Tsokkos posts 1Q08 loss

A. Tsokkos Hotels Pcl (TSH.CY) reported a loss of EUR 4 mln for the first quarter of 2008 which showed a 72% year-on-year reduction compared to the previous year, but this was

Zorbas reports lower profits

A Zorpas & Sons Plc posted a weak set of results with first quarter 2008 net profit declining by 65.9% year-on-year to EUR308.000 on the back of higher fixed costs related with

Marfin Popular Bank profits decline 38%

Marfin Popular Bank Pcl (MPB) reported a 38% year-on-year decline in first quarter profit to EUR 104.4 mln compared to EUR 168.96 mln reported in the first quarter of 2007 in line

Sarris resignation from BOC Board accepted

The Board of Directors of Bank of Cyprus Pcl (BOCY) decided to unanimously accept the resignation of former finance minister Michalis Sarris from his position as member of the Board of Directors

Ermes and Woolworth report lower results

Woolworth (Cyprus) Properties Plc (FWW.CY) issued its 1Q08 results posting a net profit figure of EUR 1.2mln compared to a net profit figure of EUR 3.2mln in 1Q07. EPS was reported at

Louis price target at EUR 0.72

Marfin Egnatia have kept their price target on the share price of Louis Pcl (LUI.CY) unchanged at EUR 0.72 per share following the release of the first quarter results. This implies a

Muskita reports lower 1Q profits

Muskita Aluminium Industries Pcl (MAI.CY) issued its 1Q08 results posting a 1.9% YoY decrease in net profit to EUR 3.1 mln. Despite the containment in operating expenses (lower unit cost), the lower