seeing the success of a recent business model tweak, used car dealer Jetcon Corporation is seeing ‘fair skies’, the latest business to telegraph optimism in business growth this year.

Its next frontier is the electric vehicle market, Managing Director Andrew Jackson told the Financial Gleaner following the company’s annual general meeting on Tuesday.

The bright outlook on business came earlier from Jetcon Chairman John Jackson, who reported at the meeting that 2021 revenues are likely to have risen 39 per cent, “ending up at about $870 million,” and that the company should close the year “with a small profit”. The company’s year-end results are still pending.

The preliminary numbers still lag the company’s peak year, 2017, with revenues of $1.18 billion and net profit of almost $154 million. Jetcon posted a loss of $6.7 million at the end of 2020.

https://jamaica-gleaner.com/article/business/20220211/jetcon-car-dealer-back-track-and-going-electric