Modestou: Interim Management Statement
11/11/2008 11:13
Modestou Sound & Vision Public Company Ltd publishes its second Interim Management Statement for 2008.
First Interim Management Statement 2008
The Company presents the Second Interim Management Statement for 2008 pursuant to Article 11 of Law 190(I) 2008. The statement is based on the Company’s activities from 1.1.2008 to date.
1. The Company continues with the same activities as last year, which focus on the import and trading of sound and vision products.
2. With the adoption of the euro as the official currency of the Republic on January 1, 2008, the Company’s currency has been converted from Cyprus pounds in euros. As a result, the financial statements have been converted in euros.
3. There were no significant facts or developments affecting the Company’s financial statements during the period.
First Interim Management Statement 2008
The Company presents the Second Interim Management Statement for 2008 pursuant to Article 11 of Law 190(I) 2008. The statement is based on the Company’s activities from 1.1.2008 to date.
1. The Company continues with the same activities as last year, which focus on the import and trading of sound and vision products.
2. With the adoption of the euro as the official currency of the Republic on January 1, 2008, the Company’s currency has been converted from Cyprus pounds in euros. As a result, the financial statements have been converted in euros.
3. There were no significant facts or developments affecting the Company’s financial statements during the period.
