Astarti Development Pcl (AST) reported its preliminary FY04/05 results for the period ended 31 October 2005. Turnover increased by 2.0% YoY to CYP 1.69 mln in FY04/05, while EBIT remained unchanged compared to FY04/05 at CYP 1.56 mln. Net profit increased by 157% YoY to CYP 2.64 mln, mainly due to a positive revaluation in

D. H. Cyprotels Pcl (DHH) reported its preliminary FY04/05 results for the period ended 31 October 2005. Turnover increased by 13% to CYP 14.6 mln in FY04/05. Net losses increased by 373% to CYP 9.4 mln, due to an amount of CYP 5.7 mln related to the impairment of goodwill. Loss per share reached 5.7

Options Cassoulides Pcl (OPT) announced that its subsidiary company, Options Cassoulides Global Publishing Ltd reached an agreement with Dubai Media City, to acquire 75% of the share capital of Nicholas Publishing International (NPI), for a consideration of USD 700.000. The agreement is effective as of 1 January 2005 retrospectively. NPI is based in Dubai and

Piraeus Bank of Greece announced its intention to bid for full control of Euroinvestment & Finance Public Co. Ltd. (EURO) share capital that it does not already own at the price of 25 cent per share. Earlier in December, Piraeus Bank purchased 6.6 mln unexercised rights of Euroinvestment at 25 cent each for a total

The yield on the benchmark 10-year bonds finally broke below the 4% level during the last auction held in 2005 marking a record decline from the 6% level at the start of the year. The decline in the yield is also seen as helping in efforts to meet and converge with minimum euro-entry criteria, before

The tragic airline disaster of August 14, 2005 which resulted in the crashing of a Helios Airways aircraft close to Athens resulting in the death of 121 lives cost Libra Holidays Group Public Co. Ltd. (LHG), the owners of Helios at least CYP 5 mln. LHG reported massive losses of CYP 23.69 mln for the