Salada posts stronger half-year profit as sales recover after Hurricane Melissa
KINGSTON, Jamaica — Salada Foods Jamaica Limited reported higher revenue and profit for its 2025/26 half-year period, as the company continued recovering from the impact of Hurricane Melissa and benefited from stronger demand across local and export markets.
The manufacturer posted gross revenue of $838.8 million for the six months ended March 31, 2026, up 9.2 per cent from $767.9 million a year earlier.
Chairman Patrick Williams said the performance reflected steady consumer demand as the company continued rebuilding momentum following disruptions caused by the hurricane.
The March quarter delivered an even sharper improvement, with revenue climbing 29.4 per cent to $478.4 million compared with $369.7 million in the corresponding quarter last year.
Salada also reported stronger profitability despite ongoing volatility in raw material prices and global supply chains.
Gross margin improved slightly to 31.1 per cent from 30.8 per cent last year, which Williams attributed to tighter cost management measures.
Operating profit for the six-month period rose 19.2 per cent to $127.7 million. Quarterly operating profit more than doubled, jumping 102.9 per cent to $88.2 million.
The company said it maintained a focus on operational efficiency during the period, with selling and promotional expenses remaining stable at 5.5 per cent of revenue.
Administrative expenses declined to 10.4 per cent of revenue from 11.6 per cent last year, reflecting tighter cost controls in what the company described as an inflationary environment.
Net profit for the six months increased 12.8 per cent to $100.2 million from $88.8 million last year, while earnings per share improved to $0.10 from $0.09.
Salada ended the period with total assets of $1.53 billion, representing a 2.5 per cent increase over the prior year.
Beyond its financial results, the company said it continued supporting employees and farming communities affected by Hurricane Melissa through corporate social responsibility initiatives tied to relief and recovery efforts.
The company said the performance positions it for continued expansion and innovation during the remainder of the financial year.
