Tech provider MJ Flood back in black with €2.95m profit

Business technology provider MJ Flood last year returned to profitability to record pre-tax profits of €2.95m.

This followed Dublin-based MJF (Holdings) Ltd increasing its revenues by 32% from €26.93m to €35.75m in the 12 months to the end of Dec 2011.

The office supplies provider recorded a pre-tax loss of €244,544 in 2010 after incurring a write-down of €1.5m on properties, according to accounts filed with the Companies Registration Office.