Cim Group has delivered a commendable performance during the financial year 2018/2019 with a Group PAT of MUR 382.7m (2018: MUR 352.1m after discontinued activities). Our finance segment has registered growth of 22% and 14% net operating income and PAT respectively, as compared to last year, and the asset book has increased by 22%, which puts us on the right track for continued growth in the future.

Financial Highlights

Cim Finance has had a very strong year financially. Group net operating income increased by 28% from MUR 1.4bn in financial year (FY) 2018 to MUR 1.8bn in FY 2019. Profit before discontinued operations (Cim Property) increased by 34% from MUR 273.4m in FY18 to MUR 366.9m in FY19, with total Group profit after tax increasing by 9% from MUR 352.1m to MUR 382.7m over the same period.
Extract from Group CEO'S Outlook

Annual Reports

Based on the strategic review of the Group which we completed in the 2018 financial year, we decided that Cim Group would be focussed on non-bank financial services. The decision to separately list our property business, now Lavastone Ltd, on the Development and Enterprise Market (‘DEM’) in January 2019 was made in this context.
As stated in last year’s CEO review, at a Group level we also made the decision not to pursue a banking opportunity. We decided that Cim will focus on the development of its core consumer finance business in Mauritius and the region, as well on strengthening our leasing, credit card and factoring propositions. We feel that Cim Finance Ltd is uniquely positioned in the Mauritian market to leverage its strengths in the retail mass market and the SME market. This is particularly the case with its consumer finance proposition where we provide access to finance to more than 260,000 active Mauritian clients.
We have leveraged our investment in Mauritian Eagle Leasing Company Limited (MELCO) acquired from IBL in August 2018 to strengthen our leasing business and as a result we are now the second largest leasing company in Mauritius. MELCO’s leasing portfolio client base and the capabilities of its team have complemented those of Cim Finance Ltd.

Cim Group’s Annual Report 2018
Annual Report 2019
Annual Report 2018
Annual Report 2017

Share Price Information


Return on Equity


Increase in
Total Assets


Earnings per share

Share Price (Rs)

Year ended 30 September 2018

Opening of period


End of period


Dividend per share

MUR0.67 (2017: MUR0.13)

Dividend yield

7.0% (2017: 7.1.4%)

Financial Information


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