Omni Industries is reporting a 34 per cent increase in net profit to $170 million last year.
This was achieved on revenues of $2.19 billions, up 14 per cent from $1.92 billion dollars in 2024, when the company recorded net profit of $127 million.
Managing Director Patrick Kumst says the net profit came after gross profits of $891 million, slightly up from $872 million the previous year.
He says the improvement was driven by higher production levels and better control of fixed manufacturing costs.
Mr. Kumst adds that continued investment in plant and equipment, including several new injection moulding machines, helped to improve production precision.
He says these upgrades allowed the company to expand into new regional markets, including Dominica, St. Lucia, Barbados and Guyana.
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