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ASP Royal Opens at 47.5 cents

16/07/2001 11:35
Shares of the company ASP Royal Holdings Ltd. commenced trading on the CSE today, opening at 47.5 cents. 25 million shares were floated of 10 cents nominal value issued at the price of 40 cents.

ASP Royal Holdings, a chain of betting shops throughout Cyprus, showed income for last year of around CYP 5.5 million with net profits exceeding CYP 390.000. The company anticipates increased profits for the current year arising from the opening of new units.