Good Play Boys! CPJ Makes Impressive 2nd Half Comeback.

At half-time things were hardly settled for the team over at the Caribbean Producers Jamaica Ltd (CPJ), having suffered fall-off in profits for the first three months of their financial year.

by Vectorportal

Not to be outdone, the team came back fighting and has reported a phenomenal performance for the last six months of the year (ended December 2011).

Despite the first quarter losses, CPJ’s net profits increased by a magnificent 63 per cent to almost US$832 thousand, from US$510 thousand during the same period in 2010.

CPJ also announced plans to build a J$80 million, 7,800 square feet two-storey retail shopping and dining complex from which they project earnings of J$300 million annually.