Press Room Corporate News
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CIEL LIMITED REPORTS FINANCIAL RESULTS FOR THE PERIOD ENDED 31 MARCH 2020
21 May 2020The Covid crisis partially affected the Group nine months result especially in the hotel, textile, and healthcare clusters while the lower performance of Bank One has had a negative effect on the finance cluster. Group revenue for...
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CIEL LIMITED REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED 30 SEPTEMBER 2019
14 Nov 2019Group revenue for the quarter ended 30 September 2019 increased by 3% to MUR 6.27bn (2018: MUR 6.09bn) while EBITDA rose to MUR 728M (2018: MUR 616M). Excluding the effect of IFRS 16, EBITDA margin remained stable at 10%. The Grou...
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CIEL LIMITED REPORTS FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2019
1 Oct 2019Group revenue for the year ended 30 June 2019 rose by 7 % to MUR 24.21bn (2018: MUR 22.61bn) and Normalised Earnings before Interest, Taxes, Depreciation and Amortisation (‘EBITDA’) recorded a double-digit increase of 17% to reach...
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CIEL LIMITED REPORTS FINANCIAL RESULTS FOR THE NINE MONTHS ENDED 31 MARCH 2019
15 May 2019The comparative March 2018 figures were restated mainly to reflect the correct accounting treatment for sale and finance leaseback transactions of the IHS rooms in the Hotels & Resorts cluster. CIEL Group presents an improved ...
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