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.”
https://www.mayberryinv.com/kremi-reports-21-increase-in-six-months-net-profit/
Kremi earnings chilled by ammonia shortage
https://jamaica-gleaner.com/article/business/20231018/kremi-earnings-chilled-ammonia-shortage
Production disruptions restrict Caribbean Cream’s Q2 performance
https://our.today/production-disruptions-restrict-caribbean-creams-q2-performance/
Kremi ekes out small profit