Beachcomber Hospitality Investments Posts Profit of Over €2 Million

Beachcomber Hospitality Investments Ltd and its subsidiaries have reported a rise in revenue and profitability. The group is expecting a better performance this year.

For the first half of the year, the company recorded rental income of €12 million and a net profit of €4.1 million.

The hospitality properties in Mauritius, leased to its holding company and operated under the Beachcomber brand, generated rental income of €7.5 million and a net profit of €2.2 million for the period.

Prospects

Management is optimistic about the group’s prospects, stating that “the group is expected to post better results for the financial year ending June 30, 2025, with a possible reduction in borrowing costs.”

As per Financial report of Beachcomber Hospitality Investments Ltd and its subsidiaries (published this week)

Source: Defi Media