Bloomberg News

ENL Commercial Mauritius Rises to 1-Month High as Profit Triples

October 03, 2011

Oct. 3 (Bloomberg) -- ENL Commercial Ltd., a Mauritian company with interests in motor dealership and manufacturing, rose to the highest in a month after saying profit more than tripled in the year through June.

The stock gained 0.2 rupee, or 0.8 percent, to 26.20 rupees by the 1:30 p.m. close in Port Louis, the capital, the strongest closing level since Sept. 1

Net income increased to 85 million rupees ($3 million) from 26.6 million rupees a year earlier, ENL Commercial said in a statement published today on the Stock Exchange of Mauritius’s website.

--Editors: Ana Monteiro, Peter Branton

-0- Oct/03/2011 09:40 GMT

To contact the reporter on this story: Kamlesh Bhuckory in Port Louis via Johannesburg at gbell16@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin in Johannesburg at asguazzin@bloomberg.net


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