Hotelest Limited Reports Earnings Results for the Second Quarter Ended June 30, 2019
Hotelest Limited announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was MUR 707.524 million compared to MUR 683.012 million a year ago. Operating loss was MUR 124.766 million compared to MUR 126.265 million a year ago. Net loss was MUR 92.616 million compared to MUR 111.209 million a year ago. Basic loss per share was MUR 1.66 compared to MUR 1.99 a year ago. For the half year, sales was MUR 1,907.317 million compared to MUR 1,992.311 million a year ago. Operating income was MUR 212.585 million compared to MUR 262.948 million a year ago. Net income was MUR 48.099 million compared to MUR 53.117 million a year ago. Basic earnings per share was MUR 0.86 compared to MUR 0.95 a year ago.