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Bourse Report | 06.14.2021 | FirstCaribbean, Agostini’s Earnings Up

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On this week’s Bourse Report, Sarodh reviews the performance of FirstCaribbean International Limited (FCI) for the half year period ended, 30th April 2021 and Agostini’s Limited (AGL) for the half year ended 31st March, 2021. FCI reported an improvement in its performance on account of lower Credit Loss Expenses and the absence of Impairment Costs, despite revenue challenges. AGL recorded lower Revenue on account of normalized demand for its product offerings relative to HY 2020, while the continuation of cost management initiatives spurred improved performance. Can the improvement continue for both entities?

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