Defence forces supplier sees profits rise by 46%

EQUIPMENT supplier to the defence forces Timoney Holdings saw its pre-tax profits soar by 46% last year.

Defence forces supplier sees profits rise by 46%

Accounts just filed for Meath- based Timoney Holdings Limited and Subsidiaries show turnover almost doubled from €5.9 million to €10.1m in 2008.

Pre-tax profit was up from €431,169 to €632,701.

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