Home Businessuite News24 Berger Paints Trinidad – US Dollar Shortages In Particular Causing Major Delays In Procurement – Andrews
Berger Paints Trinidad – US Dollar Shortages In Particular Causing Major Delays In Procurement – Andrews

Berger Paints Trinidad – US Dollar Shortages In Particular Causing Major Delays In Procurement – Andrews

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Berger Paints Trinidad is reporting profit after tax losses of 2.4 million TT dollars down from a profit of 1.9 million in the corresponding period and posting negative earnings per share of -46 cents down from 36 cents for the nine months ending December 2016.

John Andrews Chairman of the company in his report to shareholders said that the Trinidad and Tobago economy was in a period of contraction with Labour and foreign exchange conditions continuing to decline, with US dollar shortages in particular causing major delays in procurement.

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