Promotion and Development Ltd reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was MUR 163.54 million compared to MUR 124.51 million a year ago. Net income was MUR 54.03 million compared to MUR 295.95 million a year ago. Basic earnings per share from continuing operations was MUR 1.39 compared to MUR 7.6 a year ago.
For the six months, sales was MUR 361.61 million compared to MUR 309.98 million a year ago. Net income was MUR 232.93 million compared to MUR 383.45 million a year ago. Basic earnings per share from continuing operations was MUR 5.98 compared to MUR 9.85 a year ago.