Hotelest Limited Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 12:28 pm IST
Hotelest Limited announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was MUR 93.235 million compared to MUR 596.618 million a year ago. Operating loss was MUR 298.524 million compared to MUR 202.876 million a year ago. Net loss was MUR 187.518 million compared to MUR 148.193 million a year ago. Basic loss per share from continuing operations was MUR 3.35 compared to MUR 2.65 a year ago. For the nine months, sales was MUR 1,223.432 million compared to MUR 2,503.935 million a year ago. Operating loss was MUR 481.146 million compared to operating Income of MUR 9.709 million a year ago. Net loss was MUR 426.118 million compared to MUR 100.094 million a year ago. Basic loss per share from continuing operations was MUR 7.62 compared to MUR 1.79 a year ago.