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Mayberry Research 2021-10-05T03:32:45-05:00

SALF reports 219% increase in year end net profit

November 27, 2018 Salada Foods Jamaica Limited (SALF), for the year ended September  30, 2018: recorded a 19% increase in turnover to close at $1.04 billion (2017: $871.73 million). For the fourth quarter revenue amounted to $292.79 million (2017: $258.94 million), a 13% rise. SALF also noted that, “domestic sales continue to perform well, growing by 16.7% above prior year as we deepen our penetration in existing channels and access new ones. Sales to the trade through our distribution partner Lasco was $655M, 13% above prior year. Export sales also did well, as both the Canadian and Barbadian market performed, growing