Archives: News

Derrimon and Dolla partner with Bridge 99 FM to ‘make a child smile’

Derrimon Trading Limited (DTL) and Dolla Financial, 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 the annual Make a Child Smile This Christmas Toy Drive several years ago in New York.

The successful Christmas treat has donated thousands of dollars worth of toys and gifts to children in the New York tri-state area over the years, thanks to donations from its staff, listeners and well-wishers.

Derrimon Trading Group rings in the Christmas cheer for students at End Time Basic School

Caribbean Flavours and Fragrances Ltd, in collaboration with Spicy Hill Farms and Woodcats International – companies under The Derrimon Trading Company, recently brought Christmas cheer to children of the End Time Basic School, an early childhood institution based in the Penwood Place community of St Andrew.

As part of the group’s consistent outreach, mentorship and support of the growth of the institution over the past few years, Caribbean Flavours and Fragrances said it continues to support the ongoing process of retrofitting the institution which will support the overall development of all stakeholders.

Derrimon and Dolla partner with Bridge 99 for treat at Maxfield Park Children’s Home

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 selects Clarendon

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 sees strong group results of $13.81 billion in revenue for 9 months ended Sept 30

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 reports 12% increase in year-to-date profit

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.

And The Winner Is…

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 closing in on another foreign acquisition

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…

And The Nominee in the category Best (new) Local Product… BITE ME PICKLED HERRING

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,

Derrimon Trading Company Limited has advised that the completion of the 2022 Annual Report will be delayed due to resource challenges experienced by our service providers. As a result, Derrimon Trading Limited will file its 2022 Annual Report on or before June 30, 2023