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Caribbean Market Update

Carreras Limited Q1 Profit Surges 21% After Revenues Climbs 20%

Author: Mukesh Buch
Islandjournal.net
Last Update: 1:53 AM ET August 12 2014


Carreras Limited, the Jamaica-based tobacco maker reported revenue in the first-quarter ending June climbed 20% to J$2.59 billion from J$2.15 billion in the same quarter last year.

Net income in the quarter soared 21% from a year ago to J$588.9 million or J$1.21 a share compared to J$593.5 million or $1 a share.


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