CAIR stewards declare strike

Cyprus Airways stewards union, SYPKA ordered its members to go on an indefinite strike from Monday 4.00pm after the airline proceeded with the forced redundancies of 22 chief stewards as part of

Orphanides profits soar

Orphanides Public Co. Ltd. (ORF) recorded a sharp improvement in results, boosting net profits from CYP 1.69 mln in 2003 to CYP 3 mln in 2004 with earnings per share improving from

Frou-Frou hikes dividend as profits improve

Alkis Hadjikyriakos (Frou Frou Biscuits) Ltd., the island’s leading biscuits and cereals manufacturer & distributor and importer announced an increase in its final dividend payable to shareholders on the back of an

Tsokkos stays profitable

A. Tsokkos Hotels Pcl (TSH) released its 2004 results posting a 2.6% increase in revenues to CYP 18.05 mln with income advancing by 2.6% amid higher local revenues associated with the opening

Zorbas profits increase

A. Zorbas & Sons Public Co. Ltd. (ZRP) reported a 30.5% increase in turnover reaching CYP 26.0 mln in 2004 on the back of higher revenues per shop and the operation 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