Home Tag "Salada Foods Jamaica Ltd."

Salada Foods Jamaica Reporting A 219.82% Increase In Net Profits, Buoyed By Strong Sales Performance

The Directors of Salada Foods Jamaica Limited are reporting in just released audited financial results of the Group for the financial year ended September 30, 2018, Net profits of $219.18M, representing a 219.82% increase against prior year’s results of $68.7M. Commenting on the results Chairman Patrick Williams reported that profits were buoyed by strong sales […]

Paramount Trading Revenue Continues To Reflect Growth, Net Profits However Declining

Salada Foods To Purchase 25,000 Boxes Of Cherries From Jamaican Coffee Farmers in deal Worth JA$200M

Salada Foods Jamaica Limited (SALF) has released the following advisory: “Cognizant of the challenges facing the local coffee industry and particularly the plight of local farmers in securing a market for their coffee cherries, Salada has decided to purchase 25,000 boxes of cherries from coffee farmers and process same to green beans. The cost of […]

GraceKennedy CEO Don Wehby Announces Senior Management Changes

Salada Foods Net Profit For Half Year Up 79 Percent To JA$80 Million

Salada Foods Jamaica Limited’s Interim Report, reveals net profit for the half year, up by 79 percent to JA$80 million from the JA$45 million reported last year, this as operating profit also improved by 100 percent to JA$107 million up from the JA$54 million last year. Patrick Williams, Chairman of the Board, in his notes […]

Paramount Trading Revenue Continues To Reflect Growth, Net Profits However Declining

Salada Foods Jamaica Reporting 55% Increase In PAT And 49 % Increase In EPS For 3 Months Ending December 2017

Salada Foods Jamaica is reporting a 55% increase in profit after tax and a 49 percent increase in earnings per share for the three months ending December 2017. Chairman Patrick Williams in his report to shareholders indicated that operating profit for the quarter amounted to JA$41.59 million, up 101% when compared to the $20.73 million […]

Paramount Trading Revenue Continues To Reflect Growth, Net Profits However Declining

Salada Foods Engages Younger Demographic With Jamaica Mountain Peak Flovoured Coffees

Salada Foods Jamaica is reporting a 7.62 per cent increase in operating profits for the financial year ending September 2017. Reporting in their just released audited financial report to shareholders Chairman Patrick Williams indicated that group operating profit was $80M, which compares favourable to 2016 results of $74.81M Net profits was however down slightly at […]

GraceKennedy CEO Don Wehby Announces Senior Management Changes

Salada Foods Reporting 28% Increase In Net Profit For Quarter Ended December 2016

Salada Foods is reporting a 28% increase in Net Profit for the quarter ended December 2016. According to the company’s unaudited financials which were released yesterday, Net profit was 17.29 million dollars for the period ended December 2016 compared to 13.47 million for the same period in 2015. Company Chairman Patrick Williams in his report […]

GraceKennedy CEO Don Wehby Announces Senior Management Changes

Steadfast, Prudent, Conservative And Maybe A Little Reluctant To Embracing Change – Salada Foods

Salada has been a feature of the Jamaican manufacturing landscape for more than 50 years. We have been steadfast, prudent and conservative in our approach and maybe a little reluctant to embracing change. We have been fortunate, as many organizations both locally and globally have not survived as long as we have without some form […]

Jamaica’s Pattern Of Studying, Consulting, Re-Consulting And Updating Its Studies, Have Impeded The Country’s Own Progress.

Salada Foods Growth Thrust Sits On Two Primary Pillars: Exports And The Introduction Of New Products.

Overview 2016 The Year can best be described a one of consolidation. Our focused attention on domestic sales, inventory management and relaunching the Jamaica Mountain Peak brand were the pillars on which the year’s success was grounded. The company recorded its highest sales in the last ten years. Shareholder value also improved over the previous […]

Paramount Trading Revenue Continues To Reflect Growth, Net Profits However Declining