Bloomberg News

Ciel Textile Earns 40% of Profits From Asia, CEO Mayer Says

July 18, 2012

Ciel Textile Ltd. (FKL), a company with operations in Mauritius, Madagascar, India and Bangladesh, said its activities in the latter two countries are the most profitable, according to Business Magazine.

Asia “represents 27 percent of our turnover and 40 percent of our profits,” Chief Executive Officer Harold Mayer told the Port Louis-based publication.

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


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