Increased revenues help Killybegs Seafoods increase profits by 60%

Pre-tax profits at one of the largest fish processors in the country, Killybegs Seafoods, increased by 60% last year to €3.9m.

The upsurge in profits follows revenues at Killybegs Seafoods Ltd increasing by 18% from €23m to €27.3m in the 12 months to the end of March 31 last year.

The Co Donegal firm was established in 1968 and is one of the main processors and exporters of pelagic fish, specialising in mackerel, herring, horse mackerel and sprat.