Salamis: Profit Warning for six-month results 2009
20/7/2009 10:17
Pursuant to the CSE and SEC Regulations and in order to fully inform the investing public, Salamis Tours (Holdings) Public Limited announces that the results for the first half of the year are expected to be lower compared to the corresponding results of 2008.
This drop is attributable to:
a) The unrealized exchange profit from the conversion of loans in US dollars of €18.600 in 2009 compared to €320,500 in 2008. This difference emerges from the differentiation of the parity of the dollar against the euro as at June 30.
b) The drop in the turnover.
This drop is attributable to:
a) The unrealized exchange profit from the conversion of loans in US dollars of €18.600 in 2009 compared to €320,500 in 2008. This difference emerges from the differentiation of the parity of the dollar against the euro as at June 30.
b) The drop in the turnover.
