Harel Mallac Q1 profit declines

12 years, 11 months ago - May 11, 2011

Harel Mallac & Co., a Mauritian investment company, said first-quarter profit fell to 900,000 Mauritian rupees ($32,688) from 9.7 million rupees a year earlier.

Revenue increased to 737.1 million rupees in the three months through March from 694.8 million rupees previously, the Port Louis-based company said in a statement published on the website of the Mauritius Stock Exchange today.

Text by Bloomberg

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