Property company posts €16.8m loss

A BERNARD McNamara property development company recorded a loss of €425,058 last year.

Property company posts €16.8m loss
Thu, 24 Nov, 2011 - 00:00
Gordon Deegan

Accounts just filed by Radoo Lands Ltd, show that the company’s loss last year resulted in the firm’s accumulated losses totalling €16.8 million at the end of December last.

Figures show €15.5m of the loss relates to a writedown in current and financial assets in 2009.

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CourtsPlace: Cusack ParkPlace: EnnisPerson: BernardPerson: McNamaraPerson: Seán LynePerson: Noel ConnellanPerson: LynePerson: ConnellanOrganisation: Radoo Lands LtdOrganisation: Clare GAAOrganisation: Michael McNamara & CoOrganisation: RTÉOrganisation: Bank of Scotland Ltd
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