Mauritius Oil Refineries Limited FY2021 group financial statements

Mauritius Oil Refineries Limited (MOR.mu) Q12022 Interim Report

1. The condensed unaudited financial statements have been prepared using the same accounting policies as the audited financial statements for the year ended June 30, 2021 and in compliance with International Financial Reporting Standards.
2. During the first quarter ending 30th September 2021 the company’s results were adversely impacted by the significant increase in the cost of imported crude vegetable oils. This increase was not fully passed on to the consumers resulting in a loss on the oil operations.
3. The company has decided to declare an interim dividend of Re 0.50cs per share based on results for the year ended 30th June 2021.
4. The statement of direct and indirect interests of officers of the Company required under rule 8(2) (m) of the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007 is available upon request from the Secretary, free of charge, at the registered office of the company, at Quay D Road, Port Louis.
5. Copies of the condensed unaudited financial statements are available to the public, free of charge, at the registered office of the company, at Quay D, Port Louis.

By order of the Board
SPEVILLE SECRETARIAL SERVICES LTD
Secretary

Mauritius Oil Refineries Limited (MOR.mu) on Africanfinancials