Bourse Report| 24.6.2024| FirstCaribbean, Scotia Earnings Improve
This week, on the Bourse Report, we review the performance of Scotiabank Trinidad & Tobago (SBTT) and First Caribbean International Bank Limited (FCI) for their respective six-month fiscal periods (HY2024) ending April 30, 2024. Both SBTT and FCI reported higher profits, despite modest revenue growth. Could FCI and SBTT continue to grow earnings in the […]
Bourse Report| 17.6.2024| NCB Earnings Up, GHL Slips
This week, on the Bourse Report, we review the performance of NCB Financial Group Limited (NCBFG) and Guardian Holdings Limited (GHL) for its six months (HY2024) and three months (Q12024) ended March 31st, 2024, respectively. NCBFG’s performance was supported by stronger insurance and investment results. Conversely, GHL was impacted by higher insurance finance expenses.
Bourse Report| NGL Outlook Uncertain, NEL Earnings Decline
This week, at Bourse, we assess the financial performance of Trinidad and Tobago NGL Limited (TTNGL) for the fiscal year ending December 31st, 2023, and the first quarter ending March 31st, 2024, as well as National Enterprises Limited (NEL) for the six months ending March 31st, 2024.
Bourse Report| 3.6.2024| ANSA Earnings Improve, Agostini Declines
This week we at Bourse review the performance of Ansa McAL Limited (AMCL) and Agostini’s Limited (AGL) for their respective first quarter and half year ended March 31st, 2024. AMCL would have benefited from improved revenues and margins, supported by its acquisitions/geographical initiatives. AGL, meanwhile, experienced a decline in earnings accompanied by reduced margins. Could […]
Bourse Report| 20.05.2024| UCL Earnings Grow, WCO Dips
This week, we at Bourse review the performance of Unilever Caribbean Limited (UCL) and The West Indian Tobacco Company Limited (WCO) for the fiscal quarter period ended 31st March 2024. UCL benefitted from improved earnings despite a decline in revenues, while WCO would have been constrained by reduced revenues and lower margins in the first […]
Bourse Report| 6.5.2024| Prestige Advance, AHL Earnings Stable
This week, we at Bourse review the financial performance of Prestige Holdings Limited (PHL) and Angostura Holdings Limited (AHL) for their respective first quarters ended 31st March 2024. PHL’s performance benefitted from revenue growth and higher profitability margins, while AHL’s profitability was impacted by lower revenues. Could PHL positive momentum continue in the upcoming months? […]
Bourse Report| 29.4.2024| TCL, NFM Earnings Up
This week, we at Bourse review the financial performance of Trinidad Cement Limited (TCL) and National Flour Mills Limited (NFM) for their respective fiscal years ended December 31st, 2023. TCL reported increased revenue growth and improved profitability margins. Similarly, NFM reported increased profits amidst uncertain global economic conditions. Will both companies continue their positive momentum […]
Bourse Report| 22.4.204| AMCL, UCL Earnings Advance
This week on the Bourse Report the performance of Ansa McAL Limited (AMCL) and Unilever Caribbean Limited (UCL) for their respective fiscal years ended December 31st, 2023. AMCL reported robust earnings growth and improved operating margins. UCL also reported increased earnings, despite lower revenues. How will both entities fare in the upcoming months?
Bourse Report| 15.4.2024| AHL, WCO Earnings Up
This week on the Bourse Report, we look at the performance of Angostura Holdings Limited (AHL) and West Indian Tobacco Company Limited (WCO) for their respective full year financial results for the period ending December 31st, 2023 (FY2023). AHL reported improved earnings owing to increased margins with increased market share within the region, while WCO […]
Bourse Report| 8.04.2024| Local Equities Lower, Global Markets Upbeat
This week, we review the performance of local and international stock markets for the first quarter of 2024 (Q12024). Locally, generally improving earnings were not enough to enough to improve investor confidence. Meanwhile, international equities were broadly higher fuelled by strong corporate earnings and continued hopes of US interest rate cuts. Will markets maintain momentum […]