At year end June 2016, Caribbean Flavours and Fragrances (CFF) Ltd reported earnings of 82 cents per share compared to the 64 cents per share reported in 2015.
Net profit of $74.1 million was $16.4 million more or a 28.42 per cent increase over the $57.7 million reported in 2015. CFF makes flavours for the food, beverage, baking, confectionery and pharmaceutical industries, as well as water-soluble food colouring. It also manufactures and supplies fragrances for household cleaning, cosmetics, deodorants, soaps, haircare and bath products.
The company posted revenue during the year of $362.5 million which was $55.7 million or 18.16 per cent more than the $306.8 million reported for the 2015 financial year.