Prestige Holdings reports $51m profit - Trinidad and Tobago Newsday

Prestige Holdings reports 51% rise in half-year profit

RESTAURANT management company Prestige Holdings Ltd, the target of an acquisition attempt by conglomerate Agostini Ltd, yesterday reported a 51.2% increase in profit for the half year compared to the corresponding period last year.

Prestige Holdings reports $51m profit - Trinidad and Tobago Newsday

PRESTIGE Holdings Ltd (PHL), parent company to KFC, Subway, Pizza Hut, TGI Fridays and Starbucks franchises, has recorded a profit before tax of $51 million for the first six months of the 2025 financial year. This surpasses the profit recorded in the same period last year of $35 million, an increase of 46 per cent. In its consolidated unaudited financial results for the period ended May 31, Prestige Holding recorded a profit after tax of $35 mi…