Constance Hotels Services Limited | Annual Report 2025
ANNUAL REPORT 2025 219
Notes to the Financial Statements Year ended December 31, 2025
32. SEGMENT REPORTING (CONT’D)
THE GROUP
Mauritius MUR’000
Maldives MUR’000
Total
MUR’000
For the year ended December 31, 2024 Segment revenue from contract with customers
3,918,459
2,230,627
6,149,086
Segment interest income Segment finance cost
2,555
-
2,555
(358,248) (256,136) 968,080 10,792,364 (5,140,590)
(413,586) (454,812) 115,235 6,517,358 (6,150,204)
(771,834) (710,948) 1,083,315 17,309,722 (11,290,794)
Segment depreciation and amortisation
Segment operating profit
Segment assets Segment liabilities
The Group’s customer base is diversified, with no individually significant customer.
33. EVENTS AFTER REPORTING DATE
The middle east conflict started on 28 th February 2026, severely disrupting air-travels through the middle east. Our resorts, located mainly in the Maldives and Seychelles, were the most concerned as tourist travels through the middle east hubs. Some cancellations were received for the month of March and April of 2026. Immediate mitigating measures were taken to address any shortfall in occupancies by redirecting our business/ reservation offers to other markets such as, Asian and European countries, not affected by the current conflict. Moreover, some countries where we operate, are working to secure additional direct flights from unaffected regions to cover partially for the reduced seat capacity. As of today, the Group cannot assess the full impact of this event on our business/ forward bookings.
Beside the above, there were no events after reporting date to report which require a disclosure in the financial statement or impact the financial position of the Group and the Company.
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