Hot-pot creator sees profits cool

The Cork artisan food firm sold by hot-pot millionaires Cully & Sully is aiming to increase sales by around 16% this year.

Hot-pot creator sees profits cool

That is according to co-founder Colum O’Sullivan who was commenting yesterday on new accounts for Cully & Sully Ltd showing that the firm’s pre-tax profits dropped marginally to €2.456m in the 12 months to the end of June last year.

However, the €2.46m pre-tax profit secured in the prior period was over 18 months. The firm’s gross profit last year was €3m compared to €4.35m in the previous 18 months.

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