Nursing home operator CareChoice enjoys 20% hike in profits to €2.63m

Nursing home operator CareChoice recorded a 20% increase in profits to €2.63m in 2012, in spite of only a marginal increase in revenues.

The firm operates five nursing homes — Clonakilty, Dungarvan, Montenotte, Ballynoe and Macroom — with the numbers employed increasing to 418.

According to accounts filed by CareChoice Ltd and subsidiaries with the Companies Office, revenues at the group increased from €16.9m to €16.98m in the 12 months to the end of December 2012.