Pre-tax profits at the company that operates the four-star Radisson Blu hotel off of Dublin's South Great George's Street, rose almost fourfold to €1.02 million last year.
According to The Irish Independent, new accounts for Luxor Leisure Ltd reveal that the company's pre-tax profits increased despite gross tax profits decreasing 2% to €11.84 million during the twelve months to the end of October 2017.
Meanwhile, Luxor Leisure's accumulated profits rose from €4.7 million to €5.6 million during the period and its cash pile increased from €3.66 million to €4.05 million. Additionally, the number of people employed by the company rose from 114 to 120 with staff costs increasing from €2.8877 million to €2.933 million.
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© 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.