Dr David Lowe

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Dr. Lowe Takes A Bow As CPJ Profit Trends North

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 [...]

New Tech Platform For CPJ – Expansion Plans Drive Investment In Logistics

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 [...]

Big Trade In CPJ Stock Transfers One-Tenth Of The Company

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 [...]

Restructuring delivers results for Caribbean Producers

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 [...]

CPJ Streamlines Operation, Positions For Future Business

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 [...]

CPJ Bullish Despite Profit Dip

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 Will Make A Profit, Says CEO

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 [...]