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

Cyprus-Israel trade to rise 20-25%

— $360 mln bilateral trade tilts to imports Bilateral trade between Cyprus and Israel is expected to rise by 20% to 25% over last year’s overall figure of USD 360 mln, boosted