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Lasco Manufacturing doubles quarterly profits

Icool

LASCO Manufacturing Ltd (LASM) nearly doubled its September 2015 quarterly profits amid announcing plans to launch a new round of products at its expanded facility.

It’s the last of the three affiliated Lasco companies to release September quarterly results.

LASM earned some $250-million net profit for the three-month period ending September 2015, or 97 per cent higher than the $126.9 million earned a year earlier, based on Jamaica Observer calculations of just released results.

Published in the Observer
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