Bourse Report

Bourse Report| 07.11.2022| TCL Results Solid, WCO Revenues Slip

This week, we at Bourse review the financial performance of Trinidad Cement Limited (TCL) and West Indian Tobacco Company Limited (WCO) for the nine-month period ended September 30th, 2022 (9M2022). TCL benefitted from increased revenues and improved margins on account of higher cement sales, while WCO reported a decline in profitability impacted by company-specific headwinds. As the economy regains momentum, what might investors expect in the months ahead?

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