Jul 2015 Financial News

Witco reports $327 million profit

Jul 29, 2015

THE West Indian Tobacco Company Limited (Witco) has reported a profit of $327.1 million before tax for the period ended June 39 2015. This information was disclosed by Witco chairman Anthony Phillip in the company’s unaudited financial statements for this period.

Phillip said this represented an increase of 10.5 percent over the corresponding period last year.

The profit after taxation for this period was $241.1 million, reflecting an increase of eight percent over the same period in 2014.

The board of directors of Witco have accordingly approved the payment of a second interim dividend of $1.26 per ordinary share payable on August 26, to shareholders of record at the close of business on August 7.

Source:
Newsday
Wednesday July 29, 2015

http://www.newsday.co.tt/business/0,214841.htm
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