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Pub/Bar/Nightclub

Pre-Tax Profits Rise At Telfer Ltd Hospitality Firm

By Dave Simpson

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.

Staff Costs

Additionally, the company's staff costs decreased from €2.5 million to €2.48 million.

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© 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.

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