Hotels, Restaurants and Leisure
Company Overview of Lux Island Resorts Ltd
Lux Island Resorts Ltd operates and manages resort hotels under the LUX* brand in Mauritius, the Maldives, Réunion Island, and China. The company operates a portfolio of LUX* resorts, such as LUX* Belle Mare, LUX* Le Morne, and LUX* Grand Gaube, Mauritius; LUX* Maldives; LUX* Ile de La Réunion; and LUX* Lijiang, Yunnan, China. It also operates and manages other hotels, which include Tamassa, Bel Ombre, Merville Beach, and Grand Baie, Mauritius; and Hôtel Le Récif, Ile de la Réunion, as well Ile des Deux Cocos, a private paradise island. The company was formerly known as Naïade Resorts Ltd and changed its name to Lux Island Resorts Ltd in December 2011. Lux Island Resorts Ltd was founded in 1...
Pierre Simonet Street
Founded in 1987
Key Executives for Lux Island Resorts Ltd
Lux Island Resorts Ltd does not have any Key Executives recorded.
Lux Island Resorts Ltd Key Developments
Lux Island Resorts Ltd Declares Dividend for the Financial Year Ending June 30, 2015, Payable on July 7, 2015
Jun 23 15
The Board of Directors of Lux Island Resorts Ltd. has, at a meeting held on 23rd June 2015, declared a dividend of INR 1 per share in respect of the financial year ending June 30, 2015. This dividend will be paid to all shareholders of the company registered at close of business on July 10, 2015. This dividend will be paid on or about August 14, 2015. The shares of the company will be traded cum-dividend up to the market day of July 7, 2015 and ex-dividend as from July 8, 2015.
LUX Resorts & Hotels Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2014
Feb 13 15
LUX Resorts & Hotels reported earnings results for the second quarter and six months ended December 31, 2014. For the period, total revenue under review reached MUR 1.4 billion, up by 10%, on the corresponding quarter last year whilst EBITDA (Earnings before Interest Tax Depreciation and Amortisation) amounted to MUR 418 million compared to MUR 400 million last year. Operating profit improved by 3% from MUR 320 million to MUR 330 million mainly due to the weakening of the Euro. Net attributable profit amounted to MUR 234 million compared to MUR 229 million last year while the turnover increased by 10%.
For the six months, turnover reached MUR 2.2 billion.
LUX Resorts & Hotels Reports Earnings Results for the Year Ending June 30, 2014
Sep 29 14
LUX Resorts & Hotels reported earnings results for the year ended June 30, 2014. The group’s profits have more than doubled, from MUR 103.324 million in 2012-2013 to MUR 271.262 million in 2014. Earnings before interest tax depreciation and amortization stand at MUR 917 million at June 30, 2014, or a growth of 18% compared to the same period last year. Total revenue for 2013-2014 has reached MUR 4.2 billion, a growth of 12% compared to the same period last year. Operating profit has increased from MUR 461 million to MUR 589 million, a rise of 28%. The group has generated MUR 618 million, which represents a growth of 26 % over the corresponding period last year.
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