The So­lis group yes­ter­day de­clared af­ter-tax prof­it of $1.57 mil­lion for the three months end­ed Ju­ly 31, 2026, a 29 per cent in­crease com­pared to the $1.22 mil­lion the print­ing equip­ment ven­dor de­clared for the same pe­ri­od last year.

The group’s rev­enue was flat with sales of $12.52 mil­lion for its first quar­ter of 2027 com­pared to $12.56 mil­lion for the cor­re­spond­ing pe­ri­od a year ear­li­er.

The com­pa­ny, which is list­ed as an SME on the Trinidad and To­ba­go Stock Ex­change (TTSE), re­port­ed that its cap­i­tal and re­serves to­talled $33.25 as at Ju­ly 31, a 5.85 per cent in­crease over the first quar­ter 2025 num­ber.

So­lis chair, An­gel­la Per­sad said in her re­port that the group’s move to amal­ga­mate Busi­ness Equip­ment and In­te­ri­ors, which it ac­quired in 2025, with So­lis, legal­ly and op­er­a­tional­ly, was well in train.

The ac­qui­si­tion is ex­pect­ed to pro­pel the prof­itabil­i­ty of So­lis fur­ther for the re­main­der of its 2027 fi­nan­cial year and be­yond, said Per­sad.

She an­nounced that share­hold­ers of the com­pa­ny, on record as at Sep­tem­ber 23, would re­ceive an in­ter­im div­i­dend of $0.08 per share based on the re­sults of the first quar­ter. The div­i­dend is due to be paid on Sep­tem­ber 30.

“This is the sev­enth con­sec­u­tive quar­ter that we are pay­ing a div­i­dend and will rep­re­sent div­i­dends paid to share­hold­ers of ap­prox­i­mate­ly $5.17 mil­lion since the list­ing of the com­pa­ny on the TTSE on Sep­tem­ber 9, 2024,” the So­lis chair said.