Lasco Manufacturing says it made a higher profit of $701.68 million in its first quarter ended June 2024.
In the comparative period ended June 2023, the company says it made $525.92 million.
This was linked higher operating income and lower finance costs.
Lasco Manufacturing says it also recorded higher revenue of $3.25 billion.
This is a $415.67 million increase to the $2.83 billion made in revenue in the three-month period ended June 2023.
This was mainly due to growth across the company's various categories.
Further growth was however slowed, as supply chain challenges linked to geo-political tensions in Ukraine persisted.
A drought caused by climate change also impacted its shipping route via the Panama Canal.
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