Profits increase; youths not deterred
Jump to full article: Trinidad Express (tt), 2007-08-06
Author: Kimberly Castillo
Intro: THE dangers of smoking and the high cost of cigarettes have not deterred people from the habit.
The ban on smoking in Government offices hasn't stopped people either, not when the urge for nicotine kicks in.
Managing director of the West Indian Tobacco Company (Witco), Jean-Pierre Du Coudray, told the Express that a combination of different parts of the company working efficiently translated into the ten per cent increase in profit the company reported for the first six months ended June 30.
This was an after-tax profit of $78.8 million for the period.
Du Coudray said in a telephone interview on Friday that the increase in profit referred not just to Trinidad and Tobago, but the regional market.
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