Claridge Public Limited announced that its group financial results of 2013 shall show decreased losses compared to 2012. The main reasons are the following: The decrease of loss of its wholly subsidiary company Amathus Vacation Ownership Ltd, which is engaged in the development and sale of residential units. This is due to the fact that last year a significant number of units were sold below cost in an effort to improve its working capital; the improvement in the results of the associate company Leisure Holdings S.A, owner of Amathus Beach Rhodes due to the increase of sales.