August 31, 2014 8:01 AM ET

Food Products

Company Overview of LASCO Manufacturing Limited

Company Overview

Lasco Manufacturing Limited manufactures, packages, and distributes soy based products; and packages milk based products primarily in Jamaica. It offers a range of soy beverages, cereals, canned foods, general groceries, condiments and spices, canned fish and meats, beverages, household, baby and personal care, pharmaceuticals, and veterinary products. The company also provides financial and remittance services comprising foreign exchange services, money transfers, courier services, bill payments, and loans. It also exports its products to approximately 14 countries, including CARICOM territories, Bahamas, the Cayman Islands, Canada, the U.K., the U.S., Panama, British Virgin Islands, and U....

27 Red Hills Road

Kingston,  10

Jamaica

Founded in 1994

42 Employees

Phone:

876-968-3456

Fax:

876-929-7622

Key Executives for LASCO Manufacturing Limited

Managing Director and Executive Director
Chief Legal Officer
Human Resource Manager
Non-Executive Director and Managing Director of Lasco Distributors Limited
Compensation as of Fiscal Year 2014.

LASCO Manufacturing Limited Key Developments

LASCO Manufacturing Limited Reports Unaudited Earnings Results for the First Quarter Ended June 30, 2014

LASCO Manufacturing Limited reported unaudited earnings results for the first quarter ended June 30, 2014. For the quarter, revenue was JMD 1,077,581,000 against JMD 842,742,000 a year ago. Profit from operations was JMD 173,063,000 against JMD 139,198,000 a year ago. Profit before taxation was JMD 141,235,000 against JMD 138,751,000 a year ago. Earnings per stock unit during the period were JMD 0.03 against JMD 0.03 a year ago. Cash provided by operating activities was JMD 41,771 against JMD 95,365 a year ago.

Lasco Manufacturing Limited Announces Audited Earnings Results for the Year Ended March 31, 2014

LASCO Manufacturing Limited announced audited earnings results for the year ended March 31, 2014. For the period, the company reported revenue of JMD 4,023,673,000 compared to JMD 3,659,094,000 for the same period a year ago. Operating profit was JMD 599,020,000 compared to JMD 644,534,000 for the same period a year ago. Profit before taxation was JMD 584,450,000 compared to JMD 640,220,000 for the same period a year ago. Net profit was JMD 584,450,000 or JMD 0.14 per unit compared to JMD 640,220,000 or JMD 0.16 per unit for the same period a year ago. Cash provided by operating activities was JMD 569,637,000 compared to JMD 301,238,000 for the same period a year ago. Purchase of property, plant and equipment was JMD 1,063,784,000 compared to JMD 915,404,000 for the same period a year ago.

Lasco Manufacturing Limited Announces Unaudited Earnings Results for Third Quarter and Nine Months Ended December 31, 2013

Lasco Manufacturing Limited announced unaudited earnings results for third quarter and nine months ended December 31, 2013. For the quarter, the company reported revenue of JMD 1,007,806,000, profit from operations of JMD 151,096,000, profit before taxation of JMD 132,537,000 and total comprehensive income for the period of JMD 132,537,000 or JMD 0.03 per stock unit compared to the revenue of JMD 869,350,000, profit from operations of JMD 165,330,000, profit before taxation of JMD 158,795,000 and total comprehensive income for the period of JMD 158,795,000 or JMD 0.04 per stock unit for the same quarter a year ago. For the nine months, the company reported revenue of JMD 2,883,831,000, profit from operations of JMD 472,977,000, profit before taxation of JMD 447,698,000, total comprehensive income for the period of JMD 447,698,000 or JMD 0.11 per stock unit and cash used in operating activities of JMD 559,543,000 compared to revenue of JMD 2,662,809,000, profit from operations of JMD 485,468,000, profit before taxation of JMD 465,062,000, total comprehensive income for the period of JMD 465,062,000 or JMD 0.11 per stock unit and cash used in operating activities of JMD 467,309,000 for the same period a year ago.

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