Seed company sees pre-tax profits grow by 18%

Pre-tax profits at Co Cork-based seed manufacturer, Goldcrop last year increased 18% to €1.69m in spite of a drop in revenues.

New figures show that revenues at Goldcrop Holdings declined 6%, from €49.85m to €46.67m, in the 12 months to the end of December.

The principal activity of the group is the manufacture of cereal, seeds, and animal feed and the wholesale of agricultural inputs, horticultural seeds and plants.