Morning Light Co Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MUR 0.342104 million compared to MUR 141.99 million a year ago. Net loss was MUR 49.04 million compared to net income of MUR 7.71 million a year ago. Basic loss per share from continuing operations was MUR 1.07 compared to basic earnings per share from continuing operations of MUR 0.17 a year ago.
For the nine months, sales was MUR 202.27 million compared to MUR 358.93 million a year ago. Net loss was MUR 63.33 million compared to MUR 15.2 million a year ago. Basic loss per share from continuing operations was MUR 1.38 compared to MUR 0.33 a year ago.