Home Tag "Trinidad And Tobago"

Trinidad And Tobago Slowly Recovering From Prolonged Recession Driven By Energy Supply Shocks And Low Energy Prices – IMF

The economy of Trinidad and Tobago is slowly recovering from a prolonged recession driven by energy supply shocks and low energy prices, according to a recent report from The International Monetary Fund (IMF). In a recent report the IMF indicated that with signs of improvement driven by energy sector growth from the second half of […]

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

Difficult Economic Environment In Trinidad And Tobago Continues To Weigh On Consumer Demand And Pricing Discretion – Mouttet

Christian Mouttet Chairman of Trinidad and Tobago based Prestige Holdings Limited, is reporting that for the first half of 2018 Group revenue increased by 3% to TT$521 million, as profit after tax decreased by 16% to TT$13.4 million, from TT$15.8 million in the previous year. These results, reported in their Consolidated Unaudited Results for the […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

Prestige Holdings Reporting Q1 2018 Group Revenue Increased By 5% And Profit To Shareholders Decreased By 17%

Christian Mouttet, Chairman of Trinidad and Tobago based Prestige Holdings, is reporting that for the first three months of 2018, group revenue increased by 5% to TT$264 million, and profit attributable to shareholders decreased by 17% to TT$7.65 million, compared with TT$9.2 million for the same period last year. Earnings per share were 12 cents […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

Unilever Caribbean Reporting 2017 As Another Difficult And Challenging Year For The Trinidad And Tobago Economy

Pablo Garrido Chairman of Trinidad and Tobago based Unilever Caribbean Limited, is reporting that 2017 was another difficult and challenging year for the Trinidad and Tobago economy. He pointed to the lack of consumer confidence, reduced spending, scarcity of foreign exchange, increased tax rates and an uncharacteristic series of climate events as having had a […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

National Enterprises Reporting Profit After Tax Decline Of 35% For 2017

Ingrid Lashley Chairman of Trinidad and Tobago based National Enterprises Limited is reporting profit after tax of TT$132.6 million for the nine-month period ended 31 December 2017 represents a decline of TT$71.3 million or 35% below the corresponding period last year. This she said translated into earnings per share for the period of 20 cents […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

Gracekennedy Group Confirms Merger Talks Between Signia Financial Group And Globe Finance Inc

GraceKennedy Group has confirmed by way of a notice to The Trinidad and Tobago Stock Exchange that Signia Financial Group Inc. is exploring a potential merger with Globe Finance Inc., this pursuant to a non-binding Letter of Intent signed by the company’s respective shareholders. GraceKennedy Group has a 40% interest in Signia Financial Group which […]

Bank Of Jamaica Designing New Reporting Forms To Capture Vital Information On The Extent Of Private-Sector Credit Being Provided To Micro, Small, And Medium-Sized Enterprises

First Citizens Group Q1 Performance Due Mainly To Growth In Loans And Investments

Trinidad and Tobago based First Citizens Group is reporting TT$203.4 million in profit after tax for the three-month period ended December 31, 2017. This represents a 9.8 per cent increase when compared to the corresponding period in 2016, closing the quarter with $375.6 million in revenue compared to $334.9 million in 2016. Commenting on the […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

RBC Royal Bank Reporting 59% Increase Net Income After Tax Despite Economic Challenges And Lower Margins From Highly Competitive Local Market.

Managing Director of Trinidad and Tobago based RBC Royal Bank, Darryl White, is crediting the bank’s 2017 performance with strong risk management and cost containment initiatives. These he said bolstered the banks financial position, recording an after tax profit of TT$191.3 million for the financial year ended October 31, 2017, representing a 59 per cent […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

Scotiabank Trinidad and Tobago Recorded Another Year Of Solid Performance In 2017.

Stephen Bagnarol Senior Vice President and Managing Director, Scotiabank Trinidad and Tobago Limited, is reporting that Scotiabank Trinidad and Tobago Limited Group recorded another year of solid performance. Having joined Scotiabank Trinidad and Tobago on November 1, he was giving in his first Managing Director’s Report, giving recognition to Scotiabank Trinidad and Tobago’s former Managing […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT

Businessuite #1 Trinidad & Tobago Ranked Public Company for 2017 – Massy Holdings Limited

Nat Rank Nat Rank Carib Rank Listed Company LC$000 US$000 LC$000 US$000 % 2017 2016 2017 2016 2016 2015 2015 Change 1 1 1 Massy Holdings Limited $11,534,060 $1,716,378 $11,944,843 $1,856,461 -7.55% Stock Exchange: Trinidad and Tobago Company: Massy Holdings Limited 2017 Rank: #1 2016 Rank: #1 2015 Rank: #1 2014 Rank: #1   Chairman: […]

Access Financial Services Recording 16% Increase In 2018 Q1 NPAT