Report Publication Announcement • Jun 27, 2014
Report Publication Announcement
Open in ViewerOpens in native device viewer
Profit warning related to the expected financial results for the first six months of 2014
Pursuant to the rules and regulations of the CSE and SEC and in order to fully inform the shareholders and the investing public, Ellinas Finance Public Company Ltd (the «Company») announces that its financial results for the first 6 months of 2014 are expected to show a profit compared to a loss of the corresponding period of 2013.
The profit is attributable to the fact that the amount referred to in provision for doubtful debts for the first 6 months of 2014 is expected to be significantly lower than the amount mentioned in the provisions for doubtful debts for the corresponding period of 2013.
Whether such differentiation on the accounts will be repeated depends on the movement of the markets in which the Company and its customers are actively involved, the transaction risks as well as the state of the Cyprus economy.
Nicosia, 27 June 2014
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.