May 21, 2020 / 8:39 AM / 15 days ago

BRIEF-CIEL Ltd Says Nine Months EBITDA Was MUR2,780 Mln

May 21 (Reuters) - CIEL Ltd:

* CIEL LTD - GROUP REVENUE FOR NINE MONTHS UNDER REVIEW STOOD AT MUR 18.9 BILLION (2019: MUR 18.5 BILLION)

* CIEL LTD - FOR NINE MONTHS EBITDA WAS AT MUR 2,780MLN (2019: MUR 2,653 MILLION)

* CIEL LTD - HOTEL AND TEXTILE SEGMENTS HAVE BEEN SEVERELY AFFECTED BY CORONAVIRUS OUTBREAK

* CIEL - UPCOMING Q4 RESULTS OF CLUSTER TO BE SIGNIFICANTLY IMPACTED BY LOCKDOWN IN APRIL & PART OF MAY AS WELL AS SIGNIFICANTLY REDUCED SHIPMENTS

* CIEL- IN VIEW OF CURRENT CRISIS, MANAGEMENT WILL BE CONDUCTING IMPAIRMENT TESTS IN Q4 ON CARRYING VALUES OF ASSETS OF EACH CLUSTER OF GROUP Source text : bit.ly/2ylncUJ Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below