trending Market Intelligence /marketintelligence/en/news-insights/trending/70emxTaSQyA9rDGeV5oaYg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

National Flour Mills Q2 profit climbs YOY

Blog

So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?

Blog

Industry Top Trends 2021: Oil and Gas

Blog

Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining


National Flour Mills Q2 profit climbs YOY

National Flour Mills Ltd. said its second-quarter normalized net income amounted to 8 Trinidad and Tobago cents per share, a gain from 3 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was TT$8.9 million, an increase from TT$3.3 million in the year-earlier period.

The normalized profit margin rose to 7.2% from 2.9% in the year-earlier period.

Total revenue climbed 9.6% year over year to TT$123.6 million from TT$112.8 million, and total operating expenses rose on an annual basis to TT$108.8 million from TT$105.5 million.

Reported net income grew year over year to TT$11.6 million, or 10 cents per share, from TT$4.9 million, or 4 cents per share.

As of July 23, US$1 was equivalent to TT$6.35.