Angostura Holdings Limited Reports Audited Consolidated Financial Results for the Fourth Quarter and Year Ended December 31, 2016
March 30, 2017
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Angostura Holdings Limited reported audited consolidated financial results for the fourth quarter and year ended December 31, 2016. For the quarter, revenue was TTD 162.276 million against TTD 215.391 million for the same period a year ago. Profit from operating activities was TTD 33.548 million against TTD 83.122 million a year ago. Profit from continuing operations was TTD 33.517 million against TTD 82.962 million a year ago. Group profit before tax was TTD 37.248 million against TTD 85.086 million for the same period a year ago. Profit attributable to owners of the company was TTD 27.683 million against TTD 63.883 million for the same period a year ago. Basic earnings per share were TTD 0.13 against TTD 0.31 for the same period a year ago.
For the year, revenue was TTD 620.469 million against TTD 649.409 million for the same period a year ago. Profit from operating activities was TTD 172.982 million against TTD 212.718 million a year ago. Profit from continuing operations was TTD 172.443 million against TTD 211.47 million a year ago. Group profit before tax was TTD 171.405 million against TTD 217.99 million for the same period a year ago. Profit attributable to owners of the company was TTD 121.957 million against TTD 163.672 million for the same period a year ago. Basic earnings per share were TTD 0.59 against TTD 0.80 for the same period a year ago. Net cash flow from operating activities was TTD 213.901 million against TTD 124.926 million a year ago.
Angostura Holdings Limited is a holding company. The Company's subsidiaries are engaged in the manufacture and sale of rum, Angostura aromatic bitters and other spirits, and the bottling of alcoholic and other beverages on a contract basis. The Company's Rum segment manufactures and sells consumer alcohol products. Its Bitters segment manufactures and sells Angostura aromatic bitters. Its LLB sells and distributes Angostura Lemon, Lime and Bitters. Its Bulk segment manufactures and sells bulk concentrate products such as current distillate (CD), blends, and bulk bitters. Its Other segment consists of both locally manufactured and imported products for sale such as Wines, liquors and other branded Spirits. It offers drinks, such as Angostura 1824, Angostura 1787, Angostura 1919, Angostura 7-year-Old rum, Angostura 5year Old rum, Angostura Reserva, Angostura Single Barrel and Tamboo, White Oak, and its array of flavors include sorrel, coconut, watermelon, pink grapefruit, and pineapple.
ANGOSTURA HOLDINGS LIMITED 
