Residential construction accounted for lion’s share of long-established developer’s business as commercial work fell by 38%
Pretax profits at Michael Cotter’s Park Developments last year increased by almost a third to €23.45 million as lower costs offset a 12.5 per cent drop in revenues in the 12 months to June 29th.
Is that a harp in the Doctor Who time vortex? Irish screen industry travels far to reach the Whoniverse Numbers directly employed by the business last year were stable at 74 from with staff costs rising to €9.33 million, up from €8.7 million. A breakdown show that 46 are employed in production, 16 in administration and 12 in management.
A note attached to the accounts states that the company is a member of the Gansu Group, which holds a facility with Allied Irish Bank plc and Bank of Ireland.
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