GraceKennedy Limited exceeded the US$1 billion mark for its financial year ended December 31, 2023.
GraceKennedy says achievement of the significant milestone demonstrates progress towards its 2030 vision of becoming a US$2.1 billion company.
In 2023, GK achieved revenue of $155 billion, a 9.5 per cent increase compared with 2022.
Profits also saw improvement, with profit before other income increasing by $1.1 billion to $7.5 billion, representing a 17.9 per cent increase.
Profit before tax was $11.4 billion, up 11.0 per cent, and profit after tax totalled $8.4 billion, marking a 10 per cent increase.
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