PORT LOUIS, May 14 (Reuters) - Mauritius-based conglomerate Rogers reported on Thursday a 44.1 percent jump in pretax profit to 748 million rupees ($22 million) in the nine months to end-March, driven by better performance from its hospitality sector.
Rogers, which has interests in the Indian Ocean island nation’s financial, property and aviation sectors, said it expected a significantly improved result for the year to June.
“Group revenue for the nine months to March 2015 totalled 5.3 billion rupees from 4.5 billion a year ago underpinned by an increase in villa sales,” Rogers said in a statement.
Earnings per share rose to 1.46 rupees from 1.33 rupees a year earlier. The stock closed at 30.50 rupees on Thursday, up from 29.70 rupees on the previous day.
$1 = 34.7000 Mauritius rupees Reporting by Jean Paul Arouff; Editing by James Macharia