Cyprotel losses increase

D. H. Cyprotels Pcl (DHH) reported its preliminary FY04/05 results for the period ended 31 October 2005. Turnover increased by 13% to CYP 14.6 mln in FY04/05. Net losses increased by 373% to CYP 9.4 mln, due to an amount of CYP 5.7 mln related to the impairment of goodwill. Loss per share reached 5.7 cent vs. 1.22 cent a year ago.