PURITY reports a 76% decline in net profits for the first quarter of 2017
2017-06-10T17:06:54-05:00For the first quarter of the 2017 financial year, Consolidated Bakeries (Jamaica) Limited (PURITY) recorded a Total Revenue of $227.91 million (2016: $260.56 million), representing a 13% decline. Cost of Sales for the quarter amounted to $145.52 million, down 11% relative to $164.20 million booked at the end of quarter one 2016. As such, Gross