Promotion and Development Ltd reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was MUR 162.44 million compared to MUR 145.85 million a year ago. Net loss was MUR 21.22 million compared to MUR 3.12 million a year ago. Basic loss per share from continuing operations was MUR 0.54 compared to MUR 0.08 a year ago.
For the nine months, sales was MUR 582.05 million compared to MUR 507.46 million a year ago. Net income was MUR 188.85 million compared to MUR 229.82 million a year ago. Basic earnings per share from continuing operations was MUR 4.85 compared to MUR 5.9 a year ago.