Carroll firm sees profits up 20.5%

ONE of Liam Carroll’s property development companies has shown an annual increase of 20.5% in pre-tax profits, according to newly filed accounts with the Companies Office.

Accounts for MonAer (Cork) – a joint venture between Mr Carroll and the Dublin Airport Authority (DAA) – show that the company made a pre-tax profit of just under €1.2 million for the calendar year of 2008.

That figure was up from a profit of €976,029 for the previous year.