Bourse Report| 31.07.2023| Prestige Advance, NIF Review
This week, Sarodh Ramkhelawan reviews the financial performance of Prestige Holdings Limited (PHL) for the six-month ended May 31st, 2023. PHL benefited from higher profit margins and successful geographical expansion. We also provide an update on the upcoming maturity of the NIF bond.
Bourse Report| 17.04.2023| PHL Advance, AHL Dips
This week, at Bourse, Sarodh Ramkhelawan reviews the financial performance of Prestige Holdings Limited (PHL) for its first quarter ended 28th February 2023 and Angostura Holdings Limited (AHL) for its financial year ended 31st December 2022. PHL’s performance benefitted from higher revenues with an uptick in economic activity, while AHL’s profitability was affected by higher […]
Bourse Report|27.3.2023| PHL Earnings Solid, WCO Revenues Fall
This week, at Bourse, Sarodh Ramkhelawan reviews the financial performance of Prestige Holdings Limited for its financial year ended November 30th, 2022 and West Indian Tobacco Company Limited (WCO) for the year ended December 31st, 2022. While PHL benefitted from higher revenues as business operations normalized, WCO reported a decline in profitability impacted by company-specific […]