Demetra Investment Public Limited Provides Earnings Guidance for the First Quarter of 2018
March 30, 2018 at 11:10 am
Demetra Investment Public Limited provided earnings guidance for the first quarter of 2018. The Group is expected to record losses in the first quarter of 2018, compared to a profit in the corresponding period of 2017. The loss results mainly from the Group's investment portfolio and, specifically, the investments in securities of the Cyprus Stock Exchange. Interest receivable is expected to be substantially reduced compared to the corresponding period of 2017 due to the decrease in bank deposits and interest rates.