Increased turnover-reduced profits for Logicom
02/04/2002
Logicom Ltd. published its preliminary results for the year ended 31 December 2001 as approved by its board during its meeting of the 29 March 2002. Decisions concerning dividends will be taken during its next meeting scheduled for the 26 April 2002.

Turnover for the year rose to CYP 25.097.479 compared to CYP 12.867.094 in 2000. Pre-tax profits were CYP 649.529 with profits attributable to shareholders of CYP 505.792 compared to CYP 1.160.909 the previous year. Earnings per share were 0,84 cents on an average number of 60.400.000 shares.