Rolandos Enterprises Ltd. reported un-audited consolidated earnings results for the six months ended June 30, 2013. For the six months, the company reported net loss attributable to the owners of the company was €575,980 or 1.06 cents per basic and fully diluted share on turnover of €2,150,470 compared to net loss attributable to owners of the company of €111,290 or 0.21 cents per basic and fully diluted share on turnover of €2,666,458 for the same period last year. The company reported operating loss of €87,786 compared to €151,706 and loss before taxation of €557,965 compared to €98,874 for the same period last year.

The increase of the loss before tax is due to the increase of the loss from investing activities which includes an amount of €533,154 that represents the maximum impairment loss to be suffered by the group in respect of its unsecured deposits at the Bank of Cyprus.