Morning Light Co Ltd Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2016
Morning Light Co Ltd. reported unaudited earnings results for the first quarter ended March 31, 2016. For the quarter, revenue was MUR 143,298,520 against MUR 115,477,273 a year ago. Operating profit was MUR 12,878,373 against operating loss of MUR 8,521,976 a year ago. Profit before taxation was MUR 5,232,186 against loss before taxation of MUR 15,305,373 a year ago. Profit for the period was MUR 5,232,186 or MUR 0.11 per share against loss for the period of MUR 15,305,373 or MUR 0.33 per share a year ago. Net cash generated from operating activities was MUR 24,397,805 against net cash generated used in operating activities of MUR of 3,513,368 a year ago.