Cyprus Forest Industries Public Ltd. provided earnings guidance for the first half of 2017. For the period, the group's results expects to be substantially improved and profitable compared to the corresponding period of last year in which losses were recorded: the reasons for the positive results during the first half of 2017 compared to the corresponding period of last year are increase in turnover, due to an increase in the market share and the recovery of the construction sector, decrease in production costs and significant impact on the financial results following the full repayment of borrowings with Bank of Cyprus.