Caribbean Cream Limited (KREMI) for the six months ended August 31, 2023 reported a 1% decline in Revenue totaling $1.25 billion compared to $1.26 billion in the corresponding period last year. Revenue for the second quarter recorded a slight increase to close at $646.26 million compared to $645.40 million for the comparable quarter of 2022. According to management, “Sales were hampered by production disruptions due to the ammonia shortage in the previous quarter.”

Kremi earnings chilled by ammonia shortage

Production disruptions restrict Caribbean Cream’s Q2 performance

Kremi ekes out small profit