New Mauritius Hotels Expects Trading Conditions To Worsen

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.

 

Read more

 

Categories: Mauritius

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.