Caribbean Cream Limited, the makers of Kremi Ice Cream has reported a net profit of $26.9-million for the fourth quarter ended in February.

This is 5-percent increase when compared to the $25.7-million reported during the same period last year.

Meanwhile, revenues for the period saw a 17-percent jump over 2014 to close off at $31.5-million for 2015.

Caribbean Cream CEO, Christopher Clarke says for 2015, the company continued to benefit from price reductions on its main ingredients as well as improved efficiencies.

He says these factors were also integral in Kremi realizing a net profit of $150-million and revenues of $122-million for the 12 months ended in February.