Caribbean Producers Jamaica Limited (CPJ) made a near-250 percent turnaround in the first quarter ending September, having turned a US$315,650 loss into a profit of US$463,346. CEO David Lowe, who was handed the helm of the company 18 months ago, sees the results as a vindication of the ongoing restructuring programme that he has [...]
A one-day lockdown of Caribbean Producers Jamaica's (CPJ) facilities near the end of October was for a systems upgrade. The distribution and manufacturing company, based in Montego Bay, is adding a new technology platform to improve its supply chain and logistics management functions. Chief Executive Officer David Lowe said that the current upgrade was [...]
Although nine-month earnings were down some four cents on the year before — moving from US$0.21 per share to US$0.17, directors of Caribbean Producers Jamaica Ltd (CPJ) indicate that the company is now reaping the results of a restructuring programme which began in the first quarter and will continue beyond the current fiscal year.In [...]
Sales at Caribbean Producers Jamaica Limited ticked up in the past year, but profits went south in line with a warning from the company two months ago that 'unregulated players in the market' would weigh on its bottom line. Still, CPJ chairman Mark Hart acknowledged that the company was disappointed by its performance, considering [...]
Caribbean Producers Jamaica executives Mark Hart (back row, left) and Dr. David Lowe (right) with the high school and tertiary scholarship recipients at the presentation exercise, held last Friday at the company’s Montego Freeport offices. (Photo: Philp Lemonte) MONTEGO BAY, St James — CARIBBEAN Producers Jamaica (CPJ) last week awarded $2 million in scholarships to [...]
Share price in Caribbean Producers Limited (CPJ), which closed at $4 per unit yesterday, reflected a seven per cent decline after the company made a preliminary disclosure on the likely impairment to net profit for the financial year ended June 30, 2016. The pending occurrence — the company said by way of notice made to [...]
