New accounts for World Travel Centre Holdings Ltd have revealed that pre-tax profits rose 61% to €3.95 million at Dublin-based travel company World Travel Centre during the year on October 31, 2019.
Meanwhile, the company's revenues rose 47.5% to €210.19 million; the number of people employed by the company rose from 140 to 189; staff costs increased from €4.65 million to €6.35 million; directors' pay rose from €387,357 to €594,443; the company's cash increased from €11.2 million to €15.3 million; and the company recorded operating profits of €4.9 million and exceptional costs of €791,450.
Shareholder Funds
Additionally, World Travel Centre had shareholder funds of €13.8 million, which included accumulated profits of €7.6 million, at the end of October 2019.
© 2020 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.
