The Nation News is featuring yet another story on the success of Barbados’ Plantation Reserve sugar. The brand is doing very well with volume of 20,000 tins sold last month at 5 UK pounds per tin… or about US$203,000. (see The Nation News Sweet Taste Of Success)
Keep in mind that is sales, not profits, folks. Even with a 50% profit margin (as if! – but lets be conservative) that would be say, US$100,000 profit per month.
But there is no way the profit margin is 50%.
The Nation News also mentions a single newspaper supplement article as being a huge success also, and they feature the cover of the newspaper supplement.
I guess no one at the Nation realises it was published months ago – or that the sub-title of the article is “Trouble in Paradise“ and that the article cannot be considered all positive.
Now let me see here… Take that US$100,000 profit per month (a huge over-estimation) divided into the cost of Cricket World Cup (say US$300 Million in the hole including that white elephant called Kensington Oval)…
Yup… the Plantation Reserve sugar profits will be able to pay for Cricket World Cup in, oh, say 250 years.