BOC lifts Q1 profits by 49%

Bank of Cyprus Group (BOC) reported a robust increase in first quarter (Q1) profits, lifting net profits by 49% to CYP 16 mln from last year’s slightly adjusted net profits of CYP

Associate companies help SFS results

A sharp rebound in share of profits from associated companies was instrumental in helping SFS Public Group to report a profit for the first quarter of 2005. Gross profit from shipping and

CYP strengthens after ERM2 entry

Interest-rate cut expectations The Cyprus pound enjoyed a smooth ride in the first few days of its entry into the Exchange Rate Mechanism (ERM2), and in fact appreciated compared with its pre-entry

Alliance doubles Q1 profits

Alliance International Reinsurance Co. Ltd. (ALL) kick-started the first quarter earning season reporting a near doubling of net profits on the back of a strong increase in premium income. Gross reinsurance premiums