BOC well bid ahead of results

Bank of Cyprus shares closed well bid on the CSE ahead of the announcement of the preliminary results Monday afternoon, but a wave of profit taking in Greece, forced the share price

Retail sales up 4.6% Jan-Novermber

Latest Statistical Service figures for retail sales by volume show that retail sales rose by 2.7% year on year in November, compared with a rise of 8.1% in October. The slowdown seems

Petrolina profit surge, dividend upped

Petrolina (Holdings) Pcl posted a highly satisfactory set of preliminary 2005 results with profits surging by 53% higher while the dividend per share was lifted from 1.4 cent to 3.7 cent per

Lanitis Bros. sinks into the red

Lanitis Brothers Pcl (LB) released its preliminary 2005 results posting a disappointing performance as a net profit of CYP 280,000 reported for 2004 overturned into a net loss of CYP 1,170,000 for

Snoras fails to submit bid for USB

The Lithuanian AB Bankas Snoras did not submit a Public Offer document for the acquisition of a minimum 52% and a maximum 55% of Universal Savings Bank (USB) at a consideration price