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Caribbean Market Update

Salada Foods Q2 Revenue and Net Plunges

Author: Mukesh Buch
Islandjournal.net
Last Update: 8:32 AM ET May 22 2014


Salada Foods Jamaica Limited, the Jamaica-based coffee maker reported sales in the second-quarter ending in March declined 11.7% to J$124.2 million from J$140.6 million in the same quarter last year. Net income in the quarter plunged 69.5% to J$8.96 million or 10 cents per share compared to J$29.38 million or 29 cents per share in the year ago earlier.


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