Profits Rise At Ballymaloe House Parent Company

By Dave Simpson
Profits Rise At Ballymaloe House Parent Company

Accumulated profits at Yeats Room Ltd, the firm that operates Co. Cork's Ballymaloe House Hotel, rose to €2.24 million last year.

The Irish Independent reports that new accounts for the company reveal it recorded modest profits of €3,262 in 2017, following profits of €71,478 in 2016 and €24,238 in 2015.

Employment And Cash Pile

The number of people employed at Ballymaloe House rose from 48 to 51 last year with staff costs coming to €1.7 million and pay to directors decreasing from €425,759 to €408,920. Meanwhile, the company's cash pile increased from €761,476 to €769,865 during the 12 months to the end of October, 2017.

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