Caribbean Producers Ltd Reports Net Loss Despite Strong Q2 Revenues

  • For the six-month period ending December 31, 2018, Caribbean Producers Limited (CPJ) reported an unaudited net loss of $US1.1Mn (EPS: $0.11), representing a 30% decline relative to the US$1.6Mn profit (EPS: $0.10) reported one year prior.

 

  • Notably, revenues declined marginally over the period. However, the company delivered a strong recovery of US$484k in revenue during the month of December.

 

  • CPJ’s stock price is down approximately 3.5% since the start of the calendar year. The stock currently trades at a price to book ratio of 1.77x which is below the Junior Market Distribution average of 3.68x.

 

(Source: Caribbean Producers Limited Financials)