Krystal club profits hit €30k a week

Champagne continues to flow for the operators of one of the country’s best known nightspots, Krystal nightclub, with them reporting that the business will record profits of almost €30,000 per week this year.

According to accounts just filed by Triglen Holding Ltd — that operates the Russell Court Hotel that houses Krystal — its directors Ramanthan Arulchelvan and Eileen Wright are forecasting that the business will record profits of around €1.5m this year or €28,846 per week.

The two last year paid themselves €904,064 in emoluments (salaries or fees) and this followed the two receiving emoluments of €1m in 2011.