Bourse Report | 08.30.2021 | TTNGL Improves, PLIPDECO Dips

On today’s Bourse Report, Sarodh reviews the performance of Trinidad and Tobago NGL Limited (TTNGL) in the energy sector and the Point Lisas Industrial Port Development Corporation Limited (PLIPDECO) both for the 6-month period ended June 30th 2021. TTNGL reported improved earnings on account of the stabilization of energy markets and benefited from higher profitability driven by their investment in PPGPL. Meanwhile, PLIPDECO faced operating challenges due to sluggish economic activity. Will both companies continue to progress? What might investors expect in the months ahead?