TTNGL Posts 88% Improvement in Earnings
May 10th 2017
TTNGL Chairman, Gerry C. Brooks, expressed ‘cautious optimism’ as he reported that for the period January to March 2017, Trinidad and Tobago NGL Limited (TTNGL) recorded after tax earnings of $56.9 million. Earnings per share for the period were $0.37, compared to $0.20 for 2016 – an improvement of 85.0%. The Q1 after tax profits represents an 88.4% improvement when compared to the same quarter in 2016. In Quarter 1 2016, a profit of $30.2 million was recorded.