Net profit after tax reached Euro 155 thousand against losses of Euro 3,974 thousand in 2004. Profits before tax reached Euro 532 thousand compared with losses of Euro 784 thousand last year.

Profits before interest, tax, depreciation and amortization (EBITDA) reached Euro 10.8 million from Euro 12.8 million last year. Τurnover reached Euro 43.2 million against Euro 47.3 million last year, primarily due to higher than normal occupancy rates during the Olympic Games.

The Board of Directors, in its meeting on 17.2.2005, decided to explore the possibility of selling the Rhodes Hilton Hotel.

The company will not distribute dividend due to losses in previous fiscal years.