CSE profits fall 20% in 9M 2008
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....
December 04, 2008
Costakis Loizou not obliged to make bid for Louis Pcl
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....
December 03, 2008
Primetel controls 95.86% of Spidernet
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....
December 02, 2008Advertisement
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....
December 01, 2008
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....
December 01, 2008
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....
December 01, 2008
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....
December 01, 2008
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....
December 01, 2008
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....
November 30, 2008
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....
November 28, 2008
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 ....
November 28, 2008
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....
November 27, 2008
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 ....
November 27, 2008
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....
November 27, 2008
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 ....
November 27, 2008
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 ....
November 27, 2008Advertisement