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Lasco Manufacturing reports 14% increase in 2023/24 net profit

Lasco Manufacturing made a 14 per cent increase in net profit for its financial year, ended March 2024.
 
The company's total comprehensive income came in at J$2.38 billion, up from $2.08 billion in the 2022/2023 financial year.
 
Lasco Manufacturing says this was mainly due to increased manufacturing and distribution of soy based products, juice drinks, water and packaging of milk based products.
 
The company's revenues totalled just over J$12 billion - an increase of about J$808 million or 6.7 per cent.
 
Revenues for 2022/2023 amounted to $11.2 billion.
 


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