Kremi raises prices 5% as costs drive $96m loss

Caribbean Cream Limited, the ice cream maker that trades as Kremi, said it raised product prices by an average of 5.0 per cent this month due to rising costs.
"There are question marks about transportation and shipping costs, and all our raw materials prices are up. This will force us to do a price increase, which will come online on June 1st (DEL)," CEO Christopher Clarke said in a Financial Gleaner interview.