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Dublin Restaurant Alfie's Records Profit For Year That Ended On May 31, 2020

Published on Sep 20 2021 2:00 PM in Restaurant tagged: Alfie's / South William Street / Heat Restaurant Limited

Dublin Restaurant Alfie's Records Profit For Year That Ended On May 31, 2020

Dublin restaurant Alfie's has recorded a profit for the year that ended on May 31, 2020.

Heat Restaurant Limited

As reported by The Business Post, accounts for the company behind Alfie's, Heat Restaurant Limited, which is owned by Niall McMahon, have revealed that it made €134,000 in profit in the year that ended May 31, 2020, and it now has accumulated profits of €554,000.

That cash at bank and in hand was reportedly valued at more than €94,000, significantly ahead of the previous year when it reportedly had €4,900 cash in the bank.

In recent years, the company behind Alfie's has reportedly been recording significant levels of profit. During the previous financial year in 2019, it reportedly made a profit of €84,000, while in 2018, the end of year profit was reportedly €101,000.

© 2021 Hospitality Ireland – your source for the latest industry news. Article by Conor Farrelly. Click subscribe to sign up for the Hospitality Ireland print edition.

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