Jul 31, 2014 | Business
Mauritius-based luxury hotel group Sun Resorts saw its loss before tax swell to Rs 118.49 million for the half-year ended June 30, 2014 against Rs 112.53 million in the corresponding period of 2013, even as quarterly loss narrowed to Rs 143.02 million against Rs...
May 15, 2014 | Business
Mauritius’ financial services major Mauritius Commercial Bank (MCB) declared group profits before tax of Rs 3.96 billion for the nine months to March 31, 2014, growing nearly 3.4% over the year-ago period. Despite the testing economic environment and unfavorable...
Feb 18, 2014 | Business
CIEL Limited, formed of the amalgamation of CIEL Investments Ltd (CIL) into Deep River Investment Limited (DRI), witnessed a 75.4% rise in profits to Rs 377.7 million for the half year ended December 31 against Rs 215.3 million a year ago. However, the last quarter...
Feb 18, 2014 | Business
Mauritius-based logistics and retail major Ireland Blyth Limited (IBL) saw revenue up 5% to Rs 10.3 billion but could only notch a marginal 2.85% rise in profit after tax to Rs 389.5 million for the half year ended December 2013. Also, for the quarter ended December...
Feb 17, 2014 | Business
Mauritius’ financial services major MCB declared group profits before tax of Rs 2.99 billion for the half year to 31st December, growing nearly 12.5% over the year-ago period. MCB, the biggest bank by market value in east Africa and the Indian Ocean region, noted in...