Earnings Release • Dec 29, 2023
Earnings Release
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29 December 2023
In order to better inform shareholders and investors in general, Demetra Holdings Plc (the "Company", the "Group") announces that, based on the indications to date and without having at its disposal the results of Hellenic Bank Public Company Ltd ("Hellenic Bank") for the fourth quarter of 2023, it expects to register a profit for the year ended 31 December 2023, which will be significantly increased compared to the corresponding profit of 2022.
It is estimated that the Group's profit for 2023 will derive mainly from the inclusion in the Group's results of the share in the profit attributable to the Group from its shareholding in Hellenic Bank, as well as from the Group's investments in securities listed on the Cyprus Stock Exchange.
Dr. Cleanthis (Athos) Chandriotis CEO
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