The combined profits of the companies listed on the CSE Main Market tumbled by 20% in the first nine months of this year to EUR 825.74 mln from EUR 1.06 bln in the same period a year ago, according to....

The CySEC announced that at its board meeting on 24 November 2008 it decided, upon a request from Costakis Loizou to grant an exception from the obligation to make a mandatory takeover bid for Louis P....

Primetel Plc (PTL) announced that the procedure for the Public Offer towards Spidernet Services Public Ltd (SNET) shareholders for the acquisition of up to 100% of SNET’s issued share capital ha....

Bank of Cyprus dividend reinvestment price fixed

Bank of Cyprus Public Co Ltd (BOCY) announced that the price at which the 2008 interim dividend will be reinvested into shares is EUR2.71. It is reminded that the price was calculated according to the....

Options revenue up, but profits decline

Options Cassoulides Plc (OPT.CY) reported higher revenue during the first nine months of 2008 but profits fell sharply due to financing costs and exceptional items. Revenue increased 11.3% to EUR30.4m....

Tsokkos Hotels reports loss in 9M08

A. Tsokkos Hotels Public Ltd (TSH.CY) reported its 9M 2008 results with revenue decreasing by 5% to EUR35.6mln due mainly to the decline in revenue from property development, while results deteriorate....

Caramondani to delist from CSE

The CSE Council announced that following the completion of the Public Offer of C.B. Holding towards Caramondani Bros Public Co Ltd (CAR.CY) shareholders and with C.B. Holdings having accumulated 93.81....

Cyprus Aspis Holdings profit in 9M08 surge 72% to EUR 29 mln

Aspis Holdings (ASP.CY) reported a spectacular increase in profitability during the first nine months of 2008 with net profit attributable to shareholders rising 72% year-on-year to EUR 28.98 mln comp....

Cyprus Options issues negative profit warning

Options Cassoulides Plc announced that the nine-month results 2008 will be lower compared to the corresponding results of 2007. The decline is attributed to the increased expenses in the sector of con....

Costas Michalides to submit offer to take company private

Costas Michaelides Constructions Ltd (KMC.CY) announced that majority owner and founder of the company Costas Michaelides has decided to submit a Public Offer for the acquisition of minimum 90% and up....

Logicom sales up, but profits lower in 9M08 period

Logicom Public Ltd (LOG.CY) reported sharply higher sales, mostly arising from abroad but higher finance costs and exchange losses forced profits lower by 6% to EUR5.0 mln in 9M 2008. Group revenue ....

Interest on Bank of Cyprus capital securities

The interest rate for the quarter 20/09/2008 -19/12/2008 on the Capital Securities 12/2007 issued by Bank of Cyprus Public Company Ltd will be paid on 20th December 2008. The record date for those e....

Ermes profits unchanged but sales increase Cyprus

Ermes Department Stores Plc (ERME.CY) that among others includes the Debenhams, Avenue and Next stores in Cyprus reported unchanged net profits during the first nine months of 2008 with profit at EUR ....

Orphanides supermarkets sales rise Cyprus

Orphanides Plc (ORF.CY) reported a 26% Year-on-Year increase in sales during the first nine months of 2008 to EUR 125.5 mln on the back of an increase in the number of the Company’s supermarkets....

Cyprus' leading cruise and hotel group Louis disappoints with 9M results

Louis Plc (LUI.CY) released a disappointing set of 9M08 results posting a loss of EUR 2.8 mln compared to a profit of EUR 30.4 mln in 9M07 attributable to shareholders primarily related with the weak ....

Marfin Popular Bank 9M profit at EUR 323.3 mln, flat y/y

The consolidated net profit attributable to shareholders of the Marfin Popular Bank Group reached EUR 323.3 mln flat compared to the first nine months of 2007. The enhanced profitability of the Group ....