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Chamber, TTMA pleased with phased reopening

Chamber, TTMA pleased with phased reopening
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Prestige Holdings incurs 8 per cent loss in covid19 lockdown

Prestige Holdings incurs 8 per cent loss in covid19 lockdown FILE PHOTO: KFC at the South Park shopping centre in San Fernando. - Lincoln Holder Prestige Holdings Ltd has recorded an eight per cent decrease in sales for the first six months of 2021. In its unaudited consolidated financial statement for the period ending May 31, chairman Christian Mouttet said the loss was greater than 2020 for the same period. “For the first six months of 2021, group sales decreased by eight per cent to $393 million from $428 million in the prior year, and this resulted in a loss before tax of $19.8 million compared to a loss of $7.1 million for the same period in 2020.

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