Gamma Civic Limited (GCL.mu) Q12019 Interim Report

We have extracted below the  Company Secretary Statement from the 2019 first quarter interim report of Gamma Civic Limited (GCL.mu), listed on the Mauritius Stock Exchange:

For the quarter ended 31 March 2019, the Group reported a net profit after taxation of Rs100M (Mar 2018: Rs61M) whilst the Company reported a profit after tax of Rs73M (Mar 2018: Rs35M). The main operating entities, except Contracting segment, of the Group have been profitable for the quarter ended 31 March 2019.

Earnings per share

The calculation of earnings per share is based on the profit attributable to the owners of the company of Rs71,838,923 (Mar 2018: Rs48,665,020) and the number of the shares in issue of 133,250,000 (Mar 2018: 133,250,000).

Dividend

A final dividend of Rs0.75 per share (Mar 2018: RsNil per share) was declared on 27 March 2019 and will be paid on or about 21 May 2019 in respect of the financial year ended 31 December 2018.

The abridged financial statements for the quarter ended 31 March 2019 are unaudited. The accounting policies and standards used in the preparation of these abridged unaudited financial statements are consistent with those used in the audited financial statements for the year ended 31 December 2018, except for relevant amendments to published standards issued and which are effective as from 01 January 2019. This interim report complies with IAS 34.

Copies of the above abridged unaudited financial statements are available, free of charge, upon request made to the Company Secretary, at the registered office of the Company, Royal Road, Chapman Hill, Beau Bassin, or can be viewed on the Company’s website www.gamma.mu.

The statement of direct and indirect interests of insiders pursuant to rule 8(2)(m) of the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007 is available, free of charge, upon request made to the Company Secretary, at the registered office of the Company.

By Order of the Board
Gamma Corporate Services Ltd
Company Secretary
10 May 2019