Medine Limited Reports Earnings Results for the Second Quarter Ended December 31, 2020
February 09, 2021 at 09:32 am EST
Medine Limited announced earnings results for the second quarter ended December 31, 2020. For the second quarter, the company announced sales was MUR 267.766 million compared to MUR 471.033 million a year ago. Operating loss was MUR 69.431 million compared to MUR 38.066 million a year ago. Net loss was MUR 26.095 million compared to MUR 93.222 million a year ago. For the half year, sales was MUR 587.188 million compared to MUR 960.306 million a year ago. Operating loss was MUR 132.359 million compared to MUR 29.169 million a year ago. Net loss was MUR 78.014 million compared to net income of MUR 5.069 million a year ago. Basic loss per share was MUR 0.84 compared to basic earnings per share of MUR 0.05 a year ago. Basic loss per share from continuing operations was MUR 0.69 compared to basic earnings per share from continuing operations of MUR 0.07 a year ago.