US Coast Guard Station Clearwater

VIEW FROM ABOVE: In this Monday photo released by the US Coast Guard Station Clearwater, boats litter the area around the marina in the Bahamas after they were tossed around by Hurricane Dorian. At least five deaths were reported. --Photo: AP

THE Trinidad and Tobago Manufacturers Association (TTMA) is, from today, starting a relief drive to aid the Bahamas, which has been battered by Hurricane Dorian.

TTMA president Franka Costelloe is encouraging members of the public to donate vital relief items such as canned foods, medical supplies, baby supplies, water, clothing, cleaning supplies and tarpaulin. She said the Ministry of Trade and Industry is working with the TTMA to promote the relief drive.

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This week, we at Bourse review the performance of two companies within the Manufacturing Sector – West Indian Tobacco Company Ltd (WCO) and Angostura Holdings Ltd (AHL) – for the nine-month( 9m) period ended September 30, 2019. Both WCO and AHL’s performances benefited from modest revenue growth, combined with measurable cost management. We discuss the performance of both companies and provide an outlook.

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