Pre-tax profits at one of the country’s largest privately owned development firms, Rohan Holdings increased five-fold last year to €32.24m. The pre-tax profit of €32.24m followed a pre-tax profit of €5.97m in 2021 – an increase of 439pc or €26.27m. The bulk of the group’s revenues at €78.4m were generated in Ireland with €340,494 in ‘rest of world’. At the end of November, the group – led by Jamie Rohan – had shareholder funds of €185.44m that included €141.63m in accumulated profits. The group recorded an operating profit of €32.82m, and net interest payments of €595,625 reduced the profits to a pre-tax profit of €32.24m.

Source: Irish Independent October 30, 2023 03:13 UTC