John Paul Construction profits rise to €4.7m

PROFITS at John Paul Construction, one of the largest building firms in the state, rise by almost 8% last year.

Accounts just filed at the Companies Registration Office (CRO) show profits for the year to end December 2004 rose to €4.7 million from €4.3m the previous year.

John Paul Construction reported turnover for the year had risen by 40% to just over €171m. The company did not give any reason for the surge in revenues.