The AGM of A. Panayides Contracting Limited, held on Friday, 28 June 2002 in Nicosia approved the following:
1. Presented the Board's report and the financial statements of the company for the year ended 31 December 2001. The turnover of the company totalled £22.736.358 compared with £16.300.397 in 2000. PAT increased by 19% to reach £1.110.979 compared with £939.041 in 2000.
2. Re-appointed of Stavros Theodosiou, Maria Panagidou, Charilaos Panayides, Pambos Papageorgiou and Demetris Kouvaros as members of the Board.
3. Set of the Board's remuneration for 2001 at £1.000.
4. Re-appointed auditors PricewaterhouseCoopers and authorized the Board to set their remuneration.
1. Presented the Board's report and the financial statements of the company for the year ended 31 December 2001. The turnover of the company totalled £22.736.358 compared with £16.300.397 in 2000. PAT increased by 19% to reach £1.110.979 compared with £939.041 in 2000.
2. Re-appointed of Stavros Theodosiou, Maria Panagidou, Charilaos Panayides, Pambos Papageorgiou and Demetris Kouvaros as members of the Board.
3. Set of the Board's remuneration for 2001 at £1.000.
4. Re-appointed auditors PricewaterhouseCoopers and authorized the Board to set their remuneration.
Monday, 1 July, 2002 - 11:48