Banks lift profits by 181%

First half exceed last year’s profit Cyprus’ four banks listed on the CSE continued to surprise on the upside by delivering a strong set of first-half results, with their combined profit jumping

Louis buys Orient Queen for Greek market

$22 mln deal to get 80-90% finance from banks Louis plc is taking delivery of the 850-passenger Orient Queen, the five-star cruise liner chartered by the U.S. Dept. of Defence to evacuate

Higher costs burden Zorpas results

A. Zorbas & Sons Pcl (ZRP) recorded a decline in first half 2006 profit on the back of higher costs for raw materials, labour and energy costs. Net profit fell 24.4% YoY

Muskita profit surge 25% in H106

Muskita Aluminium Industries Pcl (MAI) reported a strong increase in first half 2006 profit as major investments in state-of-the-art production facilities helped lift profit by 24.6% YoY on the back of higher