Seprod Enters Cheese Snacks Market
Source: The Jamaica Observer Seprod Group through its biscuit-making subsidiary, International Biscuits Limited (IBL), said it will invest over $170 million to expand factory facilities as it seeks to roll out a new line of cheese snacks. Over the course of the next two years, the company said it will extend product offerings, eyeing an […]
Seprod leases new warehouse after fire, resumes operation
Source: Jamaica Gleaner Following the fire which gutted half of its warehousing space, distribution operations, Seprod Limited says its making progress on the restoration of the business that was conducted from the damaged site. The October 10 fire, the cause of which was being investigated, affected 100,000 square feet of the food distribution facilities of […]
Facey vows to rebound after billion-dollar fire guts complex
Source: Jamaica Gleaner As a raging fire swept through the Newport West warehouse and offices of Seprod on Saturday night, CEO Richard Pandohie said he parked his car in front of the Facey Pharmaceutical Division of the manufacturing and distribution conglomerate. He said it was a real, if not symbolic, attempt to prevent another important […]
Seprod lists $1.7-billion bond on private market
Source: Jamaica Observer Following the launch of the Jamaica Stock Exchange's (JSE) Private Market in January, Seprod Limited has become the latest company to list its debt in the form of a $1.7-billion bond. Seprod refinanced its $1.6 billion three-year bond with a coupon rate of 7.50 per cent for a new bond with a […]
Ralston Bent: My Veterinary Journey
I have never been one to back down from a challenge. This characteristic has allowed me to pursue my dreams with the necessary energy needed to succeed. Today, I am a JVB certified Doctor of Veterinary Medicine and have been with the Seprod group of companies for more than five years, but the road to […]
Seprod optimistic about growth despite dip in Q1 profits
Source: Jamaica Observer DESPITE a 14 per cent reduction in first-quarter profits, the management of Seprod Limited has said it will not relent as the manufacturing and distribution conglomerate remains optimistic about fulfilling its growth strategy this year. During the three-month period ended March 31, Seprod saw some $86 million of its profits erode to […]
Seprod launches e-commerce platform
Source: Jamaica Observer With social media and the Internet becoming such an integral part in the business landscape, e-commerce has quickly become the ideal way businesses enhance their customer relationship by offering that added convenience factor. Seprod Limited, in an effort to make their products and services more customer-centric, recently launched its e-commerce platform — Seprodshop.com. […]
Seprod doubles profit in abnormal 2020
Source: Jamaica Gleaner Manufacturing and distribution company Seprod Limited got innovative during the pandemic, putting out new products, developing new partnerships, and reshaping aspects of the business. Having cauterised the loss-making side of the operation, sugar, by shutting it down the previous year, the company allowed its creative juices to flow, resulting in a new record […]
Pulse, Seprod led gains on Tuesday
Source: Loop Jamaica Pulse Investments and Seprod led double-digit gains during Tuesday’s trading on the Jamaica Stock Exchange (JSE). Pulse gained 12 per cent to close at the $5.17 and Seprod gained 11 per cent to $71.71. The top declining stock was 138 Student Living, down nine per cent to $17.84 and JSE Stock down […]
