Lanitis Bros. profits nose-dive

Lanitis Bros. (LB), the local Coke bottler and milk and juices manufacturer reported a highly disappointing set of results for 2004, with net profits nose-diving to CYP 463.832 from CYP 1.25 mln

A&P lifts dividend on higher profits

A&P Andreou Paraskevaides (APE) the local bottlers of Pepsi upped the final dividend to be declared for 2004 to 0.67 cent per share from 0.55 cent in 2003 for a yield of

Kanika declares record dividend

Kanika Hotels (KAN) surprised the market by announcing a record dividend for 2005, on top of a final dividend for 2004, taking its yield to a whopping 45%. After reporting a doubling

Cytrustees back into profits

Cytrustees Investments (CYT) managed to overturn the 2003 losses and report profits for 2004 despite the 10% decline in local equity prices during the year. Cytrustees reported net profits of CYP 240.000

Tourism woes hurt Lordos Hotels

A sharp decline in the occupancy of the Golden Bay Hotel in Larnaca forced Lordos Hotels Holdings (LHH) to report a massive loss for 2004, as total turnover fell by CYP 1.3

Leptos losses surge in 2004

Leptos Calypso Hotels (LCH) saw its losses surge to CYP 2.5 mln in 2004 from CYP 979.000 in 2003, mostly due to the operation of its new luxurious Thalassa hotel in Paphos.