This week, at Bourse, Sarodh Ramkhelawan reviews the financial performance of Angostura Holdings Limited (AHL) and The West Indian Tobacco Company Limited (WCO) for the six-month period ended 30th June, 2022.
Both companies would be poised to benefit from the reopening of economies and a revival of entertainment industries. AHL reported strong revenue growth driven by improved economic activity and higher demand locally and internationally. WCO, meanwhile, faced company-specific headwinds which contributed to overall lower earnings.
Will the normalization of entertainment channels support both companies’ fortunes?