D.H. Cyprotels and Astarti expect improved results

D.H. Cyprotels Plc announced that the preliminary accounts for the financial period ended 31st October 2007, will be improved compared to the preliminary accounts of the year 2006. This is mostly due to the improvement of the operational results, the contribution from the development of the land property as well as from the non operation of the non productive units (decision was taken to dispose the non productive assets).

Astarti Development Plc also announced that the preliminary accounts for the financial year ended 31st October 2007, are expected to be improved compared to the preliminary results of year 2006 due to higher revenue as well as to the lower taxation compared to the previous year.