‘Successful, Steadfast, Secure’ is a fitting theme for the TTNGL Annual Report 2021 as the Company’s financial performance reflect a major uplift of 373.6% in profit after tax over 2020 (excluding impairment reversal). The report, which was published to TTNGL’s website on 30 April 2022, shows that for the year ended 31 December 2021, total profits amounted to $512.8 million, compared with $6.4 million in 2020.

After careful consideration of TTNGL’s current and future cash flows; potential risks and challenges; outlook for future growth; and the profitability of its underlying asset, the Board of Directors agreed that a final dividend be distributed to shareholders at $0.50 per share, bringing total dividend for 2021 to $0.75 per share (2020: $0.05). The final dividend for 2021 is to be paid on 12 May 2022 to shareholders on the Register of Members as of 22 April 2022.

Read More »