Louis Public Co. Ltd. (LUI) has reiterated that its forecasted 2005 profits will hover around CYP 9.5 mln, unchanged from last year on the back of a strong rebound in hotel earnings, especially from Greece. The profit forecast was made by Stelios Kiliaris, Group Executive Director during an investor presentation held at the CSE, outlining

Megabet (MEGA), the island’s second largest betting group reported a 20% increase in turnover for the first half of its financial reporting year ending January 2005, but recorded a loss as it distributed higher wins to its customers. Turnover for the first half ending January 31, 2005 surged to CYP 12.36 mln from CYP 10.29

Set up your own web site from CYP 400 EmporionPlaza Ltd., a subsidiary of CyTA, has launched its first official e-commerce promotion store, the Emporion Plaza, which can hosting e-stores independently of a business’s offered products and services. Through its website located at www.emporionplaza.com.cy, the public can get access to competitive e-commerce solutions, CyTA officials

Marks 17th Anniversary with 17 Colts Orphanides Supermarkets, the retailing giant of Cyprus is marking its 17th Anniversary celebrations with the distribution of 17 Mitsubishi Colts, promising more expansions and a better service to its customers. Chairman and CEO Christos Orphanides who on March 17 celebrated his own birthday said the group is ready to

The government has raised CYP 119 mln in revenue from the one-off tax amnesty offer for the declaration of secret amounts of income until end of December 2002. Finance Minister Makis Keravnos revealed the final figure following a meeting with the Chairman of the Tax Declarations Office Andreas Theophilou. He said the total revenue amounted