Mauritian tycoon Hector Espitalier-Noel gains $1.9 million from stake in ENL
Espitalier-Noel owns a 9.92-percent stake in ENL Limited.
Espitalier-Noel owns a 9.92-percent stake in ENL Limited.
With their stake now worth more than $45 million, the affluent Mauritian Espitalier-Noel family ranks among the richest families in Mauritius.
ENL Limited reports a stellar $33.9 million in profit, driven by robust revenue growth.
ENL is a diversified conglomerate with more than 120 international and domestic brands.
The Espitalier-Noel family is one of the wealthiest families in Mauritius.
The multimillion-dollar losses posted by the Mauritian conglomerate brings its total operating losses since June 2019 to $47.6 million.