Parknasilla Resort in Kerry to build profits following revamp

Operating profits at one of the country’s best known four-star hotels, Parknasilla in Co Kerry, quadrupled to €452,543 in 2014.

Newly-filed accounts for Silork Ltd also show that the firm’s gross profit rose by 19% from €3.56m to €4.25m.

However, large foreign exchange losses of €1.32m, along with interest payments of €705,182, resulted in the business recording a pre-tax loss of €1.57m.