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Derrimon Trading Limited (DTL) and Dolla Financial recently shared in a holiday philanthropic effort as sponsors of the annual Make A Child Smile Christmas Toy Drive, where 250 meals and donated treats were gifted to the Maxfield Park Children’s Home.

The Bridge 99 FM/Irie Jam Radio, under the guidance of its philanthropic organisation, IRIE Butterfly Foundation’s chairperson and director of Bridge 99 FM, Syntyche Clarke, began its annual Make a Child Smile This Christmas Toy Drive several years ago in New York.

DERRIMON Trading Company is bringing a new customer experience to central Jamaica with the completion of its newest Select Grocers location at Millennium Mall in May Pen, Clarendon.

The outlet, which opened to the public on Wednesday, November 16, is 41,000 square feet with two levels. The ground floor is 30,000 square feet and the upper level is 11,000 square feet.

The Jamaica Observer was given an exclusive tour of the new facility.

Derrimon Trading Company Limited reported having strong results across the Group for the nine months ended September 30, 2022.

The consolidated results for Derrimon Trading Company Limited saw revenue of J$13.81 billion, which is J$1.613 billion more than the J$12.195 billion reported for the corresponding nine-month period in 2021, resulting in a 13.23 per cent increase in revenue.

Derrimon Trading Company is reporting a 12 per cent increase in its year-to-date consolidated net profits even as it doubled its finance costs to fund expansion.

Derrimon’s net profit increased to $482.19 million, which exceeded the full-year performance of $444.22 million for 2021.

Derrimon To Increase Distribution of ‘Delect’ Brand | TVJ Business Day

How Derrick Cotterell, chairman and group CEO, Derrimon Trading Company Ltd, selected the Best New (Local) Product:

Oji Jaja’s Ashebre line of products: Smoked Scotch Bonnet Pepper Sauce and Blackening Spice was ultimately selected as the winner because of:

• excellent product quality

• excellent packaging

• label design up to international standard and quality

• products are ready for the international market

Derrimon Trading Group is now undertaking due diligence on a foreign company it was eyeing three months ago for possible acquisition. Its talks continue with the United States-based retail and distribution company, but Chief Financial Officer Ian…

The Rock Steady ballroom of the AC hotel was the venue two Tuesdays ago for the presentations of nominees in the category: Best (new) local product to be judged by the Jamaica Observer Table Talk Food Awards judges along with guest Derrick Cotterell, Group CEO and chairman, Derrimon Trading Company Ltd. There was a lot at stake, and each presenter put their best foot forward as they sought to position their product in the best possible light. Plus, the product given the nod this year would, courtesy of Derrimon Trading Company,

SOFTENING demand in the United States, rising product costs, and a hike in interest payments on debt combined to sap earnings at Derrimon Trading during the second quarter of the year.

The company released financials showing its profit for the April to June period of this year sank 9.68 per cent to $113 million dollars.

The lower profit was realised despite the group, which includes Spicy Hill Farm, Arosa Limited, Woodcats Limited and Caribbean Flavours and Fragrances, posting $4.6 billion in revenue — up 14 per cent during the quarter compared to a year ago.

St. George’s College returned as champions at the 10th staging of the two day Refresh St. George’s Cup which ended at Winchester Park on Sunday.

The annual tournament saw its first staging in 2011 and returned with a new title sponsor, Refresh Water after a two year hiatus due to the pandemic.

This year’s competition featured four teams St. Andrew Technical High School, WIlliam Knibb High School, BB Coke High School and St. George’s College who competed for a total prize money of $300,000.

The hosts school won the overall tournament with a total of seven points receiving $100,000.