Tax losses for Radio Jamaica in second quarter

Radio Jamaica suffered after tax losses of  $63 million for the second quarter ending September 30.

The Company attributes the loss to direct expenses which went up by $150 million .

This was a result of  financial obligations linked to the rights and technical fees associated with the 2018 FIFA World Cup project.

Nevertheless, the Group recorded a $97 million increase in revenues for the quarter.

This was due to the staging of  a part of  the finals of  the FIFA World Cup Competition.