Bourse Report| 06.11.23| TCL Improves, WCO Slips
This week on the Bourse Report, Sarodh Ramkhelawan reviews the financial performance of Trinidad Cement Limited (TCL) and West Indian Tobacco Company Limited (WCO) for the nine-month period ended September 30th, 2023 (9M2023). TCL benefited from improved revenues reflecting higher cement sales across the group, while WCO’s performance was constrained by reduced revenues and lower margins. […]
Bourse Report| 07.11.2022| TCL Results Solid, WCO Revenues Slip
This week, we at Bourse review the financial performance of Trinidad Cement Limited (TCL) and West Indian Tobacco Company Limited (WCO) for the nine-month period ended September 30th, 2022 (9M2022). TCL benefitted from increased revenues and improved margins on account of higher cement sales, while WCO reported a decline in profitability impacted by company-specific headwinds. […]