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Tag "financial results"

[Video] With a market cap of $450m, Grit delivers 8,5% yield for period ending June 2018

For the financial year ending June 2018, with a market cap of $450m, Grit Real Estate Income Group delivers 8,5% yield, stated its CEO Bronwyn Corbett. She further states that the company is trying to deliver a dividend of at least 8.5% and a Net Asset Value of at least 12.0% per annum. The company presented its annuals results on Tuesday 9th of October, 2018, at Hennesy Psrk, Ebene. The

[Vidéo] Des pertes de près de Rs 1 milliard forcent Air Mauritius à revoir son business model

Le manque de vigueur de l’euro vis-à-vis du dollar et de la roupie a coûté cher à la compagnie d’aviation nationale. Ajoutée à cela, les nouvelles dessertes se sont avérées moins rentables que prévues, faute d’un nombre suffisant de passagers. Tandis que les dépenses salariales ont continué à croître. C’est une combinaison de facteurs qui conduit ainsi Air Mauritius à enregistrer une perte de EUR 23,7 millions (près de Rs 1 milliard) durant

Mauritius’ Lux* Resorts posts four-fold rise in half-year profits

Mauritius leading hospitality major Lux* Resort Group showed a four-fold rise in post-tax profits to Rs 126.99 million for the half year ended December 31, 2013 compared to Rs 29.70 million for the year-ago period. Also, the turnover of the group for the six months ended 31st December 2013 reached Rs 2 billion, a growth of 13% on last year. The improved financial results were powered by increased tourist arrivals

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