18/02/2014 09:26
Cyprus Forest Industries expect lower losses for 2013.
According to the announcement, the Group’s results for 2013 will show lower losses by 22% compared to 2012 due to the lower losses from operations and the lower compensations of the redundant staff.
The Group will announce its indicative results for 2013 on February 27, 2014.
The loss attributable to shareholders in 2012 declined to €2.9 million compared to €4.3 million in 2011.
In the first nine months of 2013, the losses stood at €1.6 million.
According to the announcement, the Group’s results for 2013 will show lower losses by 22% compared to 2012 due to the lower losses from operations and the lower compensations of the redundant staff.
The Group will announce its indicative results for 2013 on February 27, 2014.
The loss attributable to shareholders in 2012 declined to €2.9 million compared to €4.3 million in 2011.
In the first nine months of 2013, the losses stood at €1.6 million.
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