TTNGL Reports after-tax Earnings of TT$344.8 Million

TTNGL Chairman, Gerry C. Brooks, announced that Trinidad and Tobago NGL Limited (TTNGL), recorded after tax earnings of TT$344.8 million for 2016. Earnings per share, according to the Chairman, was TT$1.16. The share of profit from TTNGL’s investment in Phoenix Park Gas Processors Limited (PPGPL), which is the underlying asset of TTNGL, improved by 20.3% to $164 million in 2016, compared to TT$136.3 million in 2015.

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