Report Publication Announcement • Jun 11, 2013
Report Publication Announcement
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11th June, 2013.
To: The Cyprus Stock Exchange Attn.: Mr Nondas Metaxas Director General-CEO Nicosia.
Dear Mr. Metaxas,
The Board of Directors of Constantinou Bros Hotels Public Company Ltd, after having examined the financial results for the first six months of 2013 and according to the Rules and Regulations of the CSE and CMC and in order to fully inform as much as possible the shareholders and the investing public, announces that according to the so far available economic data, the results for the first half of 2013 are expected to be at higher levels compared to those of 2012.
The increase was attributed mainly to the occupancy of the Hotels of the Group.
The Board of Directors and the Management taking into account the general political and economic instability in Cyprus consider that no safe forecast of the expected results for the year 2013 can be made, but it is expected that the occupancy of the hotels will remain at the same or even higher levels, given the collective effort which is being made towards increasing the number of tourists into Cyprus.
The Secretary
A. Anastassiou
Copy to: The Capital Market Committee
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