Trinidad and Tobago NGL Limited (‘TTNGL’) has recorded improved financial performance for the first nine months of 2022.
As such the company says they continue to demonstrate year-on-year improvement. For the nine months ended September 30 2022, TT-NGL recorded an after-tax profit of TT one hundred and sixty-five point one million dollars.
This represents a 23.1 percent increase over the same period in 2021.
The company says that shareholders have benefited, with earnings per share being one dollar and seven cents for that period, compared to eighty seven cents for the corresponding period in 2021.
This constitutes an increase of 23 percent.
In his statement, newly appointed NGC Group and TTNGL Chairman, Dr. Joseph Ishmael Khan, said, “The Company will continue to build its resilience by maintaining focus on strengthening its operational efficiencies, improving reliability of its facilities and deepening value creation initiatives to secure long-term profitability and sustainability.