Biotrin five-fold profits leap as turnover soars

BIOTRIN, one of the country’s oldest and most successful biotech companies, recorded a five-fold increase in profits last year.

According to accounts just filed at the Companies Registration Office (CRO), pre-tax profits for the year to end October 2004 rose from €251,216 to €1.5 million.

Turnover for the year rose from €2.07m to €9.13m.