Distribution

Massy ramps things up before the year end with another take over

Massy holdings has made another acquisition within weeks of a prior purchase of the Trinidad & Tobago business operations of French company Air Liquide International S.A. This deal allows Massy to purchase 100 percent of the share capital of...

Seprod’s net profit surge against the backdrop of strategic acquisition

Seprod Group's net profit increased by 113 percent to J$1.05 billion. Revenues for the quarter increased by 109 percent to J$23.64 billion. The year-to-date performance sees net profit for the nine-month period at J$2.63 billion which is a 55 percent...

CPJ saw a 32 percent jump in revenue

Caribbean Producers Jamaica (CPJ) has seen a 32 percent jump in revenue which comes in at US$33.06 million contrasted with US$25.02 million for a similar period last year. Simultaneously, the cost of working income rose by 35% to US$22.83 million...

Wisynco had a record-breaking quarter for revenue

Wisynco, a major distribution company in the Jamaica and Caribbean region recorded its most successful quarter yet in terms of revenue numbers. For the quarter ending September 30, 2022, revenues came in at $11.9 billion, this is a 29.8 percent...

Mailpac looks to expand despite post-pandemic challenges

Courier company Mailpac Group Limited (MAILPAC) will be ramping up investments and introducing a new stream of services over the upcoming year. This comes off the backdrop of a slight decline in revenue. This was and still is largely...

Cari-Med has eyes set on a possible upcoming IPO

Leading pharmaceutical distributor Cari-Med has been in the early stages of possibly bringing the company public on the Jamaica Stock Exchange (JSE). One of the major reasons so far has already been hinted at by Chairman Glen Christian and it...

AS Bryden & Sons is set to go public this year

Seprod Group's recent subsidiary, AS Bryden & Sons, is set to go public later this year on the Jamaica Stock Exchange (JSE) leaving Seprod Group (SEP) to benefit greatly from such a development. Seprod acquired a majority stake in...

7Krave expands into providing mart services

7Krave is expanding its operation into mart services, allowing customers to buy groceries and other essentials through 7KraveMart. "7Krave users in Kingston with the mobile app installed can access the mart section of the app and order groceries, market produce,...

Wisynco saw a 32 percent boost in profits over previous year

Manufacturing and distribution giant, Wisynco Group Limited (WISYNCO) is currently swimming in a surplus of cash due to a boost in demand and increased business activity. The company saw an increase in revenue which amounts to approximately $4...

Rainforest Seafoods: Premium Quality Seafood

Rainforest Seafoods is the Caribbean's largest supplier of premium quality seafood. The company has two large processing and distribution centers in Jamaica's two major cities, Kingston and Montego Bay. The company is headquartered in Kingston with operations in St....
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Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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