SBM of Mauritius Looks to New Hires to Sustain Earnings Growth

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SBM Holdings Ltd., the second-biggest company by market value in Mauritius, plans to reshuffle its top management and make new hires to sustain earnings growth that saw first-half profit more than double.

“With further appointments at strategic posts in the coming months, in line with the implementation of our modernization and diversification plan, SBM is poised to generate new sources of income which will impact even more favorably on our year-end results,” Chairman Kee Chong Li Kwong Wing said in an interview on Friday. “I am very confident that we have opened a new chapter of growth after weathering past headwinds.”