Get the app today! Download iPhone App Download Android App


Russell Court Hotel Records Pre-Tax Loss

Published on Nov 20 2018 11:32 AM in Hotel tagged: Russell Court Hotel / Dicey's / Krystle

Russell Court Hotel Records Pre-Tax Loss

New accounts filed by Triglen Holdings for Dublin's Russell Court Hotel, which includes Krystle nightclub and Dicey's Garden, indicate the business experienced a pre-tax loss of €803,033 last year.

According to The Irish Independent, the loss arose as a result of €806,888 in non-cash costs. Meanwhile, directors pay rose to €783,044 last year from €760,347 in 2016 and shareholder funds amounted to €15.45 at the end of 2017.

Further Figures

Additionally, staff costs increased from €4.32 million to €4.5 million, the company's cash pile increased from €374,376 to €424,100 and the book value of the firm's property dropped from €22.46 million to €22.13 million, with the amount the company owed in loans decreasing from €6.65 million to €5.94 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.

Share on Facebook Share on Twitter Share on LinkedIn Share via Email