On this weeks’ #Boursereport, Sarodh Ramkhelawan, CFA discusses the financial performance of the Canadian-owned Banking giant, #Scotiabank Trinidad and Tobago Limited (#SBTT), for the first quarter ended January 31st, 2022. We also review the performance of the West Indian Tobacco Company Limited (#WCO) for the financial year ended December 31st, 2021. SBTT advanced on account of higher revenues, lower Impairment Losses and Non-Interest Expenses, whereas WCO recorded lower revenues and margins linked to Covid-19 induced economic challenges. Could SBTT continue to build on its positive earnings momentum? Will the reopening of entertainment channels drive the performance of WCO throughout the course of 2022?
Bourse Report