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Pretax Profits Exceed £5.2m At The Hastings Group

Published on Jul 5 2018 2:36 PM in Hotel tagged: Hastings Hotel Group

Pretax Profits Exceed £5.2m At The Hastings Group

The Hastings Group has revealed that its sales rose 7.8% last year, resulting in pretax profits of over £5.2 million.

According to The Irish Times, the group's turnover increased by over £2.8 million in 2017, hitting a high of £39.6 million, while the firm received £647,504 from its joint venture in the Landmark Investment Company last year.

The group's latest accounts for the twelve months ending in October 2017 also show that its tangible assets increased in value by more than £25 million during the period to £77.4 million.

© 2018 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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