Angostura Holdings Limited Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2018
July 27, 2018 at 04:16 pm EDT
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Angostura Holdings Limited reported consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported revenue of TTD 130.9 million compared to TTD 128.8 million, results from operating activities of TTD 25.4 million compared to TTD 36.6 million, results from continuing operations of TTD 26.5 million compared to TTD 36.9 million, group profit before tax of TTD 27.7 million compared to TTD 37.6 million and profit attributable to owners of company of TTD 19.8 million or TTD 0.10 per basic share compared to TTD 26.8 million or TTD 0.13 per basic share a year ago.
For the six months, the company reported revenue of TTD 260.4 million compared to TTD 240.9 million, results from operating activities of TTD 65.9 million compared to TTD 59.4 million, results from continuing operations of TTD 67.8 million compared to TTD 60.1 million, group profit before tax of TTD 69.1 million compared to TTD 61.0 million and profit attributable to owners of company of TTD 48.2 million or TTD 0.23 per basic share compared to TTD 42.9 million or TTD 0.21 per basic share 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 
