Caribbean Flavours and Fragrances Limited (CFF) for the second quarter ending June 30, 2022 saw a revenue uptick as several large clients experienced increased demand for their products and as the Jamaican economy recovered following full reopening late last year.
The company also added new clients from Trinidad and Tobago and the Dominican Republic. Due to an increase in some raw material costs, CFF increased prices on some products in July 2022. The company added new equipment during the quarter and hired new staff members for distribution across the Caribbean.
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Flavour company spends $40m on plant modernisation
Caribbean Flavours & Fragrances Limited, CFF, has pumped some $40 million into the modernisation of its Spanish Town Road, Kingston-based factory, investments that have helped the company record its best half-year revenue performance to date.