Options Cassoulides profits up 21%

Options Cassoulides Pcl (OPT) reported a 21.4% YoY increase in net profit attributable to shareholders in the first nine months of the year, failing to justify the 143% increase in the value

GDP growth estimated at 3.8% in 2006

Earlier years show higher growth   The Statistical Service CYSTAT produced its first estimate for real GDP growth on Tuesday, saying that it expected real GDP growth to reach 3.8% in 2006.

Wineries violated competition rules

The Commission for the Protection of Competition (CPC) has ruled that four local wineries,  ETKO, KEO, LOEL and SODAP violated competition rules as regards price fixing on the supply of 187 ml

Logicom profits surge higher

Logicom Pcl posted a strong set of 9M06 results with net profit surging 81% to CYP 2.6 mln or EUR 4.54 mln from CYP 1.5 mln in the same period a year