Promotion and Development Ltd reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported sales was MUR 124.51 million compared to MUR 137.84 million a year ago. Net income was MUR 295.95 million compared to net loss of MUR 9.51 million a year ago. Basic earnings per share from continuing operations was MUR 7.6 compared to basic loss per share from continuing operations of MUR 0.24 a year ago.
For the six months, sales was MUR 309.98 million compared to MUR 269.66 million a year ago. Net income was MUR 383.45 million compared to net loss of MUR 0.278 million a year ago. Basic earnings per share from continuing operations was MUR 9.85 compared to basic loss per share from continuing operations of MUR 0.01 a year ago.