trending Market Intelligence /marketintelligence/en/news-insights/trending/tF0sg2_Z6J7UrLBALbF8IA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Unilever Caribbean Q2 profit falls YOY


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


Industry Top Trends 2021: Oil and Gas


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

Industry Top Trends 2021: Metals and Mining

Unilever Caribbean Q2 profit falls YOY

Unilever Caribbean Ltd. said its normalized net income for the second quarter amounted to 39 Trinidad and Tobago cents per share, a decrease of 28.0% from 54 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$10.1 million, a decrease of 28.5% from TT$14.1 million in the year-earlier period.

The normalized profit margin declined to 7.2% from 9.5% in the year-earlier period.

Total revenue decreased 5.2% year over year to TT$140.5 million from TT$148.2 million, and total operating expenses fell 5.2% on an annual basis to TT$124.2 million from TT$131.0 million.

Reported net income declined 26.7% year over year to TT$12.5 million, or 48 cents per share, from TT$17.0 million, or 65 cents per share.

As of Aug. 7, US$1 was equivalent to TT$6.34.