Local paint manufacturer, Berger Paints Jamaica, is reporting a loss of $5.4 million for its second quarter ended June 2024.
This reflects an improvement compared to the $87.48 million loss registered at the end of June 2023.
Berger faced higher manufacturing expenses for the period.
Despite the quarter's performance, the company made a profit of $42.89 million at the mid-year point, compared with the $122.88 million loss for the period.
As for revenue, Berger says that amounted to $791 million, up from $743.77 million for the similar quarter last year.
Berger Paints says it will be launching new and innovative products to help boost its performance for the second half of the year.
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