July 14, 2014 1:06 AM ET

Food Products

Company Overview of Salada Foods Jamaica Limited

Company Overview

Salada Foods Jamaica Limited is engaged in the coffee processing business in Jamaica. The company manufactures and sells instant coffee, and roasted and ground coffee beans; cocoa and tea products; and other products. It also offers a range of other beverages, drink mixes, and dessert products, as well as seasoning and ketchup, baked beans, fruit punch, pine cherry, carrot juice, and cane vinegar under the Salada and Roberts brand names. The company also exports markets its products through a network of distributors in the Caribbean, North America, and Europe. Salada Foods Jamaica Limited was founded in 1958 and is based in Kingston, Jamaica.

20 Bell Road

PO Box 71

Kingston,  11

Jamaica

Founded in 1958

Phone:

876-923-7114

Fax:

876-923-5336

Key Executives for Salada Foods Jamaica Limited

Salada Foods Jamaica Limited does not have any Key Executives recorded.

Salada Foods Jamaica Limited Key Developments

Salada Foods Jamaica Ltd. Announces Executive Changes

Salada Foods Jamaica Ltd. announced that the resignation of Mr. Julian Rodney, that Mrs. Keshia Nelson-Brown will be acting as Managing Director until a replacement is found.

Salada Foods Jamaica Limited Announces Resignation of Julian Rodney as Managing Director with Effect on May 20, 2014

Salada Foods Jamaica Limited announced that Mr. Julian Rodney has resigned from his post as Managing Director of the company with effect on May 20, 2014.

Salada Foods Jamaica Limited Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended March 31, 2014

Salada Foods Jamaica Limited reported unaudited consolidated earnings results for the second quarter and six months ended March 31, 2014. For the quarter, the company reported turnover of JMD 124,199,000 compared to JMD 140,673,000 for the same period a year ago. Results from operating activities were JMD 11,767,000 compared to JMD 42,141,000 a year ago. Profit before tax was JMD 13,061,000 compared to JMD 46,095,000 a year ago. Profit attributable to stockholders of the company was JMD 10,206,000 compared to JMD 30,195,000 a year ago. Earnings per stock unit was JMD 0.10 compared to JMD 0.29 a year ago. Profit after tax was JMD 9.0 million compared to JMD 29.3 million a year ago. For the six months, the company reported turnover of JMD 251,622,000 compared to JMD 293,551,000 for the same period a year ago. Results from operating activities were JMD 36,059,000 compared to JMD 72,987,000 a year ago. Profit before tax was JMD 40,085,000 compared to JMD 81,265,000 a year ago. Profit attributable to stockholders of the company was JMD 30,172,000 compared to JMD 56,573,000 a year ago. Earnings per stock unit was JMD 0.29 compared to JMD 0.54 a year ago. Net cash used in operating activities of JMD 75,738,000 compared to net cash from operating activities of JMD 57,778,000 a year ago. Profit after tax was JMD 28.1 million compared to JMD 55.0 million a year ago.

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