TT NGL

Condensed Interim Financial Statements for the Nine Months Ended 30 September 2016

Chairman’s Statement:
I am pleased to report that for the first nine months of the year, 1 January to 30 September, 2016, Trinidad and Tobago NGL Limited (TTNGL/Company) recorded total comprehensive profit of TT$266.3 million. This represents a 113% improvement over the corresponding period in 2015 when TT$124.9 million was recorded. The significantly improved performance was driven by higher other comprehensive income arising from translation differences to the presentation currency. This contributed TT$150.4 million to total comprehensive income compared to a loss of TT$6.0 million in the prior year.

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