Business - Page 2145

Bank of Cyprus Group will proceed with an issue of new shares to existing shareholders (Rights issue) towards the end of the year of approximately CYP 100 mln, Group CEO Andreas Eliades

Muskita Aluminium Industries (MAI) reported a 14.4% reduction in net profits during the first half of the year on the back of higher depreciation charge and as a result of the increase

Bank of Cyprus Group (BOC) managed to beat market expectations, reporting CYP 31.3 mln in first half profits, up 97.5% from CYP 15.9 mln a year ago in the same period, and

Bank of Cyprus shares roared past the CYP 2.00 level, touching an intra-day high of CYP 2.03 on the CSE on Thursday before closing at CYP 2.01 per share while in Greece,

Lanitis Bros. (LB) reported a significant improvement in first half results on the back of higher export sales as well as the distribution and selling of the prepaid areeba mobile phone cards.

SFS Group Public Ltd. reported an improvement in first half performance during the first half of 2005, but this was mostly as a result of the share of profits from associate companies,

The sharp increase in the value of the dollar and oil took its toll on the results of Louis Public Co. (LUI) with first half losses surging to CYP 5.44 mln from

The Central Bank of Cyprus announces that during the auction conducted on August 25, 2005 for the acceptance of deposits of 7-day duration, bids amounting to CYP 209.0 mln were submitted. An