During the Board meeting of the company Alkis H. Hadjikyriakos (Frou Frou Biscuits) Ltd. which took place on the 3 September 2001, the consolidated pre-audited results for the period 1 January 2001 to 30 June 2001 were approved.
Sales from ongoing operations reached CYP 4.859.318 compared to CYP 4.791.726 the same period in 2000, with net turnover of CYP 4.859.318 compared to CYP 5.099.451. Gross profit reached CYP 2.088.251, slightly lower than CYP 2.193.780 the same period last year. Pre-tax profits were CYP 859.450, an increase compared to CYP 753.737 the same period in 2000, with after-tax reaching CYP 637.022. Earnings per share equalled 0,881 cents on an average number of 72.316.667 shares.
Fully distributed earnings per share are not noted as the exercise price of warrants of the company was greater than the average market value of shares during the said period. During the said period, the sales as well as other departments were restructured and the company anticipates that there will be the relevant improvement in results of the group for the second six-month period.
Sales from ongoing operations reached CYP 4.859.318 compared to CYP 4.791.726 the same period in 2000, with net turnover of CYP 4.859.318 compared to CYP 5.099.451. Gross profit reached CYP 2.088.251, slightly lower than CYP 2.193.780 the same period last year. Pre-tax profits were CYP 859.450, an increase compared to CYP 753.737 the same period in 2000, with after-tax reaching CYP 637.022. Earnings per share equalled 0,881 cents on an average number of 72.316.667 shares.
Fully distributed earnings per share are not noted as the exercise price of warrants of the company was greater than the average market value of shares during the said period. During the said period, the sales as well as other departments were restructured and the company anticipates that there will be the relevant improvement in results of the group for the second six-month period.
Tuesday, 4 September, 2001 - 09:54