TCL Group has announced a substantial quarterly profit of $86 million for the period ending September 30, as revealed in its consolidated interim financial report published on the Trinidad and Tobago Stock Exchange’s website. This marks a notable increase compared to the $34.6 million profit recorded during the same period the previous year. The surge in earnings is attributed to heightened revenues, strategic cost optimization measures, and improved market conditions. For the quarter, the group generated $607 million in revenue, up from $522.4 million in the prior year, while operating earnings soared to $149.5 million from $43.8 million. Earnings before tax also saw a significant rise, reaching $141 million compared to $43.7 million in 2024. The directors, Chairman David G. Inglefield and Managing Director Francisco Aguilera Mendoza, highlighted robust sales in Jamaica and Guyana, alongside favorable regional pricing, as key drivers of this growth. These gains offset weaker domestic sales in Trinidad and Tobago. Approximately 88% of the profit increase stemmed from Jamaica’s operations, with Trinidad and Tobago, Guyana, and Barbados each contributing 4%. The group also benefited from a strategic restructuring program implemented in 2025, which reduced administrative expenses. However, the group faced challenges, including the adverse impact of Hurricane Beryl, which affected operations in St. Vincent and the Grenadines and Jamaica in 2024. Despite the strong quarterly performance, TCL Group reported a decline in annual profits for the year ending September 30, 2025, with profits dropping to $159.6 million from $210.6 million the previous year. This was due to lower sales in Trinidad and Tobago and increased expenses related to fixed asset impairments and restructuring costs in Barbados. Nevertheless, the group’s revenue for the year rose to $1.8 billion from $1.7 billion, driven by growth in Jamaica and Guyana.