Earnings Release • Feb 29, 2016
Earnings Release
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| 2015 €000 (Unaudited) |
2014 €000 (Audited) |
|
|---|---|---|
| Continuing Operations | ||
| Operating Loss | (1.313) | (1.578) |
| Finance costs | (1.193) | (1.273) |
| Share of Profit/(Loss) in associated companies | 3.246 | 1.632 |
| Taxation | (4) | 97 |
| Profit/(Loss) from continued operations | 736 | (1.122) |
| Discontinued Operations | ||
| Loss for the period from discontinued operations | - | (837) |
| Profit from loss of control in subsidiary company/joint venture | - | 510 |
| - | (327) | |
| Net Profit/(Loss) for the year after tax | 736 | (1.449) |
| Net Profit/(Loss) attributable to the shareholders of the Company |
749 | (1.426) |
The Board of Directors of the Company approved the above indicative financial results for the year ended 31st December 2015 at a meeting held on 26th February 2016.
Copies of the Unaudited Indicative Results, together with the explanatory notes are available at the Company's registered office, 197 Makarios III Avenue, 3030 Limassol, tel. 25891000 and in electronic form in the Galatariotis Group of Companies website (www.galatariotisgroup.com).
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