Kemek explosives construction firm doubles profits

Industrial explosives firm Kemek Ltd last year almost doubled its pre-tax profits to €2.76m, reflecting some improvement in the prospects of the construction industry.

New accounts show that the Co Kildare firm recorded the 79% profits rise after revenues increased by 5% to €13.8m, up from €13.2m.

The firm makes and distributes explosives for the building industry.