Bourse reviews the latest financial results of Sagicor Financial Corporation Ltd (SFC) and Massy Holdings Ltd (MASSY).
it says SFC’s market price has advanced 16.7 per cent year-to-date, while MASSY has declined marginally by 1.0 per cent.
Bourse says SFC reported fully diluted Earnings per Share from continuing operations of TT$0.29 for the first quarter ended March 31, 13.2 per cent higher when compared to the prior period in 2016.
SFC’s Total Revenue advanced by TT$122.8m (6.9 per cent).
Meanwhile Massy Holdings Limited reported a diluted earnings per share of $2.59 for the six month period ended March 31st. According to Bourse, this is an improvement of 2.4%, compared to the corresponding period last year.
Total revenue increased 1.5% while operating profit declined by 2%. Massy also generated $30.7 M from share of results of associate and joint ventures as opposed to a net loss in this item for the prior comparable period.
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