None
EN
Prestige serves up $59.2m in profits
['Ryan Hamilton-Davis', 'Clint Chan Tack', 'Jada Loutoo', 'Rishard Khan', 'Laurel V Williams', 'Janelle De Souza']
Trinidad and Tobago Newsday
Prestige serves up $59.2m in profitsThe Subway branch on Independence Square, Port of Spain.
The profits were more than $10 million higher than the results for the same period the year before when it earned $49 million in profits after tax.
The financial results came weeks after Agostini Ltd completed the requirements for an acquisition of Prestige Holdings through a share swap where Agostini will trade one of its shares for every 4.8 Prestige Holdings shares.
He said during the third quarter Prestige Holdings completed a major remodel of the Subway restaurant in St James.
It also has plans outside of Caricom as it signed a development incentive agreement with Pizza Hut International in August, giving it the rights to develop and operate Pizza Hut restaurants in Panama.