By the close of the financial year, manufacturer Wisynco increased its gross profit to J$18.4 billion, while earnings per share grew by 5.3% for the financial year ending June 30.
Wisynco achieved revenues of J$54.3 billion, reflecting an 11.4% growth, despite facing global and local economic pressures.
The company said its continued focus on innovation led to the commissioning of two new production lines, significantly enhancing its ability to meet demand across all product categories in the latter part of its financial year.
Wisynco said it is investing $9 billion in capital projects aimed at boosting production capacity.
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