Bourse Report| 15.05.2023| Republic Earnings Improve, Angostura Declines

This week, at Bourse, Sarodh Ramkhelawan reviews the performance of Republic Financial Holdings Limited (RFHL) for its six months ended 31st March 2023 and Angostura Holdings Limited (AHL) for its first quarter ended 31st March 2023. RFHL would have generated higher operating profits partially offset by higher credit loss expenses, while AHL profitability dipped on account of higher expenses and finance costs. Will RFHL continue to grow its earnings? Can AHL regain ground as the financial year progresses?