INTERIM CONDENSED UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 DECEMBER 2017
The Group realised an increase of 8% in net operating income from continuing operations against the same period last year to reach MUR364.5m. Net operating income has increased for the Finance and Property clusters, up 11% and 7% respectively.
Profit after tax (PAT) from continuing operations declined by MUR10m (-12%) from MUR81m to MUR71m mainly due to an increase in costs associated with the Group’s African investments.
The continuing Mauritian operations (Finance and Property) showed an increase in PAT of MUR11m (+12%).