Revenue from subscriptions rises as chamber cashes in on ‘active year’

CORK Chamber has cashed in on what it described as an active year, as revenue from subscriptions soared to over €427,000.

According to Cork Chamber’s annual report, there was a significant fall in pre-tax profits as profit on ordinary activities before taxation amounted to just over €32,000 last year, compared with a profit of over €46,000 in the previous year.

Salary and pension spending by Cork Chamber increased by €40,000 last year on the 2004 figure as these expenses amount to over €338,000.