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CPB expects improvement in Q1

30/04/2004 13:34
Laiki Group issued on Friday a positive Profit Warning for the first quarter results of 2004. According to StockWatch sources, the Cyprus Popular Bank expects improvement in the first quarter results of 2004 compared to the corresponding period of 2003.

This improvement, which stood at £4 million in the first quarter of 2003, is mostly attributable to the increased operating profits and the profits from distribution and revaluation of securities.