Barbadian conglomerate Goddard Enterprises Limited (GEL) has roared back from the COVID-19 pandemic shock with a record 200 per cent increase in after-tax profit for its 2022 financial year ending September 30.In its recently published consolidated audited financial highlights, the 100-year-old company established by the Goddard family from St John outlined that the post-pandemic recovery demonstrated the resilience of the group of companies which owns subsidiaries from South and Central America through to the Caribbean chain.After-tax profits of Goddard Enterprises hit $68.20 million, a significant improvement on the $22.06 million achieved last year.Chief executive officer Anthony Ali and chairman Charles Herbert also attributed the massive increase in profits to the significant turnaround in the performance of the Catering and Ground Handling Division due to the explosion in post-pandemic air travel.
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