PURITY reports first quarter net profit of $20.05 million
Shaneille Anderson2023-05-15T16:38:02-05:00May 15, 2023 Consolidated Bakeries (Jamaica) Limited (PURITY), for the three months ended March 31, 2023 recorded a $79.90 million increase in revenue from $378.08 million in 2022 to $457.99 million in Q1 of FY23. Cost of sales grew accordingly, rising by 22% to $285.52 million (2022: $233.71 million) Consequently, PURITY’s first quarter Gross Profit