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ALPHA REAL ESTATE S.A.
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Financial Results
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May 10, 2006 Net profit after tax reached Euro 1.4 million from Euro 1.7 million last year, recording a decrease of 21%. Profit before tax fell by 26% to Euro 1.8 million from Euro 2.5 million a year ago. Turnover decreased by 19% to Euro 3.5 million from Euro 4.3 million last year, due to lower revenues from property management and valuations.
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