Earnings Release • Jun 30, 2014
Earnings Release
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Laiki Capital Public Co Ltd (the "Company"), in accordance with the Cyprus Stock Exchange and Cyprus Securities and Exchange Commission Regulations, announces that its consolidated financial results for the six month period ending June 30, 2014 shall present lower losses compared to the consolidated financial results of the corresponding period of 2013.
The decrease in loss is mainly due to the fact that during the six month period ended June 30, 2013, the consolidated financial results of Group (where "Group" means the Company and its subsidiary, Laiki Financial Services Limited) showed an impairment on the cash amounted to €27,6million, following the Decree for the Resolution of the Cyprus Popular Bank Public Co Ltd, as well as a loss from the revaluation and sale of financial assets of €1,1million.
LAIKI CAPITAL PUBLIC CO LTD
Maria Ioannou Achillides Company Secretary
Nicosia, June 30, 2014
CC.: Cyprus Securities and Exchange Commission
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