TCL records $446m in revenue for q2, 2021
FILE PHOTO: Bags of TCL cement. -
THE Trinidad Cement Ltd (TCL) Group recorded $446 revenue from its operations for the second quarter of 2021. This information was contained in the group s condensed consolidated unaudited interim financial report for the six months ended June 30, 2021.
In the signed directors statement attached to the report, TCL said, Based on favourable financial results to date and our assessment of market demand, we are more optimistic about the outlooks for the rest of the year.
But, TCL continued, the resurgence of covid19 infection rates in other countries and resulting government mandated restrictions in those jurisdictions remain a concern which could affect the group s financial results. The outlook for the business will depend on the rate of vaccination, the achievement of herd immunity, the emergence of new waves of infection and the extent of government restrictions in response.
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