NASSAU, BAHAMAS — Commonwealth Brewery Limited (CBL) posted a net profit of $6 million for the first half of 2025, as the company continues to find its post-pandemic rhythm and leverage shifting consumer trends.
The brewer and beverage distributor said results reflected a stable performance, with net revenue inching up 0.4 percent in the second quarter. The modest growth was driven largely by the timing of the Easter holiday, which boosted sales across on-premise locations and At-Home consumption.
“Global beverage markets, including ours, are finding a new post-pandemic rhythm. Consumer interest remains strong, particularly among those seeking the best value for their spend,” the company said, noting that spirits continue to lead category growth while flagship beer brands Kalik and Eclipse maintain a solid market position.
CBL highlighted that shifts in tourism patterns — with more cruise visitors compared to stopover guests — and evolving consumer spending habits are reshaping demand. However, the company stressed that its broad portfolio and nationwide reach leave it well-positioned to respond.
Operating expenses rose just 1.6 percent during the period, which CBL attributed to higher marketing investments ahead of second-half campaigns. “This investment, along with our focus on execution, will deliver strong revenue growth over the rest of the year,” management noted.
The brewer also reported a significant improvement in cash generation, with net cash flow from operating activities rising to $9.1 million compared to $5.6 million in the same period last year.
Despite the slight year-over-year dip in profit from $6.1 million in 2024, the company said disciplined cost control and effective working capital management underscored its resilience in a shifting market.
