Monster Cables profit doubles

Pre-tax profits at the Ennis-based arm of US-owned company Monster Cables more than doubled in 2010 to €1.3m.

Accounts recently returned to the Companies Office show that Monster Technology International Ltd increased its pre-tax profits by 105% to €1.33m.

The company established a “Shared Services Centre” at the Ballymaley business park outside Ennis in 2005 and the figures show that the company more than doubled its revenues from €21.6m to €44.4m in the 12 months to the end of December 2010.