Jamaica Teas (JAMT) reports a 15% increase in Net Profits for 1st Quarter ended December 2016.
Jamaica Teas (JAMT)For the 3 months ended December 2016:· Jamaica Teas reported revenue for the first quarter ended December 2016 of $373.9 million, an increase of 9% compared to the $344.6 million booked for the corresponding period in 2015. According to the company, “The improvement in revenues is due to increase in completion of sales of our residential units, 11% increase in sale for our products in the local market and moderate growth in our supermarket by 4%, negatively impacted by a temporary slippage in sales to the overseas markets. Sales at the manufacturing operation were helped by the introduction
Daily Recommendation-February 10, 2017
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Caribbean Flavours & Fragrances Limited (CFF) improves net profit by 15% year to date to 42.85 million, 31% for the quarter
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