Terra Mauricia Ltd. announced unaudited group earnings results for the second quarter and six months ended June 30, 2012. For the quarter, the company reported turnover of MUR 692.1 million compared to MUR 711.7 million a year ago. Operating loss was MUR 85.3 million compared to MUR 0.6 million a year ago. Loss before taxation was MUR 49.1 million compared to profit before taxation of MUR 33.5 million a year ago. Loss attributable to owners of the parent company was MUR 82.4 million or MUR 0.36 per share compared to MUR 21.8 million or MUR 0.10 per share a year ago. Net cash from operating activities was MUR 205 million compared to net cash used in operating activities of MUR 334.4 million a year ago.

For the six months, the company reported turnover of MUR 1,339.5 million compared to MUR 1,386.3 million a year ago. Operating loss was MUR 123.3 million compared to MUR 14.4 million a year ago. Loss before taxation was MUR 72.7 million compared to MUR 6.4 million a year ago. Loss attributable to owners of the parent company was MUR 125 million or MUR 0.55 per share compared to MUR 81.2 million or MUR 0.36 per share a year ago. Net cash from operating activities was MUR 432.9 million compared to net cash used in operating activities of MUR 51.6 million a year ago.