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Berger Increases Sales Despite Soft Paint Market

BergerHeadOffice

Berger Paints Jamaica Limited has reported a six per cent increase in paint sales for the nine months ending December 31, 2014, despite what it described as a soft paint market coming out of the Christmas period.

The company also posted increased net profit of $71.488 million or two per cent above the $63.838 million for the comparative period, an improvement bolstered by savings realised in operating expenses through ongoing process improvement, cost containment and the reduced corporate tax rate, Berger general manager Mustafa Turra told Wednesday Business.

Published in the Gleaner
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