CAC bleeds amid operational challenges

CAC 2000 Limited has reported a net loss for the third quarter ended July 2025, citing persistent logistical challenges, increased operating expenses, and delayed project invoicing.

The air-conditioning and energy solutions company made a loss of $29.68 million, a reversal from the $11.72-million profit recorded in the same period last year.

Revenue for the quarter fell sharply by 28 per cent year-on-year, from $307.27 million to $222.09 million. The company attributed the revenue dip to delays in scheduled deliveries and invoicing, which were compounded by supply chain disruptions and internal operational setbacks.

CEO Gia Abraham, in a message accompanying the financials, acknowledged the difficult quarter but expressed optimism about the company’s long-term trajectory.

“While we have faced some challenges, including logistics issues and a delayed audit, we remain focused on optimising operations and improving financial discipline,” Abraham said. “Despite the current loss, we see a bright future and are confident in our ability to deliver positive results for our shareholders,” she told shareholders

The company’s year-to-date performance also showed strain. Over the nine-month horizon, revenue was down by $97 million to $$655.8 million, and losses ballooned from $41.7 million to $73.9 million.

Despite the downturn, Abraham highlighted several strategic initiatives aimed at restoring growth and profitability. These include enhanced inventory management, supply chain optimisation, and a renewed focus on customer engagement.

“Our robust pipeline of projects and strong customer relationships are driving an upward trend in sales, which we expect to continue,” said Abraham. “We are implementing strategic supply chain solutions to mitigate future disruptions and improve inventory management.”

The CEO also reaffirmed the company’s commitment to transparency and stakeholder engagement, noting that CAC 2000 is working closely with its board and investor relations team to ensure timely communication and accountability.

Looking ahead, CAC 2000 plans to streamline operations and strengthen its market position through strategic partnerships and operational efficiency.

“By addressing current challenges and leveraging our strengths, we aim to deliver sustainable growth in 2025,” Abraham concluded.

neville.graham@gleanerjm.com