Crafton Holdings, which trades as Convenience Foods Liquid Eggs, is increasing production as it secures new contracts in the hotel and banking sectors. Since starting deliveries in December 2016, Convenience Foods said it has scored supply contracts from bakery company Tortuga, Jamaica Biscuit Company, the Sandals Resorts group of hotels and Hilton Rose Hall. [...]
A large trade of Caribbean Producers Jamaica (CPJ) shares, valued at $333 million and amounting to one-tenth of the company, was executed this week, making it the second-largest trade ever recorded for the stock over two years. CPJ Chief Executive Officer Dr. David Lowe said Mayberry Investments Limited acted as the broker for the [...]
More than 50 employees of Caribbean Producers Jamaica (CPJ) received cash and prizes totaling over $3 million during the company's annual staff awards ceremony held recently at the Palmyra at Rose Hall in St James. Delivery driver David Johnson was the toast of the awardees, copping the Employee of the Year award as well [...]
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 [...]
More than 30 schools are set to compete in the highly anticipated 2017 staging of the Jamaica Independent Schools Association-Caribbean Producers Jamaica Limited (JISA-CPJ) Invitational Friendship meet to be held in Montego Bay, St James, next week. The one-day meet, which is in its fifth year, is slated to be staged at the Montego [...]
Dr. David Lowe, the general manager of Caribbean Producers Jamaica Limited (CPJ), says the company's half-year under-performance is linked to a streamlining of operations, which included the winding down of a non-core business unit. CPJ added US$626,000 more to its revenue, a 1.4 percent improvement to US$46 million at half-year December 2016, but profits [...]
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 [...]
Caribbean Producers Jamaica Limited (CPJ), a supplier of liquors and food to the hospitality sector, will still post an accounting profit this year despite impairment of its earnings, according to the company's Chief Executive Officer, Dr. David Lowe. The stock, listed on the junior stock exchange, lost nearly one-third of its value since the impairment [...]
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 [...]
