Phoenix Beverages of Mauritius Third-Quarter Profit Drops 41%

Phoenix Beverages Ltd., the largest beverages company in Mauritius by market value, said fiscal third-quarter net income fell to 38.5 million Mauritian rupees from 64.8 million rupees a year earlier.

Revenue in the three months through March increased to 888.7 million rupees from 783.4 million a year earlier, the Port Louis-based company said in a statement posted on the website of the Stock Exchange of Mauritius today.