TTNGL returns to profitability
Business
Finance
June 2, 2026
Share this article
Click to view full size
Trinidad and Tobago NGL Limited (TTNGL) returned to profitability in 2025, reporting an after-tax profit of $224.3 million for the year ended December 31, 2025, a significant turnaround from the $119.4 million loss recorded in 2024.
The performance was driven by stronger earnings from Phoenix Park Gas Processors Ltd (PPGPL), in which TTNGL holds a 39 per cent stake, and a reversal of impairment provisions linked to the investment.
TTNGL, an investment holding company whose primary source of income is its shareholding in PPGPL, reported earnings per share of $1.45 for 2025, compared with a loss of $0.77 per share a year earlier.
Business
Finance
Share this article
Comments (0)
Download our mobile app
The portable companion to gazettE. Get notifications, track read articles, and more. The latest news from Trinidad and Tobago, in one place.
