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TRADING UPDATES: Bank of Cyprus outlook hinges on tourism industry
Tue, 25th May 2021 19:40
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Bank of Cyprus Holdings PLC - Strovolos, Cyprus-headquartered financial services firm - Reports total income of EUR136 million in first quarter of 2020, down from EUR145 million a year prior. Swings to pretax profit of EUR19 million from EUR18 million loss. Says the full-year outlook remains uncertain, hinging on the recovery of the tourism industry. The first quarter of the year has again been a period characterised by on-going pandemic-related disruption. Despite the significant progress made both within Cyprus and globally with the vaccine roll-out programme, the day-to-day operating environment continues to be challenging, and the first quarter saw restrictions remaining in place within Cyprus. As such, our priority during the period has c
Proposed Shippensburg casino sparks spirited debate msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
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For the second consecutive month, revenue streams at Pennsylvania casinos topped $400 million, according to a report from the Pennsylvania Gaming Control Board.
Combined gambling revenues totaled more than $404.1 million in April.
That’s up significantly from the $46.1 million seen in April 2020, when non-life-sustaining businesses were forced to shutter because of the covid-19 pandemic. And it’s about $120 million higher than revenues recorded in April 2019, when gambling revenues totaled $283.8 million.
Last month’s numbers also topped revenues recorded in March, which totaled more than $403 million.