12 Mar

TTNGL: Summary Financial Statements, Year ended 31 Dec 2017

Summary Financial Statements For the Year Ended 31 December, 2017 Chairman's Statement Trinidad.....

Summary Financial Statements

For the Year Ended 31 December, 2017

Chairman’s Statement

Trinidad and Tobago NGL Limited (“TTNGL” and “Company”) recorded another year of positive growth with profit after tax increasing to TT$233.7 million. This represents a 30.2% improvement over full year 2016 results. Earnings per share were $1.51 (2016: $1.16) which is a 30.2% improvement over the prior year. These earnings are the consequence of a series of deliberate initiatives at Phoenix Park Gas Processors Limited (“PPGPL”) which have enhanced performance and
shareholder value.

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Independent Auditor’s Report »