Hyatt
Profits Up
As reported by AFX: "Greek
casino group Hyatt nine month group net profits
surged 49.4 pct year on year to 51.5 mln eur
under IFRS. Brokers said this was in-line with
expectations given that one off items were incorporated
in the accounting statements for the first time.
"Hyatt
noted that the profit increase was largely attributable
to the application of IFRS to the sale of its
20.1 pct stake in Hellenic Hotels Lampsa SA
in January of this year. Excluding the one-off
profit, the group said, net profits showed a
small increase from the first nine months of
last year
"…
Today, Hyatt closed up 0.59 pct to 10.18 eur,
with the ASE general index closing little changed
at 3,484.13 points after testing the 3,500 point
level."
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