Caudan Development Limited announced unaudited group and company earnings results for the second quarter and six months ended December 31, 2012. For the quarter, on group basis, the company reported revenue of MUR 126,156,000 compared to MUR 122,072,000 a year ago. Operating profit was MUR 29,953,000 compared to MUR 17,049,000 a year ago. Profit before income tax was MUR 15,471,000 compared to MUR 18,531,000 a year ago. Profit for the period attributable to owners of the parent company was MUR 13,257,000 compared to MUR 18,528,000 a year ago. Earnings per share were MUR 0.016 compared to MUR 0.023 a year ago. Adjusted earnings per share were MUR 0.016 compared to MUR 0.004 a year ago. Adjusted profit attributable to owners of the parent company was MUR 13,257,000 compared to MUR 3,049,000 a year ago.

For the six months, on group basis, the company reported revenue of MUR 249,368,000 compared to MUR 242,235,000 a year ago. Operating profit was MUR 64,539,000 compared to MUR 54,320,000 a year ago. Profit before income tax was MUR 33,966,000 compared to MUR 35,636,000 a year ago. Profit for the period attributable to owners of the parent company was MUR 28,707,000 compared to MUR 32,547,000 a year ago. Earnings per share were MUR 0.035 compared to MUR 0.040 a year ago. Adjusted earnings per share were MUR 0.035 compared to MUR 0.021 a year ago. Adjusted profit attributable to owners of the parent company was MUR 28,707,000 compared to MUR 17,068,000 a year ago. Net cash generated from operating activities was MUR 36,929,000 compared to MUR 26,682,000 a year ago.

For the quarter, the company reported revenue of MUR 45,016,000 compared to MUR 46,716,000 a year ago. Operating profit was MUR 25,444,000 compared to MUR 18,260,000 a year ago. Profit before income tax was MUR 13,382,000 compared to MUR 18,083,000 a year ago. Profit for the period attributable to owners of the parent company was MUR 11,428,000 compared to MUR 17,524,000 a year ago.

For the six months, the company reported revenue of MUR 89,345,000 compared to MUR 92,306,000 a year ago. Operating profit was MUR 50,677,000 compared to MUR 44,261,000 a year ago. Profit before income tax was MUR 26,064,000 compared to MUR 27,931,000 a year ago. Profit for the period attributable to owners of the parent company was MUR 22,101,000 compared to MUR 25,661,000 a year ago. Net cash generated from operating activities was MUR 27,616,000 compared to MUR 19,639,000 a year ago.