Medine Limited Reports Earnings Results for the Third Quarter Ended March 31, 2019
May 13, 2019 at 09:31 pm EDT
Medine Limited announced earnings results for the third quarter ended March 31, 2019. For the third quarter, the company announced sales was MUR 347.881 million compared to MUR 229.513 million a year ago. Operating loss was MUR 24.421 million compared to MUR 169.906 million a year ago. Net income was MUR 43.599 million compared to net loss of MUR 228.122 million a year ago. For the nine months, sales was MUR 1,465.123 million compared to MUR 1,387.782 million a year ago. Operating loss was MUR 6.187 million compared to MUR 237.136 million a year ago. Net income was MUR 82.706 million compared to net loss of MUR 358.472 million a year ago. Basic earnings per share was MUR 0.79 compared to basic loss per share of MUR 3.41 a year ago.