CNG Travel shares hit by profits warning

SHARES in CNG Travel, the online bookings company, lost nearly a third of their value yesterday after a profits warning.

CNG Travel shares hit by profits warning
Sat, 18 Jun, 2005 - 01:00
Ian Guider

In a trading update, the Kenmare-based company said it was selling off Places To Stay, an online travel website, that it bought last year for €10 million.

The company said it was exiting the consumer travel market to focus on the corporate sector.

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