Medine Limited Reports Earnings Results for the Second Quarter Ended December 31, 2019
February 10, 2020 at 09:33 am EST
Medine Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was MUR 471.033 million compared to MUR 337.993 million a year ago. Operating loss was MUR 38.066 million compared to MUR 58.164 million a year ago. Net loss was MUR 93.222 million compared to MUR 75.908 million a year ago. For the half year, sales was MUR 877.916 million compared to MUR 800.951 million a year ago. Operating loss was MUR 29.107 million compared to MUR 11.171 million a year ago. Net income was MUR 5.069 million compared to MUR 39.107 million a year ago. Basic earnings per share was MUR 0.05 compared to MUR 0.37 a year ago. Basic earnings per share from continuing operations was MUR 0.07 compared to MUR 0.31 a year ago.