Profits surge at TK Maxx operator to €5.54m

Revenue increase was driven by fewer Covid-19-related store closures last year

New accounts filed by TJX Ireland UC show that profits increased by 1282 per cent to €5.54 million. Pic:Denis Scannell

Pre-tax profits at the operator of clothing and homeware retailer, TK Maxx last year increased more than 13 fold to €5.54m.

New accounts filed by TJX Ireland UC show that profits increased by 1282 per cent to €5.54m as revenues rose by €52.94m or 36 per cent from €146.87m to €199.8m in the 12 months to the end of January 29th last.