Mar 2006 Financial News

Prestige Holdings releases Year End Results

Mar 01, 2006

Prestige Holdings Limited has reported earnings per share of 46.44 cents for the year ended November 30, 2005. This is an increase of 18.80 per cent over the previous year's earnings of 39.09 cents.

Sales increased 20.15 per cent to $548.427 million while Gross Profit also increased 20.20 per cent to $178.641 million. The Company's strong performance continues to be driven by the leadership position it holds in the restaurant sectors of the Trinidad market.

Look out for a detailed analysis of these results in the WISE Weekly Report.

Sreshtha Tewari
WISE Research Team