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CORRECTED-BRIEF-Lux Island Resorts posts FY profit after tax of 507.7 mln rupees
August 28, 2017 / 6:01 AM / 22 days ago

CORRECTED-BRIEF-Lux Island Resorts posts FY profit after tax of 507.7 mln rupees

(Corrects headline to say profit after tax not “pretax profit”)

Aug 28 (Reuters) - LUX ISLAND RESORTS LTD:

* FY ENDED JUNE 2017 REVENUE OF 5.44 BILLION RUPEES VERSUS 5.16 BILLION RUPEES YEAR AGO

* FY PROFIT AFTER TAXATION OF 507.7 MILLION RUPEES VERSUS 418.5 MILLION RUPEES YEAR AGO

* SAYS BUSINESS CURRENTLY HELD FOR FIRST QUARTER ENDING SEPTEMBER 2017 IS SHOWING GOOD GROWTH ON LAST YEAR ACROSS ALL PROPERTIES

* WITH MALDIVES FULLY OPEN FOR BUSINESS THIS YEAR AND NOTWITHSTANDING CLOSURE OF LUX GRAND GAUBE THIS YEAR, THE CO ANTICIPATE GOOD GROWTH IN EBITDA Source: bit.ly/2wUwYtU Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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