New accounts filed by Telfer Ltd, the company that operates Dublin's Hogan's bar, L’Gueuleton restaurant and Kelly's boutique hotel, have revealed that the firm's pre-tax profits rose 33% to €1.33 million during the year that ended on May 31, 2018.
As reported by The Irish Times, the company's revenues rose 5% to €8.5 million during the period while its operating profits increased by a quarter to €1.5 million, with net interest payments of €170,735 resulting in the €1.33 million pre-tax profit figure.
Additionally, the company's staff costs decreased from €2.5 million to €2.48 million.
Get a FREE Digital Subscription!Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.
© 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.