Reported Earnings • May 20
First quarter 2026 earnings released: EPS: TT$1.19 (vs TT$1.11 in 1Q 2025) First quarter 2026 results: EPS: TT$1.19 (up from TT$1.11 in 1Q 2025). Revenue: TT$103.3m (down 2.0% from 1Q 2025). Net income: TT$47.3m (up 7.8% from 1Q 2025). Profit margin: 46% (up from 42% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 26% per year. 공시 • May 11
Point Lisas Industrial Port Development Corporation Limited, Annual General Meeting, Jul 17, 2026 Point Lisas Industrial Port Development Corporation Limited, Annual General Meeting, Jul 17, 2026, at 10:00 SA Western Standard Time. Location: tbd, Trinidad & Tobago 공시 • May 02
Point Lisas Industrial Port Development Corporation Limited announces Annual dividend, payable on June 01, 2026 Point Lisas Industrial Port Development Corporation Limited announced Annual dividend of TTD 0.4100 per share payable on June 01, 2026, ex-date on May 11, 2026 and record date on May 12, 2026. Board Change • Jul 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Chairman Annette Wattie was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Apr 30
Point Lisas Industrial Port Development Corporation Limited, Annual General Meeting, Jun 25, 2025 Point Lisas Industrial Port Development Corporation Limited, Annual General Meeting, Jun 25, 2025, at 13:00 SA Western Standard Time. Location: at the conference centre, plipdeco house, orinoco drive, point lisas Trinidad & Tobago Reported Earnings • Nov 16
Third quarter 2024 earnings released: EPS: TT$3.53 (vs TT$0.37 in 3Q 2023) Third quarter 2024 results: EPS: TT$3.53 (up from TT$0.37 in 3Q 2023). Revenue: TT$99.8m (up 5.5% from 3Q 2023). Net income: TT$139.1m (up TT$124.7m from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 07
Second quarter 2024 earnings released: EPS: TT$0.02 (vs TT$0.009 in 2Q 2023) Second quarter 2024 results: EPS: TT$0.02 (up from TT$0.009 in 2Q 2023). Revenue: TT$95.9m (up 9.0% from 2Q 2023). Net income: TT$704.0k (up 103% from 2Q 2023). Profit margin: 0.7% (up from 0.4% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • May 10
First quarter 2024 earnings released: EPS: TT$1.03 (vs TT$0.85 in 1Q 2023) First quarter 2024 results: EPS: TT$1.03 (up from TT$0.85 in 1Q 2023). Revenue: TT$89.4m (up 3.4% from 1Q 2023). Net income: TT$40.6m (up 21% from 1Q 2023). Profit margin: 45% (up from 39% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year. Declared Dividend • Apr 08
Dividend reduced to TT$0.10 Dividend of TT$0.10 is 41% lower than last year. Ex-date: 7th May 2024 Payment date: 24th May 2024 Dividend yield will be 2.4%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (11% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 4.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 88% to shift the payout ratio to a potentially unsustainable range, which is more than the 20% EPS decline seen over the last 5 years. Reported Earnings • Apr 03
Full year 2023 earnings released: EPS: TT$1.33 (vs TT$1.10 in FY 2022) Full year 2023 results: EPS: TT$1.33 (up from TT$1.10 in FY 2022). Revenue: TT$366.5m (flat on FY 2022). Net income: TT$52.7m (up 21% from FY 2022). Profit margin: 14% (up from 12% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. New Risk • Feb 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Trinidadian or Tobagonian stocks, typically moving 4.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 31% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (4.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (TT$146.6m market cap, or US$21.6m). Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: TT$0.37 (vs TT$0.08 in 3Q 2022) Third quarter 2023 results: EPS: TT$0.37 (up from TT$0.08 in 3Q 2022). Revenue: TT$94.5m (up 7.7% from 3Q 2022). Net income: TT$14.4m (up 331% from 3Q 2022). Profit margin: 15% (up from 3.8% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Aug 06
Second quarter 2023 earnings released: EPS: TT$0.02 (vs TT$0.16 in 2Q 2022) Second quarter 2023 results: EPS: TT$0.02 (down from TT$0.16 in 2Q 2022). Revenue: TT$88.0m (down 2.2% from 2Q 2022). Net income: TT$346.0k (down 95% from 2Q 2022). Profit margin: 0.4% (down from 7.2% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • May 07
First quarter 2023 earnings released: EPS: TT$0.85 (vs TT$0.51 in 1Q 2022) First quarter 2023 results: EPS: TT$0.85 (up from TT$0.51 in 1Q 2022). Revenue: TT$86.4m (flat on 1Q 2022). Net income: TT$33.5m (up 67% from 1Q 2022). Profit margin: 39% (up from 23% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Upcoming Dividend • Apr 27
