Profits soar at Rohan group to hit €42.5 m

  • Profits soar at Rohan group to hit €42.5 m
    Independent.t. E.
    Members of the Rohan family, which is one of the largest real estate investment and development firms, Rohan enterprise, last year shared in a windfall dividend of 10.8 m.
    https://www.independent.ie/business/irish/profits-soar-at-rohan-group-to-hit-425m-37197592.html
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Members of the Rohan family, which is one of the largest real estate investment and development firms, Rohan enterprise, last year shared in a windfall dividend of 10.8 m.

What a bumper year for Jamie Rogan-Led group when she used a pre-tax profit of $ 42.5 m – a more than fivefold increase in profit before tax of €7 million in 2016. A major jump in net profit, used in airspace investments Ltd and subsidiaries more than three times the revenue coming from €20.6 M to €62.6 m. the Director stated that “2017 was another positive year for the group”. They claim that the group’s profit before tax increased on average for the development, letting and subsequent sale of 21 Charlemont in Dublin 2.

Heads of state: “2017 also saw industrial development in response to the increased demand and rents in this sector.”

Team events include the Grand canal Plaza in D2 and Directors added that “the power balance is reflected in the €115 million of property assets with a substantial land Bank, which is due to the debt of the Bank”.

At the end of November last year, the group had cash funds of shareholders in the amount of €175 m, which included €121m in the accumulated profit.

Of funds of the company for the year more than doubled going from €28.36 m to €66.4 m.

Directors salary increased from €702,072 to €1.1 m. Number of employees 13.

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