DESPITE a challenging operating environment Omni Industries Limited reported a strong second-quarter performance, highlighting the company’s resilience amid ongoing supply chain disruptions that impacted its half-year results.

For the quarter ended June 30, 2025 the thermoplastics manufacturer recorded revenues of $517 million — an 8 per cent increase over the same period in 2024. Net profit on the other hand, which surged 68 per cent to total $52 million, was largely driven by increased sales volumes in construction-related products and improved operational efficiency. Building products, which accounted for 58 per cent of total revenue, continued to play a central role in the company’s operations.

The company’s second-quarter gains, which came alongside weaker half-year results, saw its year-to-date results remaining under pressure as revenues fell 8 per cent to total $988 million — down from $1.1 billion in the prior year period. Half-year profits also declined by some 24 per cent to total $82 million while gross profit at $405 million similarly reflected a 19 per cent decrease, primarily due to elevated shipping costs and supply chain delays. As a result, the cost of goods sold (COGS) rose to $690 million, driven by higher input costs from sourcing raw materials through non-traditional suppliers to maintain production continuity.

Managing Director Patrick Kumst, commenting on the company’s performance, said the strength of Omni’s long-term strategy and its resilience are clear indicators of a business model built to withstand volatility.

“This quarter’s performance really spotlighted the commitment of our team and the strength of our strategy. We remained focused on cost management while investing in the technology and capacity needed for long-term expansion. Even while facing supply chain pressures and inflation, we ensured that we delivered on our commitments to customers and shareholders,” he said.

The quarter which unfolded against a backdrop of ongoing global logistics disruptions, new tariffs in major markets, and higher import costs linked to foreign exchange volatility, were cited among the main challenges which the company had to actively manage.

“Locally, Jamaica’s economy remained moderately positive, with the construction and manufacturing sectors showing modest growth despite forex volatility and high import costs. Amid this backdrop, Omni Industries Limited remained resilient. As a leading local manufacturer of industrial packaging and construction-grade products the company maintained operational focus, deepened customer engagement, and advanced strategic investments to support long-term growth,” Kumst further said in a report to shareholders.

Looking to improve its performance in upcoming quarters the managing director said the company’s continued investment in technology, capacity, and operational efficiency will further help to strengthen its market reach and competiveness.

In line with these efforts, Omni recently commissioned a new injection moulding machine, boosting production efficiency and product quality. The company also participated in the 2025 JMEA expo, which generated new business-to-business leads and helped strengthen partnerships across the Caribbean.

At the just-concluded Denbigh farm show, the large manufacturer also unveiled a new line of agricultural crates, which got strong reception from farmers, agro-processors, and retailers across both the private and public sectors. Made from durable, food-safe materials, the crates offer improved ventilation, stackability and handling, and are designed to support the transport and storage of fruits, vegetables, and other fresh produce.

“The integration of our new machines, the connections we made at the JMEA expo, and our investment in capacity are steps towards ensuring Omni can become a stronger, more competitive manufacturer in the region. We’re getting there bit by bit and, by the next decade, we intend to stand among the region’s leading manufacturers of thermoplastics and distributors of PVC pipes and fittings,” Kumst said while noting that the company continues to maintain a strong balance sheet and a growing equity base, supported by its Junior Market tax incentives that will remain in place until 2029.

Omni’s new agri crates, rolled out at Denbigh 2025, are made from durable, food-safe materials, offering improved ventilation, stackability and handling of farm produce.