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Pre-Tax Profits And Revenues Rise At Hayfield Manor Parent Company

Published on Sep 17 2019 10:36 AM in Hotel tagged: Trending Posts / Hayfield Manor / Tripoint Investments Ltd

Pre-Tax Profits And Revenues Rise At Hayfield Manor Parent Company

New consolidated accounts filed by Kerry-based hotel group Tripoint Investments Ltd, which operates Cork's five-star Hayfield Manor venue, have revealed that the firm's pre-tax profits increased by 12% to €6.1 million last year, while its revenues rose 7% to €25.7 million.

The group's post-tax profits came to €5.23 million.

Cash Pile, Staff Costs And Shareholder Funds

Additionally, the group's cash pile decreased from €1.69 million to €1 million last year, its staff costs increased from €8.8 million to €9.1 million, its directors' pay amounted to €214,375, and it had shareholder funds of €32 million as of December 31, 2018, according to The Irish Independent.

© 2019 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.

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