Tag Archives: Cedric Blair

Red Stripe Posts j$476M in 3Q Profit

Consumers are drinking more beer, which led large brewery Red Stripe to post j$476 million in after-tax profit for its September quarter or 30% higher than a year ago. Local sales of Red Stripe, Guinness, Dragon and Heineken in the September quarter of 2014 cumulatively outpaced levels consumed a year earlier, according to just-released financials at the brewery. “Revenue from ...

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Red Stripe To Invest us$10m in Cassava

Local Jamaican brewing company, Red Stripe, has said that it will invest us$10 million (J$1,124 Billion) over the next five years to set up a cassava supply chain, as it moves to use the tuber to offset barley imports utilized in beer production. “It is not just about growing cassava, it’s about setting up a cassava supply chain. We have ...

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