New Mauritius Hotels Ltd. (NMH), the Indian Ocean island nation’s biggest leisure operator by market value, said its loss widened in the third quarter and expects trading conditions to worsen.
The loss increased 33 percent to 177 million rupees ($6 million) in the three months through June from the previous quarter, it said in a statement on the Port Louis-based Stock Exchange of Mauritius’s website today. Revenue rose 9.7 percent to 1.59 billion rupees, it said.
Categories: Mauritius