Inactive Instrument

Amathus Public Limited

ANC

CY0002200513

Amathus Public : PROFIT WARNING

December 22, 2021 at 05:43 am EST

0021/00037460/en

Profit/Loss Warning

AMATHUS PUBLIC LTD

ANC - AMATHUS PUBLIC LTD

PROFIT WARNING

Amathus Public Limited announces that, in accordance with the relevant regulations of the Cyprus Stock Exchange and the Cyprus Securities and Exchange Commission, its consolidated financial results for the year 2021 are expected to be profitable compared to a loss in the previous year.

The improvement in the results is mainly due to the increase in turnover of the Group's operations and the improvement of the results of the associates and the joint venture company.

Regulated
Filing Date: 22/12/2021 12:27

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Amathus Public Ltd. published this content on 22 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 December 2021 10:42:03 UTC.

Latest news about Amathus Public Limited

Platona Enterprises Company Limited, Antigone, Joanna and Tereza Lanitis, Costas Galatariotis Ltd., Evagoras and Iason Lanitis, Marios Lanitis, Isabella Eliades, Lanitis E.C. Holdings Limited and Unity Managers Limited completed the acquisition of remaining 14.4% stake in Amathus Public Limited.	22-01-24	CI
Platona Enterprises Company Limited, Antigone, Joanna and Tereza Lanitis, Costas Galatariotis Ltd., Evagoras and Iason Lanitis, Marios Lanitis, Isabella Eliades, Lanitis E.C. Holdings Limited and Unity Managers Limited offered to acquire remaining 14.4% stake in Amathus Public Limited for €3.6 million.	21-11-02	CI
Amathus Public Limited Declares Dividend, Payable Latest by 15 December 2021	21-10-25	CI
Amathus Public Limited Reports Earnings Results for the Half Year Ended June 30, 2021	21-09-20	CI
Amathus Public Limited Reports Consolidated Earnings Results for the Year Ended December 31, 2020	21-05-19	CI
Amathus Public Limited completed the acquisition of additional 5.22% stake in Leisure Holdings S.A. from Strawdale Limited.	21-01-17	CI
Amathus Public Limited Provides Earnings Guidance for the Year 2019	20-12-30	CI
Amathus Public Ltd, Announces Declaration of Dividend, Payable latest by 28 December 2020	20-11-27	CI
Amathus Public Limited Announces Consolidated Earnings Results for the Half Year Ended June 30, 2020	20-09-22	CI
Amathus Public Limited Announces Resignation of Costas E. Lanitis	20-08-27	CI
Amathus Public Limited Appoints Platon Z. Eliades as Member of the Board of Directors	20-08-27	CI
Kanika Hotels Plc cancelled the acquisition of the remaining 21.6% stake in Olympic Lagoon Hotels Limited from Amathus Public Limited.	20-08-22	CI
Amathus Public Limited Provides Earnings Guidance for the First Half of 2020	20-07-09	CI
Amathus Public Ltd Appoints Panayiotis Loizou as Member of Board of Directors and Audit Committee	20-06-30	CI
Amathus Public Limited Reports Earnings Results for the Full Year Ended December 31, 2019	20-06-30	CI
Amathus Public Limited Announces Suspension of Operations	20-04-07	CI
Amathus Public Limited cancelled the acquisition of 6.11% in Leisure Holdings S.A. from Osiris Ltd.	20-03-19	CI
Michalis Hadjikyriacos Resigns from Amathus Public Limited, Amathus Corporation Ltd, Claridge Public Ltd and Amathus Vacation Ownership Ltd	20-01-31	CI
Amathus Public Limited Announces Consolidated Earnings Results for the Half Year Ended June 30, 2019	19-09-23	CI
Kanika Hotels Plc signed an agreement to acquire remaining 21.6% stake in Olympic Lagoon Hotels Limited from Amathus Public Limited for €375.792.	19-08-22	CI
Amathus Public Limited agreed to acquire additional 5.22% stake in Leisure Holdings S.A. from Strawdale Limited for approximately €0.2 million.	19-08-08	CI
Amathus Public Limited Announces Management Changes	19-07-15	CI
Amathus Public Limited Announces 2017 Final Dividend	19-07-12	CI
Amathus Public Limited Proposes Final Dividend, Payable on August 9, 2019	19-04-24	CI
Amathus Public Limited Announces Consolidated Earnings Results for the Year Ended December 31, 2018	19-04-24	CI

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Company Profile

Amathus Public Ltd, a member of the Lanitis Group, is a Cyprus-based company that is active in hotel ownership and management, tour operating, aviation, air and sea travel. The Hotel division manages and operates the Amathus Beach Hotels in Limassol and Paphos, as well as the Amathus Beach Hotel on the island of Rhodes, Greece. In the Aviation division the Company acts as a general sales agent for a number of airlines with a network of ticketing offices. The Tourism division deals with incoming and outgoing tourism and offers such services as hotel reservations, airport and hotel transfers, car rental, hotel representative services, excursions, mini cruises and is also active in the field of conference and incentive travel. Through its affiliated company Amathus Aegeas Ltd, it is also engaged in the shipping, clearing and forwarding sector, and provides such services as chartering, brokerage and ship agency, container cargo handling, as well as warehousing and distribution.

Sector

Hotels, Motels & Cruise Lines

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