Company registrations slump 6.1% in June

7-7-2017 Business Mail BusinessMail Cool

Company registrations slump 6.1% in June

By Stelios Orphanides

Company registrations declined 6.1 per cent in June, compared with the respective month of 2016, to 954, the Department of Registrar of Companies and Official Receiver said.

In the first half of the year, overall company registrations, an indicator of the performance of the business services sector, rose an annual 1.2 per cent to 6,442, the department said in an emailed statement.

The number of certified copies issued fell 1.8 per cent to 25,858 in June and rose 4.2 per cent in January to June to 160,811 compared with the respective period of 2016, the...

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