Mauritius Lux Rallies to 3-Week High on Rising Profit
February 10, 2012, 6:08 AM ESTBy Kamlesh Bhuckory
(Updates with closing share price in second paragraph.)
Feb. 10 (Bloomberg) -- Mauritius’s LUX Island Resorts Ltd., the country’s third-biggest leisure operator by market value, rose to a three-week high after announcing improved profit for its second quarter through December.
The stock gained 3.5 percent to 24 rupees at the close in Port Louis, the capital, its highest level since Jan. 17.
The leisure group announced after the stock market closed yesterday that operating profit for the second quarter rose 12 percent to 247 million rupees ($8.4 million), with a positive outlook for the financial year through June.
--Editors: Wojciech Moskwa, Robert Valpuesta.
To contact the reporter on this story: Kamlesh Bhuckory in Port Louis at kbhuckory@bloomberg.net
To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net