Upcoming dividend of TT$0.17 per share at 4.0% yield Eligible shareholders must have bought the stock before 04 May 2023. Payment date: 24 May 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Trinidadian or Tobagonian dividend payers (4.8%). Higher than average of industry peers (3.2%). Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to TT$3.55, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 17x in the Infrastructure industry in South America. Total returns to shareholders of 2.4% over the past three years. Reported Earnings • Nov 18
Third quarter 2022 earnings released: EPS: TT$0.08 (vs TT$0.17 in 3Q 2021) Third quarter 2022 results: EPS: TT$0.08 (down from TT$0.17 in 3Q 2021). Revenue: TT$87.8m (up 8.8% from 3Q 2021). Net income: TT$3.34m (down 50% from 3Q 2021). Profit margin: 3.8% (down from 8.3% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
No independent directors There are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 7 new directors. 1 experienced director. No highly experienced directors. No independent directors (8 non-independent directors). Director Ricardo Lewis is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 18
Second quarter 2022 earnings released: EPS: TT$0.16 (vs TT$0.16 in 2Q 2021) Second quarter 2022 results: EPS: TT$0.16 (vs TT$0.16 in 2Q 2021). Revenue: TT$90.0m (up 12% from 2Q 2021). Net income: TT$6.45m (up 3.6% from 2Q 2021). Profit margin: 7.2% (down from 7.8% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 30
Full year 2021 earnings released: EPS: TT$1.02 (vs TT$2.22 in FY 2020) Full year 2021 results: EPS: TT$1.02 (down from TT$2.22 in FY 2020). Revenue: TT$320.1m (up 4.4% from FY 2020). Net income: TT$40.1m (down 54% from FY 2020). Profit margin: 13% (down from 29% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
No independent directors There are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 7 new directors. 1 experienced director. No highly experienced directors. No independent directors (8 non-independent directors). Director Ricardo Lewis is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Apr 02
Full year 2021 earnings released: EPS: TT$1.02 (vs TT$2.22 in FY 2020) Full year 2021 results: EPS: TT$1.02 (down from TT$2.22 in FY 2020). Revenue: TT$320.1m (up 4.4% from FY 2020). Net income: TT$40.1m (down 54% from FY 2020). Profit margin: 13% (down from 29% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Nov 13
Third quarter 2021 earnings released: EPS TT$0.17 (vs TT$0.34 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: TT$80.7m (down 1.5% from 3Q 2020). Net income: TT$6.70m (down 50% from 3Q 2020). Profit margin: 8.3% (down from 16% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 14
Second quarter 2021 earnings released: EPS TT$0.16 (vs TT$0.25 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: TT$80.1m (up 15% from 2Q 2020). Net income: TT$6.22m (down 36% from 2Q 2020). Profit margin: 7.8% (down from 14% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • May 22
First quarter 2021 earnings released: EPS TT$0.52 (vs TT$1.33 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: TT$75.6m (down 1.2% from 1Q 2020). Net income: TT$20.7m (down 61% from 1Q 2020). Profit margin: 27% (down from 68% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 8% per year. Upcoming Dividend • Apr 28
Upcoming dividend of TT$0.11 per share Eligible shareholders must have bought the stock before 05 May 2021. Payment date: 24 May 2021. Trailing yield: 3.7%. Within top quartile of Trinidadian or Tobagonian dividend payers (3.7%). Lower than average of industry peers (4.9%). Reported Earnings • Apr 03
Full year 2020 earnings released: EPS TT$2.21 (vs TT$2.92 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: TT$306.5m (down 2.4% from FY 2019). Net income: TT$87.5m (down 24% from FY 2019). Profit margin: 29% (down from 37% in FY 2019). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 06
New 90-day low: TT$3.00 The company is down 4.0% from its price of TT$3.12 on 04 December 2020. The Trinidadian or Tobagonian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Infrastructure industry, which is up 2.0% over the same period. Executive Departure • Mar 04
Corporate Secretary has left the company On the 1st of March, Michael Phillip's tenure in the role of Corporate Secretary ended. We don't have any record of a personal shareholding under Michael's name. Michael is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Nov 18
New 90-day low: TT$3.00 The company is down 3.0% from its price of TT$3.10 on 20 August 2020. The Trinidadian or Tobagonian market is also down 3.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Infrastructure industry, which is up 4.0% over the same period. Reported Earnings • Nov 09
Third quarter 2020 earnings released: EPS TT$0.34 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: TT$81.9m (up 9.9% from 3Q 2019). Net income: TT$13.3m (up 267% from 3Q 2019). Profit margin: 16% (up from 4.8% in 3Q 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year.