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Carreras earnings jump

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CARRERAS’ net profit jumped 83 per cent during the last quarter of 2013.

The cigarette company’s bottom line increased from $1.2 billion during the three months to December 31, 2012, to $2.2 billion during the quarter under review.

Revenue fell from $3.74 billion to $3.66 billion over the periods, but gross profit climbed from $1.7 billion to $1.75 billion.

Published in the Jamaica Observer
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