Bourse Report| 20.11.2023| AHL Earnings Grow, UCL Lower

This week, on the Bourse Report, Sarodh Ramkhelawan reviews the performance of Angostura Holdings Limited (AHL) and Unilever Caribbean Limited (UCL) for their respective nine-month periods ended 30th September 2023. AHL generated higher earnings despite modestly increasing revenue, while UCL sharply increased earnings despite revenue contraction. Will AHL continue to grow earnings? Can UCL return to more stable performance, after making substantial changes to its business model?