Caudan Development Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was MUR 136.207 million compared to MUR 121.071 million a year ago. Operating income was MUR 11.772 million compared to MUR 20.314 million a year ago. Net loss was MUR 3.177 million compared to net income of MUR 14.117 million a year ago. Basic loss per share was MUR 0.002 compared to basic earnings per share of MUR 0.007 a year ago. For the half year, sales was MUR 266.130 million compared to MUR 238.144 million a year ago. Operating income was MUR 25.270 million compared to MUR 49.844 million a year ago. Net loss was MUR 1.139 million compared to net income of MUR 36.135 million a year ago. Basic loss per share was MUR 0.001 compared to basic earnings per share of MUR 0.018 a year ago.