ALPHA REAL ESTATE SERVICES
First half 2006 results
Net profit after tax reached Euro 3.1 million from Euro 3.9 million last year, recording a decrease of 21%. Profit before tax fell by 27% to Euro 4.1 million from Euro 5.6 million a year ago. Turnover decreased by 18% to Euro 7.3 million from Euro 8.9 million last year, due to lower revenues from property management and valuations.