10 May

TTNGL – Condensed Interim Financial Statements

TT NGL Condensed Interim Financial Statements for the Three Months Ended 31 March.....

TT NGL

Condensed Interim Financial Statements for the Three Months Ended 31 March 2017

Chairman’s Report

I am pleased to report that for the first quarter of the year, 1 January to 31 March, 2017, Trinidad and Tobago NGL Limited (“TTNGL” and “Company”) recorded after-tax earnings of $56.9 million. This represents an 88.4% improvement when compared to the corresponding quarter in 2016 in which a profit of $30.2 million was recorded. Earnings-per-share for the period were $0.37, compared to $0.20 for 2016—an improvement of 85.0%.

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