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Constance La Gaiete Company Limited (Mauritius)

Main Activities: Sugarcane Farming | Cane Sugar Manufacturing | Lessors of Real Estate
Full name: Constance La Gaiete Company Limited Profile Updated: May 26, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Constance La Gaieté Company Limited (CLG) is a member company of the Constance Group and was incorporated in 1913. It is listed on the Development and Enterprise Market (DEM) of the Stock Exchange of Mauritius. CLG is primarily involved in sugarcane cultivation and produces around 10,000 tonnes of sugar annually from a harvested area of approximately 1,730 hectares. The company has centralized its milling activities on Deep River Beau Champ Milling Co. Ltd since 1998. CLG is also engaged in non-sugar agricultural activities and real estate development. In recent years, the company has diversified its production to include food crops, fruits, broilers, cattle rearing, and deer farming. CLG has also undertaken real estate projects to enhance the Constance and Centre de Flacq regions as a regional hub. They have completed a modern Headquarters complex and opened La Maison 1794, providing additional office space. The company is also progressing with morcellement projects in the Centre de Flacq and Boulet Rouge areas, including plans for a 5000 square meters Destination Mall. In November 2021, CLG opened the FnB outlet, Le Comptoir Café by Constance, within its compound. The company is currently working on a warehousing project in the area.

Headquarters
La Gaiete Services Ltd, 5Th Floor, Labama House, 35 Sir William Newton Street
Port Louis; Port Louis;

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Website: http://www.clgmu.com

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1913
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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18.71%
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16.32%
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12.92%
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9.76%
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8.08%
Subsidiaries
Compagnie De Cheops Ltee
100%
Societe Reeya Cie
100%
Company Performance
Financial values in the chart are available after Constance La Gaiete Company Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MUR. Absolute financial data is included in the purchased report.
Net sales revenue
37.92%
Total operating revenue
33.45%
Operating profit (EBIT)
-155.72%
Net Profit (Loss) for the Period
-61.56%
Total assets
4.24%
Total equity
94.32%
Operating Profit Margin (ROS)
-12.42%
Net Profit Margin
-4.29%
Return on Equity (ROE)
1.24%
Quick Ratio
2.47%

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