Consolidated Bakeries (Jamaica) Ltd 2022 AR2

The report highlights Consolidated Bakeries (Jamaica) Limited's performance and strategic initiatives for the fiscal year 2022. The company achieved a 26.5% increase in revenue to $1.366 billion, driven by distribution expansion and grab-and-go snack development, resulting in a total comprehensive income of $14.67 million. Key developments included rebranding, reorganizing, and restructuring efforts, alongside a $60 million investment in new plant equipment to boost production capabilities. Additionally, the company continued its corporate social responsibility initiatives, including the Miss Birdie/Purity Scholarship and community support programs.

Company: Consolidated Bakeries (Jamaica) Ltd

Sector: Consumer Staples

Country: Jamaica

Year: 2022

Type: AR2

Pages: 76

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Consolidated Bakeries (Jamaica) Ltd

Consolidated Bakeries (Jamaica) Ltd 2022 Annual Report

Annual Report

The report highlights Consolidated Bakeries (Jamaica) Limited's performance and strategic initiatives for the fiscal year 2022. The company achieved a 26.5% increase in revenue to $1.366 billion, driven by distribution expansion and grab-and-go snack development, resulting in a total comprehensive income of $14.67 million. Key developments included rebranding, reorganizing, and restructuring efforts, alongside a $60 million investment in new plant equipment to boost production capabilities. Additionally, the company continued its corporate social responsibility initiatives, including the Miss Birdie/Purity Scholarship and community support programs.

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Document Details

Report Year

2022

Reporting Period

Jan 1, 2022 - Dec 31, 2022

Fiscal Year

2022

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

No data available