CrazyFruits

everything under the sun

Similar topics
August 2017
SunMonTueWedThuFriSat
  12345
6789101112
13141516171819
20212223242526
2728293031  

Calendar Calendar

Social bookmarking
Social bookmarking Digg  Social bookmarking Delicious  Social bookmarking Reddit  Social bookmarking Stumbleupon  Social bookmarking Slashdot  Social bookmarking Yahoo  Social bookmarking Google  Social bookmarking Blinklist  Social bookmarking Blogmarks  Social bookmarking Technorati  

Bookmark and share the address of FAIR & CLEAR SKIN! on your social bookmarking website

Bookmark and share the address of CrazyFruits on your social bookmarking website

Latest topics
» Student loan debt crushing older Americans too
Fri 18 Aug 2017 - 14:33 by Adamadmin

» The Sun's corona, a fiery halo, is still a mystery to scientists
Fri 18 Aug 2017 - 14:32 by Adamadmin

» Terminally ill dad to celebrate Christmas early with 4 kids
Fri 18 Aug 2017 - 14:31 by Adamadmin

» Toddler chokes to death on grapes
Fri 18 Aug 2017 - 14:30 by Adamadmin

» Trump slams ‘Obstructionist Democrats’ as danger to national security
Fri 18 Aug 2017 - 14:29 by Adamadmin

» Six Flags Over Texas removes Confederate flag, reversing earlier decision
Fri 18 Aug 2017 - 14:28 by Adamadmin

» Derek Jeter welcomes daughter Bella Raine
Fri 18 Aug 2017 - 14:26 by Adamadmin

» Taylor Swift completely wipes out her social media accounts
Fri 18 Aug 2017 - 14:25 by Adamadmin

» Doctors brace for rise in ER visits ahead of solar eclipse
Fri 18 Aug 2017 - 14:23 by Adamadmin

» Woman battling cancer dies after eating contaminated oysters
Fri 18 Aug 2017 - 14:22 by Adamadmin

» 10-year-old India rape victim unknowingly gives birth to baby girl, report says
Fri 18 Aug 2017 - 14:22 by Adamadmin

» Push to strip Confederate emblem from Mississippi flag heats up
Fri 18 Aug 2017 - 14:20 by Adamadmin

» Steve Bannon out at the White House
Fri 18 Aug 2017 - 14:19 by Adamadmin

» Jamaican Desserts (100% Delicious) KEEP CALM AND LOVE IT!!
Fri 18 Aug 2017 - 14:16 by Adamadmin

» Festival of the Jamaican Arts great turn out
Fri 18 Aug 2017 - 14:15 by Adamadmin

» Teddy Sinclair's Diamond days another piece of Art
Fri 18 Aug 2017 - 14:13 by Adamadmin

» Gorgeous supermodel naomi campbell sack it to her haters!
Fri 18 Aug 2017 - 14:12 by Adamadmin

» Haitian paintings art pics
Fri 18 Aug 2017 - 14:11 by Adamadmin

» Japanese painting art pics
Fri 18 Aug 2017 - 14:10 by Adamadmin

» Gatlin takes his revenge
Fri 18 Aug 2017 - 14:09 by Adamadmin

Usain Bolt beaten by two Americans in final 100-meter race

Sun 6 Aug 2017 - 3:50 by After8mint

Usain Bolt's farewell party was spoiled by a pair …

Comments: 3

Usain lost his bolt during final hurray nearing his retirement plan

Sun 6 Aug 2017 - 3:45 by After8mint

Usain Bolt's farewell party was spoiled by a pair …

Comments: 2

Usain Bolt retirement has stalled by two american one was his arch rival gatlin

Sun 6 Aug 2017 - 3:51 by After8mint

Usain Bolt's farewell party was spoiled by a pair …

Comments: 1

Chinese dissident Liu Xiaobo dies, Chinese government says

Thu 3 Aug 2017 - 0:02 by BigBossAdmin

BEIJING -- Jailed activist and Nobel Peace …

Comments: 1

9-year-old applies for alien-fighting job, NASA responds

Sat 5 Aug 2017 - 10:47 by JustinBieber2



A 9-year-old boy answered a call from NASA to …

Comments: 1

Acute migraine drug succeeds in late-stage study

Sat 5 Aug 2017 - 10:51 by JustinBieber2

Eli Lilly and Co said on Friday said its acute …

Comments: 1

Chicago to sue DOJ over sanctuary cities policy

Sat 5 Aug 2017 - 10:55 by JustinBieber2

Chicago Mayor Rahm Emanuel says the city plans to …

Comments: 1

Mom dies after giving birth to twins following dad's gunshot death

Sat 5 Aug 2017 - 10:52 by JustinBieber2

Three young siblings are being cared for by …

Comments: 1

US formally tells UN it wants out of Paris climate accord

Sat 5 Aug 2017 - 10:55 by JustinBieber2

WASHINGTON – The Trump administration on Friday …

Comments: 0

Top posting users this week
Adamadmin
 
After8mint
 


You are not connected. Please login or register

CrazyFruits » African/Caribbean/UK/GeneralDiscussions » Eileen Chin Exits Lasco Manufacturing

Eileen Chin Exits Lasco Manufacturing

View previous topic View next topic Go down  Message [Page 1 of 1]

1bat Eileen Chin Exits Lasco Manufacturing on Sat 7 Mar 2015 - 11:01

BOBmarleyADMIN

avatar
Admin
Admin


A replacement has been found for Dr Eileen Chin who has stepped down as managing director of Lasco Manufacturing Limited due to ill health.
Chin, a Cuban by birth and wife of Lasco Group Chairman Lascelles Chin, has run the manufacturing operation since 2007, three years before the group reorganised into three affiliates, which were listed on the junior stock market.
Lasco Foods became Lasco Manufacturing under the restructuring, but Chin has worked with the Lasco Group since 1999.
She oversaw the US$30-million first-round expansion of the manufacturing plant in the wake of the Lasco reorganisation, and the roll-out of new products, including iCool water, flavoured water and juice drinks. In the last quarterly earnings report signed off on by Chin, for the September to December 2014 period, Lasco Manufacturing's fixed assets were valued on its books at just over $1 billion, with another $2.26 billion of works in progress.
The year before that, the company's fixed assets were booked at $185 million, with $2.5 billion of works in progress.
The company's midline profit rose above half-billion dollars at the nine-month December 2014 mark, but expanded financing charges clipped its bottom line from $448 million or 11 cents per share to $426 million or 10 cents per share, year-on-year. Revenue ticked up from $2.9 billion to $3.3 billion in the period.
The company is still carrying over $1 billion of long-term debt, but that is a reduction from $1.48 billion a year ago. The debt is just over a third of the company's net value of $2.95 billion.
Chin stepped down on March 2 and was replaced on March 3 by Robert Parkins, who was appointed general manager. She sits on the boards of Lasco Manufacturing as well as affiliates Lasco Distributors Limited and Lasco Financial Services Limited, but there is as yet no indication that she has resigned her directorships.
Parkins' track record includes management of Salada Foods Jamaica Limited and Health Brands Limited, and positions with Seprod Limited, the JP Foods division of Jamaica Producers Group. He has "a strong background in engineering and manufacturing and extensive experience in the fast moving consumer goods industry," Lasco said in its press release.
Parkins holds a master's in business administration from the Nova Southeastern University and a bachelor of science in mechanical engineering from the University of the West Indies.
business@gleanerjm.com

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum