SEP netted 27.58% increase in first quarter profit
May 16, 2018 Revenue totalled $4.95 billion compared to the $4.25 billion recorded for the same period of the prior financial year; this represents a 16.47% increase year over year. Cost of Sales increased by 8.81% from $3.19 billion to $3.47 billion resulting in Gross Profits increasing by 39.57% to close at $1.48billion (2017: $1.06 billion). Finance and Other Operating Income totalled $126.36 million relative to $182.77 million in 2017, a 30.86% decrease year over year. Selling expenses decreased by 19.09% to close the first quarter of 2018 at $155.03million (2017: $191.61 million). Administrative Expenses for the period climbed by
CFF increased net profit by 6% for nine month ended March 2018
May 16, 2018 For the nine months ended March 31, 2018, Caribbean Flavours & Fragrances Limited’s (CFF) revenue increased by 1% to $302.98 million relative to $300.67 million for the comparable period in 2017. For the quarter, the Company generated gross revenue of $88.72 million, a marginal increase year over year. Cost of sales also increased for the period to $184.38 million. This compares to the prior year’s figure of $181.71 million, representing an increase of 1%. Gross profit decreased slightly to $118.60 million for the period in review and compares to the prior year’s amount of $118.97 million. The company
Trade In Shares: Seprod Limited (SEP)
Date: May 16, 2018 Seprod Limited (SEP) has advised that an Officer purchased 4,000 SEP shares on May 7, 2018.