Caribbean Cream has reported a net loss of nearly $145 million and a sharp drop in revenue for the nine months ended November 30, 2025, as operations were disrupted by Hurricane Melissa and ongoing equipment maintenance.
In unaudited results released to shareholders, the company says revenue for the nine-month period fell to $578.9 million, down from $686.3 million in the corresponding period last year.
The ice-cream manufacturer says the third quarter was particularly challenging, as it shut down operations for a full week before and after the passage of Hurricane Melissa to ensure the safety of its employees. Sales were further affected by severe damage to its Montego Bay depot, which remained closed throughout November.
Caribbean Cream says sales have since been recovering, with the Montego Bay depot reopening to the public on December 5 and activity gradually returning to pre-hurricane levels.
Management says steps are now being taken to restore the company to profitability.
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