Pre-Tax Profits Decline At Copper Face Jacks
New accounts lodged for the company that operates Dublin’s Copper Face Jacks nightclub, Breanagh Catering Ltd, have revealed that the venue recorded €4.1 million in pre-tax profits in 2017.
As reported by The Irish Times, Copper Face Jacks’ €4.1 million pre-tax profits figure for 2017 represents a drop of a little over €1 million from the previous year, when the venue's pre-tax profits came to just below €5.2 million. Meanwhile, the venue’s revenues increased from €9.4 million to €9.6 million with the number of people employed by the nightclub declining from 218 to 196 and staff costs increasing from €4.4 million to €5.1 million.
Copper Face Jacks' after-tax profits in 2017 totalled €3.5 million after a corporation tax payment of €595,620.
© 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.