Kremi ice cream’s profit surges 16-fold amid hot El Niño weather, efficiency gains

Caribbean Cream Ltd, the maker of Kremi ice cream, reported a 16-fold rebound in quarterly profit as it benefited from lower production costs amid sweltering summer heat. The company posted net profit of $69.1 million for the second quarter ended August 2026, compared with $4.2 million in the corresponding period a year earlier, according to unaudited financial statements. Over six months, its profit grew to $113.8 million versus a loss of $9.4 million a year earlier. Earnings per share totalled $0.30, compared to a loss of $0.02 a year earlier.