This week, at Bourse, Sarodh Ramkhelawan reviews the performance of First Citizens Group Financial Holdings Limited (FCGFH) for its six months (HY2023) ended 31st March, 2023 and Unilever Caribbean Limited (UCL) for its financial year ended December 31st, 2022. FCGFH benefitted from increased operating income supported by a writeback of Credit Impairment Losses, while UCL’s profitability was affected by one-off restructuring expenses. Will FCGFH continue to grow earnings? Can UCL return to more stable performance, after making significant changes to its business?
