Over 100 young women from various high schools engaged in a day of empowerment and inspiration at a vision board workshop last Saturday, organised by We Inspire Girls in partnership with Serge at the Hyatt Ziva in Montego Bay. Cortia Bingham.
Seprod CEO Richard Pandohie.
Food manufacturing group Seprod Limited has reported net profits of $3.17 billion, made on revenues of $38.07 billion for the year ending December 31, 2020.
Net profit reflects an increase of $1.46 billion, up 86 per cent over the year ending December 2019. Revenue climbed by $5.37 billion or 16 per cent during the year, compared to 2019.
Fourth-quarter revenues totalled $9.41 billion, an increase of $1.51 billion or 19 per cent over the corresponding period in 2019. The quarter’s net profit was $614 million, an increase of $19 million or three per cent over December quarter, 2019.
“This ended a good year that validated deliberate efforts made by the board in prior years to focus on execution, a strong innovation pipeline and diversification of our revenue pillars,” CEO Richard Pandohie and Chairman PB Scott said in notes accompanying the financial results.